In this special episode of For Badass Entrepreneurs ONLY!, Coach Dan Gordon visits The Passive Wealth Strategy Show Podcast with Podcaster Taylor Loht. Dan shares how we transformed his devastating mistake into a life-changing opportunity by embracing risks and overcoming internal fears. This conversation is packed with insights on perseverance, self-compassion, and the importance of learning from failures. Take advantage of Dan’s powerful lessons and actionable advice for entrepreneurs looking to elevate their game in real estate and beyond.
Five Badass Q&As
Q1: Coach Dan, can you tell us about the mistake that cost you $80,000 and how you bounced back?
A1: Back in 2016, I hired a pathological liar who destroyed my marketing company, costing me $80,000. It was a painful experience, but it forced me to pivot and pursue my true passion—helping others as a business coach. This journey from the floor to the stage was a massive transformation.
Q2: What’s the difference between internal and external problems, and why is it important to solve internal problems first?
A2: Internal problems are about self-perception and beliefs, while external problems are situational. Solving internal issues is crucial because our internal state influences how we handle external challenges. Our minds focus on safety, often holding us back from taking necessary risks.
Q3: How can entrepreneurs learn to take more significant risks without being paralyzed by fear?
A3: Entrepreneurs need to understand that fear is valid but often exaggerated. By building a relationship with their fears and showing self-compassion, they can reduce stress and take calculated risks. It’s about recognizing that fear is trying to protect us, not paralyze us.
Q4: What advice would you give someone who feels like giving up after a failure?
A4: Don’t give up after the first setback. Consider pivoting if you’ve gone splat against the wall five or six times and it’s still not working. Study successful people; they fail often but learn from each failure. Trust empirical evidence over your feelings.
Q5: How important is being kind to yourself as an entrepreneur?
A5: Being kind to yourself is essential. Harsh self-criticism only leads to exhaustion and burnout. Treat yourself with compassion, recognize the validity of your fears, and reassure yourself that mistakes are part of the learning process. This approach fosters resilience and long-term success.
Five Badass Quotes
1. You create any situation you find yourself in to free yourself.
2. Fear is valid. It’s trying to protect us, not paralyze us.
3. If nothing scares you on your calendar, you’re wasting your life.
4. Don’t wait until you feel ready; you’ll never feel ready.
5. Successful people try and fail many times before they succeed.
Five Badass Takeaways
1. Embrace and learn from your mistakes; they reveal your true potential.
2. Internal problems need solving first to handle external challenges effectively.
3. Self-compassion reduces stress and fosters resilience in entrepreneurship.
4. Don’t give up after initial failures; persistence and learning lead to success.
5. Taking risks is essential for growth; don’t let fear hold you back.
Contact Info
Text the word “help” to 213-409-8366 to book a call with Coach Dan Gordon.
Visit https://dangordonenterprise.com
Connect on LinkedIn: https://www.linkedin.com/in/coachdangordon
Chapters
0:00 Introduction
0:38 Overcoming $80,000 Loss
3:33 Internal vs. External Problems
6:53 Learning from Mistakes
10:53 Persistence in Real Estate
14:34 Facing Fears and Taking Risks
21:38 SelfCompassion and Growth
25:03 Book Recommendation
27:40 Sources of Inspiration
28:00 Advice from Future Self
28:40 How to Reach Dan Gordon
29:29 Closing Remarks
For more badass episodes, check us out at For Badass Entrepreneurs ONLY!
https://dangordonenterprise.com/badass
