Sort of weird to think there’s a dark side of having Grit but it’s true.
Here’s a real life story:
Years ago we owned vending machines. They were truly a pain in the ass. I had to negotiate prices with stores, then had to do the leg work of lugging the food to the machines and loading them. Not to mention beg my way into offices to actually place the machine. On top of all it the business didn’t make any money. One day on a bike ride I was talking to my friend Mark, who was worth $500,000,000 at the time (half a BILLION) about what I was going to do now that I had gotten laid off from my job as a Network Engineer. I told him about my vending machine business and how it was going and his response was simply, “Z, I know you. You’re in the wrong business. Get out of it as fast as you can.” The next week I sold all the machines to some guy from Alabama via Ebay.
Here is a play by play of my thoughts:
– the almost Billionaire says it’s the wrong biz for my personality.
– the almost Billionaire was an excellent athlete and listened to everything I taught him about cycling for the 3 prior years.
– he’d earned my trust… so I didn’t hesitate I got out of the business.
– he explained to me that the traits that made me an elite athlete wouldn’t necessarily translate into business. Meaning as an athlete you NEVER give up. As a business owner you need to know when to cut your losses and move on.
Mark showed me the dark side of having Grit.
In this podcast you’ll learn how to develop your Grit and if you’re a parent how to develope Grit in your kids.
(In case the embedding doesn’t work click here to hear the podcast)