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Home › Blog › Entrepreneurship, Personal Thoughts & Ideas, Success › How To Recover From Setbacks
Jan 27 2009
8

How To Recover From Setbacks

Entrepreneurship, Personal Thoughts & Ideas, Success

I was once asked, “How do you recover from setbacks? I’m sure you faced many obstacles when you were first starting out.” In fact, that was also the same question I asked to the internet millionaires in my book, eMillions: Behind-The-Scenes Stories of 14 Successful Internet Millionaires.

How To Recover From Setbacks

I’m definitely not one of the best person in the world at dealing with setbacks, but I do have a couple of advice based on my past experience.

There were many many many times during my internet marketing career where I just felt like giving up. I had doubts creeping into my mind, thinking this was all pointless and wasting my time. I simply couldn’t cope with the level of stress…

What do you do at this point?

I usually will just take a break and go to a quiet room or place and just chill. Relax. And reboot my brain. Think and get your mindset back on track.

You got to push yourself and persevere. You just have to come to understand that if you started this project then you got to finish it right to the end. You can’t just quit half way. Quitters are losers. You never ever quit.

If you’ve tried your best, but couldn’t succeed, then it’s okay. But if you didn’t try your best and failed as a result, then there’s a problem. It just shows you’re somebody who is not determined and persistent at things. It’s all about the mindset

Remember, do what you love because when you love what you do, you will never give up.


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8 Responses to How To Recover From Setbacks

  1. Alexander Kintis January 27, 2009 at 3:41 pm

    Great words of encouragement.

    Reply
  2. Jim Tomlinson January 30, 2009 at 4:10 pm

    Stanley,

    Doing what you love creates the energy to help you break the gravity of setbacks. Imagine if the engineers and astronauts who built and flew rocket ships “gave up” before breaking free of earth’s gravity…Where would be today?

    “One small step for man – one giant leap for mankind” Neil Armstrong

    Reply
    • stanleytang January 31, 2009 at 1:44 pm

      Great quote :)

      Reply
  3. Muneeb January 30, 2009 at 4:23 pm

    that’s encouraging, one should never give up!

    Thanks

    Reply
  4. Cheree January 30, 2009 at 4:26 pm

    Stanley,

    One of the best ways I have of pushing through disappointment is to get up and get moving. Some hard physical activity gets those endorphins flowing, improves my attitude and gives me some space to think. I’m able to come up with a plan of attack, and then buckle down and get to work.

    I don’t take the time for pitty parties, they just keep you stuck in a low spot instead of helping to raise you up and overcome. Great topic! Thanks!

    Reply
  5. Chung Bey Luen January 30, 2009 at 4:31 pm

    For me, I will try listening to music and playing badminton to release my stress.

    Reply
  6. Nicholas Chase January 30, 2009 at 6:37 pm

    Hi Stanley,

    Thanks for this, I feel like quitting every morning that I sit down at my computer and see that zero income has resulted from my seven (!) monetized blogs.

    I recently wrote a post on my blog here: http://donotreadthisblogunless.blogspot.com/2008/12/do-you-ever-feel-like-quitting.html

    Without sufficient daily budget for clicks (PPC-click-budget), I have attempted to make money online from free blogs on blogspot. Bad idea…nobody clicks on my adds even though I have 50-100 visitors per week.

    It is really hard when you are unemployed, and trying to climb this hill seems impossible.

    I’m not quitting, but seeking a day job until my income supports PPC where the real money is.

    Respectfully,

    Nicholas Chase
    http://www.twitter.com/nachase

    Reply
  7. Jane February 5, 2009 at 6:13 am

    Hi Stanley,
    Discovered you on Twitter this evening, and can’t tell you how impressed I am. I truly appreciate what you’ve shared in this blog, and I’ll be signing up for your email updates. Thanks for being you, and for honestly working to make the world a better place. :)
    Cheers,
    Jane

    Reply

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About Me

Hi, I’m Stanley Tang – a 19 year old tech entrepreneur, author and student. Since 2006, I’ve been building internet businesses ranging from online magazines to social web applications. I also published a book called eMillions, which was a #1 best-seller on Amazon.com.

I’m inspired by technology, startups, design, innovation, philosophy and business. I love engaging in the creative process of building tech startups.

Right now, I’m pursing a Computer Science degree at Stanford University. Be sure to look around to check out what I’ve been up to lately.

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