Taylor Welch

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#720 - Learn to Lose
blog.taylorawelch.com
Daily Mind Medicine

#720 - Learn to Lose

Daily Mind Medicine - Episode #720

Jan 3
Share this post
#720 - Learn to Lose
blog.taylorawelch.com

In this episode, Taylor wants us to realize that the only way to learn how to win is to learn how to lose. Failure is a part of the process. Reflect on it. Be honest about it and then learn from it. Take the lessons. Print the lessons.

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Transcript

So crew, happy morning. Happy Tuesday morning. Sitting here in my car about to go into the gym and I've got a busy day.

I probably will not get everything done today that I want to get done. And that's all right. That's where innovation comes from and human ingenuity comes from is having constraints and sometimes not enough time to get the things done that you need to get done.

It's a gift if you can change the frame and change the perspective. I've got a, a training this morning that we have an all team meeting.

Then I've got a couple of meetings this afternoon and actually about to tour one of our new developments. We have a 14 unit luxury short-term rental development that we built in downtown Nashville.

We just closed on that. It's it's amazing. It's an amazing project. Nashville's a crazy city. It's like everybody, everybody wants to visit Nashville right now, so it's a really cool place to be on the real estate side.

Anyways in reflecting, you know, this, this is something that the pros have to learn to do consistently, and I'm gonna just give it right to you and move on so I can go get my workout in and you can move on with your day.

The only way to truly learn how to win is to learn how to lose. The only way to learn how to win is to learn how to lose.

It's amazing to me how many people on social media are they have wrapped their entire identity around this fake persona of someone who wins at everything that they do.

You know, they never miss, they swing and never miss. They are constantly on the up and up. They're constantly moving forward.

And I have found it to be lacking in my own the, the way I present to the world. I want you to know that I lose almost as often as I win.

And it's not just me, it's anybody like me. I was reading last night Warren Buffet, one of the greatest investors of all times City invested in a shoe company and he put in 400 million to buy the, the company, and it went to zero.

He's made mistakes. If you look at the big players, they are constantly making mistakes. And the thing that they have to make sure is that the mistakes are not so big that they take them out of the game.

And this comes down to energy and managing how many projects you take on at once and becoming better from your mistakes.

Now, I think that failure is a part of the process, but I think that you have to reflect on your failure and be honest about your failure and the attribution on your failure.

Why did you fail? And You, you over time begin to update your playbook. You update your operating system so that you are slowly winning more and more as time moves forward.

The last 12 months, I would say that I've lost a lot of times. I've lost a lot of little battles.

I've been up and I've been down. But at the end of the day, when you zoom out and you look at the microcosm of my life, what you will see is a trend of winning that has multiple micro losses in the middle.

Don't beat yourself up. Take the lessons, print the lessons, recall the lessons, and you'll get better every day, every week, every month, every quarter.

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#720 - Learn to Lose
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