Overcoming Setbacks: How You Can Navigate Through Challenges and Achieve Entrepreneurial Success

The $100M Entrepreneur Podcast

Transform your business by learning how to overcome setbacks and thrive with insights from Amelia Rose Earhart. Discover how the turbulence of aviation mirrors the challenges faced by entrepreneurs, and how to strategically navigate through them. With practical lessons on planning, resilience, and embracing adversity, this episode offers powerful strategies to help you lead with confidence and propel your business to new heights. Tune in for inspiring stories and actionable advice that will drive your business forward.

Watch this full episode on youtube: https://youtu.be/JIgND7h9qHI

About Amelia Rose Earhart
Amelia Rose Earhart, a renowned aviator and speaker celebrated for her groundbreaking achievements in aviation and her dynamic approach to leadership. With a deep commitment to empowering others, Amelia has navigated complex challenges, earning recognition for her strategic vision and resilience. Her dedication to inspire individuals to push their limits and embrace new opportunities makes her a highly respected voice in her field. Amelia’s experiences in adventure, entrepreneurship, and personal growth fuel her passion for mentoring and sharing valuable lessons that encourage others to reach their highest potential.

Please click here to learn more about https://www.ameliaroseearhart.com/

About Brad Sugars
Internationally known as one of the most influential entrepreneurs, Brad Sugars is a bestselling author, keynote speaker, and the #1 business coach in the world. Over the course of his 30-year career as an entrepreneur, Brad has become the CEO of 9+ companies and is the owner of the multimillion-dollar franchise ActionCOACH®. As a husband and father of five, Brad is equally as passionate about his family as he is about business. That’s why, Brad is a strong advocate for building a business that works without you – so you can spend more time doing what really matters to you. Over the years of starting, scaling and selling many businesses, Brad has earned his fair share of scars. Being an entrepreneur is not an easy road. But if you can learn from those who have gone before you, it becomes a lot easier than going at it alone.

Please click here to learn more about Brad Sugars: https://bradsugars.com/

Build a Business That Gives You More Time, Money & Life:
Get The $100M Playbook: https://go.bradsugars.com/100m-playbook-ebook


2024-10-05 8 min Transcript

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Transcript

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<v Speaker 1>I was being criticized, publicly, told you're a liar, you're a fraud, you're a fake, you don't deserve to fly.

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<v Speaker 1>Amelia wouldn't want to share a name with you.

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<v Speaker 2>Amelia Rose Earhart.

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<v Speaker 2>She was named after the great Amelia Mary Earhart and of course that put pressure on her in life.

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<v Speaker 1>Everything changed when I decided that it was more important than I be related to Amelia, that I instead relate to Amelia.

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<v Speaker 2>I think you're gonna love how she uses turbulence as an analogy for how success happens.

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<v Speaker 1>The only airplane that never experiences turbulence is the one that stays locked up in a hangar.

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<v Speaker 2>What's your thoughts on success and how it happens?

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<v Speaker 1>Really for me it comes back to my flight training.

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<v Speaker 1>I love aviation analogies and one of the strongest for me, that I learned in just the first few of my flight lessons in my early 20s was that every single plan, every single flight, begins with a solid flight plan.

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<v Speaker 1>Right, we need to first identify where we want to go.

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<v Speaker 1>We need to take a look at the environment that we want to head through.

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<v Speaker 1>We need to see if there are storms along the way, what are the weather conditions, what are the obstacles, and then we need to assess ourselves.

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<v Speaker 1>Right, if we're thinking of ourselves involved in that flight plan.

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<v Speaker 1>We're the aircraft right?

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<v Speaker 1>Do we have enough fuel on board?

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<v Speaker 1>What kind of aircraft are we showing up with?

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<v Speaker 1>When we set our sights on something new, we have to ask ourselves those questions.

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<v Speaker 1>But when I find that you do a lot of the pre-flight work right, the work on the ground, asking ourselves are we ready to head into this environment?

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<v Speaker 1>Doing that first is the best way to be successful once you do take flight.

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<v Speaker 2>So let's flip that over then.

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<v Speaker 2>And obviously, in flight there's not failures, but there's challenges.

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<v Speaker 2>How do we learn success?

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<v Speaker 1>from failure, I guess, or from challenges success, from failure, I guess, or from challenges.

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<v Speaker 1>Every flight that I took, from the beginning, training flights, all the way through my commercial license, my instrument rating everything was about, if not experiencing real challenges in the air, simulating those challenges, which is why pilots are so focused on doing emergency procedures right, following checklists if and when things do go wrong and I think, knowing that in aviation it's all about redundancy and planning for things to fail, we almost get so comfortable with the reality of things going wrong that we treat the reality of failure as equally as we do the success right.

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<v Speaker 1>It's an incredible feat that every flight gets to where it's going all over the world every single day.

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<v Speaker 1>Think about how many things could go wrong.

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<v Speaker 1>But the reason aviation is so safe and pilots are so successful in reaching their destinations is because we address those fears head on.

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<v Speaker 2>How do we succeed through turbulence?

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<v Speaker 1>And turbulence is kind of the same thing Up in the air.

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<v Speaker 1>Turbulence is not the cause for crashes of aircraft.

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<v Speaker 1>It's simply a disruption in the smooth airflow over the wing.

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<v Speaker 1>Now it can cause injury and, yes, it can be disruptive and it can be downright scary, but it's not going to cause your flight to come to an end 99.9 percent of the time.

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<v Speaker 1>So what I like to remind folks is that the only airplane that never experiences turbulence is the one that stays locked up in a hangar.

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<v Speaker 1>Yeah Right, and that's not what planes are built for, and I think the same is true for all of us.

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<v Speaker 1>We can handle the bumps, we can handle a few bruises, but if we're protecting ourselves, that's the only way we're going to have a completely smooth journey, and that's a journey that I don't really want to be on.

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<v Speaker 1>You know, we need those challenges to grow.

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<v Speaker 2>So how do you handle that with confidence then?

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<v Speaker 2>Because you talk about that a lot, about handling that change and challenge with confidence.

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<v Speaker 1>Planes experience turbulence all the time and if you think about it, next time you're on a big commercial aircraft and you go through those bumps, when you look out at the wing, the wing will actually flex quite a bit right.

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<v Speaker 1>You may even see the wings bow a bit in some of that really rough air.

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<v Speaker 1>But before that aircraft ever got certified to fly, before it ever got anywhere close to take off, that plane was put through stress tests that would stretch that wing so much further than we'll ever experience in a storm up there in the air.

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<v Speaker 1>So for me personally, when I think about my own turbulence that I've been through and the major turbulence that I endured was learning that after many years of thinking that I shared a distant common relation with the first Amelia Earhart, I learned in a really public way, on Twitter, in a really embarrassing way, that I actually shared no relation to Amelia.

00:04:22.988 --> 00:04:26.345
<v Speaker 1>And this was right before I was about to launch on my flight around the world.

00:04:26.761 --> 00:04:34.620
<v Speaker 1>And when I learned this new information, I was being criticized publicly, told you're a liar, you're a fraud, you're a fake, you don't deserve to fly.

00:04:34.620 --> 00:04:40.064
<v Speaker 1>Amelia wouldn't want to share a name with you and I had to recover from that turbulence.

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<v Speaker 1>I wanted to cancel my flight at one point because I thought this is too much, this is embarrassing.

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<v Speaker 1>So I had to reframe my approach and that required a major course correction.

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<v Speaker 1>I had to say you know what?

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<v Speaker 1>I'm no longer going down this heading that says I'm Amelia Earhart, distantly related to the first Amelia.

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<v Speaker 1>I'm going to take a similar path.

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<v Speaker 1>I'm going to still fly around the world, still support women in aviation, give out these scholarships.

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<v Speaker 1>And everything changed when I decided that it was more important than I be related to Amelia that I instead relate to Amelia, which was a shared interest in aviation, and just going for it and knowing that a journey can be imperfect and still be so very successful.

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<v Speaker 2>Pretty much everything you're looking at requires the best version of you.

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<v Speaker 2>How do we succeed at being the best version of ourselves?

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<v Speaker 2>What's your thoughts?

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<v Speaker 1>One of the things I like to think about is how we can ask ourselves what type of attitude we have going into any goal, because one of the very first things you learn in pilot training is about the five most hazardous attitudes that a pilot can have when things start to go wrong.

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<v Speaker 1>They are anti-authority, impulsivity, invulnerability.

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<v Speaker 1>Look, all of our biggest goals are going to involve challenges.

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<v Speaker 1>We know that, and when the frustrations come our way, we need to check are we experiencing any of those five hazardous attitudes Now?

00:06:04.119 --> 00:06:09.035
<v Speaker 1>They can all be recovered from, except for one, and that is resignation.

00:06:09.035 --> 00:06:27.295
<v Speaker 1>When I throw my hands up off the controls and I say there's nothing I can do, that's the only one we truly need to worry about, and so I hope all of your listeners, when you assess how you're handling the challenges and just the problems that come your way, know that your attitude and how you're responding makes a huge difference.

00:06:27.295 --> 00:06:41.581
<v Speaker 1>But if you ever get close to that feeling of resignation, that's when it's time to reach out to a co-pilot, somebody who knows your flight, who you trust, to maybe take the controls for a little bit, give you a little bit of guidance, say, hey, I can see things from a different perspective.

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<v Speaker 1>Here's where I would go if I were you, because a co-pilot can make such a big difference.

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<v Speaker 1>And it was only when I called a mentor, called a friend, called somebody I looked up to and said, hey, what would you do in this situation?

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<v Speaker 1>That I was able to recover from that feeling of resignation.

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<v Speaker 1>And I felt that resignation when I learned about my name.

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<v Speaker 1>Like I said, I wanted to cancel the flight and say no, I'm done.

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<v Speaker 1>But I called up a mentor of mine and he said look, you've done the hard work, you have put in the hours, you've got your licenses.

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<v Speaker 1>Look at this, you love aviation, do this flight around the world because you want to, not because a genealogical connection granted you permission to right.

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<v Speaker 1>Just because your name is whatever it may be doesn't mean you can fly an airplane right.

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<v Speaker 1>And so that outside perspective, I think, can be such a great way to recover from some of those attitudes.

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<v Speaker 2>And that's the Big Success Podcast for today.

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<v Speaker 2>Hopefully, you took a lot of notes, learned a whole bunch and, if you need to go re-listen to it, we dropped a lot of information right there today.

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<v Speaker 2>Big success is what it's all about.

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<v Speaker 2>And, by the way, if you haven't subscribed, hit that subscribe button.

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<v Speaker 2>So you're here with us every single week on the big success podcast.

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<v Speaker 2>I'm Brad sugars.

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<v Speaker 2>That's BS.

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<v Speaker 2>Big success is what we're shooting for.

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<v Speaker 2>Check the show notes for all the links.

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<v Speaker 2>Make sure you follow through, keep learning, keep coming back.

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<v Speaker 2>Oh, and, by the way, share this with any of your friends who you know are up for success.

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<v Speaker 1>I'll see you next week on the Big Success Podcast You've been listening to the Big Success Podcast with the number one business coach in the world, Brad Sugars.

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<v Speaker 1>To learn more about how to achieve business and personal success, as well as how to level up or listen to past episodes, visit wwwbradsugarscom.

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