Overcoming a challenge

The speaker discusses the nature of challenges, emphasizing the importance of keeping a record of them to aid personal growth and mentorship. They share a personal story about facing a significant business challenge, detailing how they managed to turn a potential failure into a success by making tough decisions and cutting non-essential elements. Over time, this led to a profitable business and personal transformation, allowing the speaker to return to their original, more positive self.

Why does the speaker suggest keeping a record of challenges and solutions?

• To impress potential employers

• To avoid future challenges

• To remember and share experiences

• To boast about achievements

What was the initial state of the speaker's business?

• Boring and unprofitable

• Exciting but financially troubled

• Stable and profitable

• Well-established and secure

What strategy did the speaker use to address the business challenge?

• Expanding the business rapidly

• Cutting non-essential expenses

• Hiring more staff

• Investing in new technology

How did the speaker feel about their temporary change in behavior during the business challenge?

• They were excited

• They felt indifferent

• They disliked it

• They enjoyed the change

What is the speaker's current approach to business opportunities?

• Focusing only on profits

• Saying no to most opportunities

• Saying yes more often

• Avoiding all risks