Many people experience severe stress or even depression when fired from their jobs or when their businesses go bankrupt; this is a natural and human reaction, stemming from the shame of failure and the fear of future financial hardship.
Johanes Lim chooses to offer counsel rather than mere consolation. I say:
First:
If you had previously thought and acted proactively to mitigate risks—by constantly learning so as to remain relevant and useful—then today’s losses might not have occurred. However, since it is now too late, accept this as a consequence and move on.
Second:
Know that there are three paths to failure:
1. Doing the right thing the wrong way
2. Doing the wrong thing the right way
3. Doing the wrong thing the wrong way
...whereas there is only one path to success: Doing the right thing the right way.
Your task now: FIND THAT PATH TO SUCCESS AND FOLLOW IT!
Third:
Understand and accept that life values only utility and results; it will marginalize—or even cast aside—anything useless.
That is not cruelty.
That is not injustice.
That is simply how the ecosystem works.
So, whatever you do or do not do, there is only one benchmark: IS THIS USEFUL AND DOES IT PRODUCE RESULTS?
Period.
Johanes Lim, PhD, CPC, CHt (林泰義)
Financial Doctor and Turnaround Specialist for Family Businesses and The BOD Forum Across ASEAN
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