James Schramko Podcast

James Schramko Podcast


1048 - 9 Mental Toughness Exercises for Business Owners with Lloyd Thompson

November 22, 2023

01:36 - Business owners inevitably encounter storms as part of their journey, calling for strong mental fortitude.

03:45 - Practicing gratitude, say with daily thankful prayer, can have a transformative effect on one’s mindset.

9:41 - Some simple techniques can help you stay calm under pressure.

11:29 - Adopting a power pose can boost confidence and presence.

12:54 - Visualization is another way you can stay relaxed and get clarity on your current situation.

16:17 - James advocates for a 'black box' method to handle challenges.

17:30 - Engaging in physical activity is beneficial to both your body and your mental grit.

22:23 - Identifying and focusing on the 'big three' priorities is a productivity technique that gets significant results.

24:05 - Productivity increases when working with the urgency of a timer - try the Pomodoro technique, for starters.

24:49 - The hardest part is often just beginning; taking that first step is key.

26:19 - Building a supportive community can be invaluable for business success.

29:41 - Building in strategic downtime helps resilience and prevents burnout.

31:23 - Do you resist putting things on your schedule?

35:09 - Periodically reflecting on your current position can provide valuable business insights.

38:59 - Adaptability is fundamental to mental toughness and thriving in the ever-changing business landscape.