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Good Times, Bad Times

Good Times, Bad Times

Entrepreneurs want control over their lives. This is why we want to start and run our own businesses. Yet we know that we are really never in control~{!*~}either over people or the course of events. What we get is the illusion of control, much as employees who get their weekly pay checks get the illusion of security.

Sooner or later, everyone who goes into business is going to suffer reversals. Sometimes these are wakeup calls that teach us something useful. But they can also threaten the very survival of our enterprise. The possibility, and thus the fear, of failure is something we must live with, but we shouldn~{!/~}t let it debilitate us. There are far worse things that can happen. Besides, people live through failure, and spring back all the time.

This is why we must learn to rejoice when times are good. We need to admit, and remind ourselves from time to time, that we have succeeded in what we do~{!*~}simply because we have been able to keep doing it and make a living at it.

Some people seem to have more difficulty coping with good times and reveling in their success than they do when they are facing adversity. To admit that things are going pretty well seems to be tempting fate. That~{!/~}s something you shouldn~{!/~}t worry about, because something bad is probably going to happen eventually, whether you enjoyed the good times or not. The key is to survive the setbacks, and you have a better chance of doing so if you get your energy from joy rather than from fear.

That is, I know, a lot easier said than done. It is perversely tempting to search the clear blue sky for dark, ominous clouds. These storms will come, but we must learn to enjoy the sunshine.

Once you~{!/~}ve experienced some ups and downs in your business, you realize that it is pointless to fear future setbacks. You mustn~{!/~}t lose sight of the fact that the realization of our independence is reason for celebration.

This willingness to accept success, to feel that there is a reason to be joyful, despite the knowledge that bad times will come, is an enormous asset~{!*~}a gift that we entrepreneurs can give to ourselves.

Good things happen all the time, and too often we take them for granted. Terrible things also happen. They~{!/~}re part of life. The only issue is whether we are going to interpret them as evidence of failure, or merely as temporary setbacks.

The knowledge that days won~{!/~}t always be sunny can have constructive consequences. Bad times offer good lessons to help you weather even more severe storms ahead. Nevertheless, fixating on the possibility that things will take a turn for the worse can prevent us from noticing the good times while they~{!/~}re happening.





Good Times Bad Times - To learn more about this author, visit James Chan's Website.

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James Chan
(Visit James's Website) James Chan, Ph.D., is president of Asia Marketing and Management (AMM), a Philadelphia-based consultancy specialized in advising U.S. firms on exporting American-made products and services to China and forging business relationships there. Since he founded his practice in 1983, James Chan has advised more than 100 U.S. companies in expanding their businesses in Asia. To view his background online, go to AsiaMarketingManagement. com. He is author of the book, Spare Room Tycoon at SpareRoomTycoon.com. Dr. Chan is the expert interviewed by three financial managers in the 60-minute DVD titled "Secrets of Business Success in China." The 60-minute DVD is a teaching tool for business schools and international executives. It is available on Amazon.com here.

James Chan is a Platinum author on EvanCarmichael.com
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James Chan Video - James Chan, Ph.D., created the phrase "The China Formula" to help Americans understand China in one word. Dr. Chan is President of the Philadelphia-based, independent consultancy, Asia Marketing and Management (AMM). AMM specializes in advising U.S. manufacturers, trade associations, and information companies in building business relationships in China and in exporting American-made products and services in China and Asia. To view AMM's detailed profile online, go to: www.AsiaMarketingManagement.com.
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