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Defining Success On Your Own Terms

February 7, 2024

Success and happiness in business are about aligning with our deepest values, not just chasing goals. It's the resilience to rise from setbacks and the wisdom to adapt that truly defines our journey.

In this conversation, Jason Portnoy engages with Taylor Welch about the essence of success, the importance of resilience and adaptability, and the pursuit of genuine happiness in business and personal life. Taylor shares his excellent perspective on facing challenges and the importance of aligning one's actions with personal values and goals. The discussion also delves into the concepts of certainty in decision-making, the significance of being a generalist in the modern business world, and strategies for entrepreneurs to define and achieve their true desires.

Topics Covered:

  • The Importance of Learning from Failure: 00:02:10
  • Building Self-Confidence Through Resilience: 00:03:00
  • Embracing Risks and Uncertainty: 00:05:00
  • Aligning Actions with Personal Values: 00:08:00
  • Differentiating Happiness from Contentment: 00:37:00
  • Goal Setting and Achieving Ambitions: 00:42:45

TOP QUOTES:

"Success is really only experienced in proportion to what it cost you to get it."  
 
"Self-confidence is really your own belief that you can handle your life."  
 
"Everyone needs to train themselves to actually put their confidence in their ability to correct bad decisions, not in their ability to make right decisions."  
 
"People are really biased in how they assess risk... replace that with the bias towards what if I don't do this and nothing changes."  
 
"You're running that race for your parents or for someone else; it's not your race."  
 
"We hate the unknown... People are really afraid of uncertainty."  
 
"Winners never quit, but smart people quit the wrong things."  
 
"Quitting actually becomes healthy when... it's no longer where I want my life to be pointed."

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