Resilience Is One of the Most Essential Entrepreneurial Traits. Practicing This Can Help You Build It.
5 May 2021
Resilience is the capacity to bounce back from difficult events, and if there’s one group who needs that ability, it’s entrepreneurs. Without resilience, every lost client feels like a catastrophe. Failure seems like a point of no return, despite being a normal, if unpleasant, outcome of starting a business.
Resilience, however, is not all or none. Some entrepreneurs are better at picking themselves up and pivoting than others. What separates people who thrive in stressful times from those who break down when faced with adversity?
Research by Vassar College Department of Psychology's Michele M. Tugade from 2004 suggests that resilient people experience positive emotions more frequently. Although positive emotions come in many colors, only one can be conjured in any context: gratitude.