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Learn Business Lessons From Past Experiences—Even The Painful Ones

Every entrepreneur engages with their past, but if they don’t know the right way to do it, it can be painful and get in the way of business growth. In this episode, business coaches Dan Sullivan and Shannon Waller explain how to engage your past with a growth mindset and gain business lessons from all of your experiences.

Here’s some of what you’ll learn in this episode:

  • How the future and the past are human constructs.
  • Why you have to grant to others what you grant to yourself.
  • Why a sense of failure can prevent you from future growth.
  • The only thing that makes for a bad experience.
  • How painful experiences can lead you to avoid having experiences.
  • How to gain something positive from unpleasant past experiences.

Show Notes:

None of your learning is in the future—it’s all in the past.

No one has spent a single waking moment in either the past or the future, only the present.

We don’t grow in the future; we only grow in the present.

You were just as much yourself in the past as you are today; you’ve just had more experience.

You don’t have to wait until you’re old to examine your life.

If you like who you were in the past, it's natural that you'll like yourself in the present.

Being yourself is a full-time job.

The inability to deal with newness is why people’s lives get old.


The Gap And The Gain by Dan Sullivan and Ben Hardy

Video: How To Transform A Negative Experience

Episode Transcript:
Shannon Waller: Hi, Shannon Waller here and welcome to Inside Strategic Coach with Dan Sullivan. Dan, we both had the extreme pleasure and joy of being at the Free Zone Summit, which happened in February with Strategic Coach in Palm Beach, Florida. And one of the things that you said that struck me and struck a number of other people was how you talk about how to relate to your past self.
So I'd love to dive into that because you have a different perspective than some other people I've heard of that's very validating, very positive, but it's different. And you're very conscious and conscientious about how you do that. So we're talking about how people can think about who they used to be or how they used to show up in the world. What's your take on that?
Dan Sullivan: I'll go right to the punchline here. You can't have a bigger future unless you have a better past.
Shannon Waller: Nice. Okay. You can't have a bigger future until you have a better past.
Dan Sullivan: The reason is that none of your learning is in the future. All of your learning is in the past.
Shannon Waller: Oh, I love that.
Dan Sullivan: The other thing is that nobody has ever spent a waking moment in either the past or the future. Okay. I've only ever been in the present. Now, humans are clever because we've created these mental worlds. We've created these psychological worlds, emotional worlds called the future and the past. But, actually, none of us is ever there.