Building Resilience: How to Bounce Back from Setbacks💪🌟
Sunday spark session is on June 7th or June 8th. Today we're talking about building resilience, how to bounce back from setbacks. Catherine Vittori: We all go through setbacks, and they can either make us or break us.
A lot of us feel we have to grind ourselves into the ground to feel productive. What's expected of us or what society expects of people is not realistic. People evolve. People develop different skills, different passions later in life. And just because you have a setback doesn't mean it's end game.
Roth IRA IRA is a tax free savings account in Canada. In the US do they index those Roth IRAs every other year, like to inflation? Everyone needs a shot to be their best self. It's better to give people the opportunity to rise.
Nikki: It takes a team to get to the top. Let your work speak for itself and then celebrate those small wins with your team.
Write in your journal or in your notes app and write down what word represents your personal reality. What word represents the person that you want to become? And then write down on a sheet of paper. Have a happy Sunday. And stay tuned for wealth wisdom Wednesdays.
Hello. Hello, Cadre, Welcome. Welcome to another Sunday spark session. Today is, I believe, June 7th. June 7th or June 8th. Yeah, June 8th. Yeah, I got it. And today we're going to be talking about building resilience, how to bounce back from setbacks. Now, although setbacks can be challenging, they can be, you know, challenging, heartbreaking. Dan, you know, hurt our ego. Catherine Vittori, welcome to the live. Thanks for tuning into this Sunday spark session. And we all go through them. We all go through setbacks, and they can either make us or break us.
And they. Nikki, welcome. Welcome to live. Thanks for tuning in. I definitely learned and had my fair share of setbacks. Hey, Nikki, how you doing? Thanks for tuning in, like, for my current role. Actually, I had a demotion like a year ago. Just wasn't working out. I was doing a heavy. Absolutely, Nikki. A pleasure to be here. I was doing a role that was really heavy, business focused, sales focused. And it wasn't a fit for me, unfortunately. It wasn't a fit for my personality, wasn't a fit for.
For just who I am as a person. And it's okay. Sometimes we fail. Sometimes things don't work out. Sometimes role is not a fit for us. A job's not a fit for us. A business is not a fit for us. But that doesn't mean that a whole industry is not a fit for us or our particular business is not. Our being a business owner is not a fit for us. It just means that particular job or that particular role or that particular business was not fit for us. So it's okay when things don't work out. It's okay to pivot or to bounce back to something else.
Yeah. Happy Sunday, junk food junkie. Welcome. Yeah, happy Sunday. Thanks for tuning into the live. So I want to talk about that. Because a lot of us, you know, we feel we have to grind ourselves into the ground. We have to work a thousand hours a week to feel productive. We have to. Yeah. And then we feel like a failure if we don't, you know, do those things that society tells us to do. Right. Get a good job, go to college, go to university, get married by 30 or have kids by 25. And I'm someone to tell you I don't follow any of that personally.
And you shouldn't have to feel like you have to follow any of that. Those societal norms, rules, what's expected, like, because what's. What's expected of us or what society expects of people. That's not. It's not realistic, you know, because things, people change People evolve. People develop different skills, different passions later in life. Right. Who we are in our 20s, in our 30s, in our 40s, we're like, we're evolving and there's an evolution of self, there's an evolution of our personality.
And, and another thing on the books that I've been reading by author Dr. Joe Dispenza, he talks a lot about that. How our personal, our personal personality is only it's not fixed is our current personal reality. Which makes a lot of sense because we are, we're constantly evolving and trying to figure out ourselves. We're all trying to figure it out. And just because you have a setback doesn't mean it's, doesn't mean it's end game, doesn't mean, oh my God, this didn't work out. I was preparing and everything in my life for this direction or this path.
And I also thought I was going to be going on a different path as well with banking. And then I got into the industry, I got deep into the industry and I learned really quickly that what they, you know, went against my morals and ethics and scruples and. Yeah. In the restaurant, talking about a Roth ira, can you explain what a Roth IRA is? I've heard the terminology, but that's more us. Sounds like it's like a. Let me, let me look it up. Like I love how honest you are about setbacks. Yeah, yeah.
You know, they happen. We're all, we're all. I love Tim Ferriss's quote. Well, I'll come back to you there, junk food junkie about that. I'd have to look it up myself. But you know, for, for I. All I know from American Financial System is the 401k is similar to the RRSP registered retirement savings plan. So it's retirement savings. Right. Sounds like the Roth ira. It says it's an investment registered account. So it sounds like it's also a registered product. I could be mistaken, but. And then not.
Oh, not when you take the money. You pay taxes now and then not when you take it. Okay. Yeah. So a Roth IRA IRA Nikki understands is a, it's like a tax free savings account in Canada. So tax free savings account in Canada, you've already, you've already paid tax on it. That's why you're not going to pay tax on it again when, when you take out the money again because you'd be double taxed. So that makes sense. Yeah. See they just change the names of things just because the names are different of the financial products.
Same principles apply. Yeah, yeah. See, Canada's. Canada is very similar. And then they index. Correct me if I'm wrong, Nikki, but the US do they index those Roth IRAs every other year, like to inflation? Because in Canada they do that. They index the tax free savings accounts every year or two or whatever, depending on how the economy is going. And it's like usually by 500 increments of 500. Yeah, there you go. Yeah, yeah. So very similar products, you know, they both go hand in hand too. But yeah, going back to setbacks, like.
So Tim Ferriss said a quote and he was like, how'd it go? He was like, oh yeah, we all. Oh yeah. All of us are facing a battle that no one knows anything about. All of us are facing a battle that no one knows anything about. So when we're interacting with people, when we're making connections, when we're building friendships, when we're building relationships, a lot of the time we're not getting the full clear picture of what people are going through and why they react the way that they react, why they speak the way they speak.
Because there's a lot going on behind the scenes that we don't understand. So that's what I try and think about too. I really try to give people the benefit of the doubt. Even if I get burned, I've been burned. I've been disappointed, I've been let down and as we all have. But it's better, in my opinion, to give people the opportunity to rise. Give the people the opportunity to be like, show me. Okay, you're saying all this. Show me, show me what you're made of. Show me what you can do. I want to give you a shot.
And just by giving someone the opportunity and giving them a shot, it is like, it can totally change their life. It can totally change their whole trajectory and helping them unleash their fullest potential. And for me, like, for someone to be like, all right, I'll give you a shot. Let's see what you can do, right? It's like, bing. It's like, it's music to your ears, right? Everyone needs a shot to be their best self, to show up as their best self. Because, yes, we have moments when we, you know, it was.
We had a day and we couldn't show up as our best self. No one is a hundred percent all the time, 100 productive all the time, 100 profitable, all the time. Doesn't work like that. There's peaks and valleys and troughs and. And it's life's trials and tribulations and we're all navigating different aspects of that in different ways and how people are. How people are navigating that. So we might cave. So we. We might see from afar that someone's got. Okay, they got an amazing family, they're happily married, they've got kids, they.
They. They got a lot of money saved or invested, and in the bank, they had a beautiful home, right? But what we don't know on the inside of the home, there could be financial hardship, there could be bankruptcy, there could be parents are getting divorced, there could be investments tanked because the market, because they. Or they made some wrong investments or some wrong business decisions, and then they had to shut down their business. Like, you know, it might look on the outs, on the outside to everyone else that everything's hunky dory and everything's flowing and.
But I also heard, like, another statement when people are like, yeah, about the silent battle thing that no one knows anything about, but also about when you see people like that look like they have it all together, they have a lot of help, too. It takes a team of people. That's something that I didn't, you know, because I'm still young, too, and still learning, and that's something still that. That I. That I think people, you know, we all judge first sometimes. And sometimes when someone says, well, you know, it takes it.
You know, it takes, like. I love it when people say. When people are like, judge, or they're like, oh, like, how do you. You look how you got it all together and everything. And I love it when these people, when they're interviewed on podcasts or on tv, and they're like, you know what? It takes a team. It's like me and my wife and our. And our kids and their parents, or like, our grandparents, our parents. Like, it's everyone. It's my employees. It's like, I love. I love hearing those stories of when people are like.
It's like an entire team of people daily that are helping me get to this level, because that's. That's probably the truth. So don't beat yourself up if you have setbacks. They're. They're part of the. Part of the journey. Yeah, exactly, Nikki. Like, it takes a team to get to the top. It takes a team to win the Stanley cup, right? Like, Edmonton Oilers are playing Florida right now, and Florida won last year, and Edmonton has a h*** of a squad, and they have a really, really good chance at winning the cup as long as they're all working as a team.
Yeah. And all of the team. And when you're, when you're playing as a team, things are gelling because sometimes your top players, if only your top players are the ones that score, they're eventually going to get burnt out because they can only handle that low, that workload for so long. And then, you know, if there's only two people that are doing the goals, then eventually they're going to burn out or they're going to get injured. So that's just like a sports analogy. Right? But the same thing goes for teams and business and at work.
When you're flown as a team, when gelling things click and then you, when you're making the right passes, when you're setting up your teammates, you eventually win. Like the Indiana Pacers are playing OKC right now. Oklahoma City and Indiana won by one point, one point last game. I didn't watch that game. I'm watching game two right now after this. And I was watching it earlier but, and I looked at the stats. The whole team on Indiana had over 10 points. Only 10 to 15 points a piece. Tyrese Haliburton, that got the game winning shot, he had the game winning shot and he only had 14 points and 10 rebounds.
He didn't have 20 points. He didn't have 30 points. And then Shay Gilligas Alexander on Oklahoma city, he had 38 points. And the rest of his team, I think there was only a couple other players that were like at or above 10 points. Maybe there's one other player. Yeah, Chet, Chet Holmgren, that guy is a, they're super tall center and he, I think he had a lot of points too, but. All right, sorry. He struggled last. Yeah, last game he had like six points. But I had a boss had always said about back your words with your actions by letting your work ethics speak for yourself, which will be more powerful than your spoken word.
Super, super important. Yeah, I love that. I love that. Junk food junkie. Yeah. Let your work speak for itself and then celebrate those small wins with your team. I always say that to my team all the time. Although I'm not a manager or anything like that. I like to, I like to work like I'm a silent leader. Like I like to, I like to, I like my team to lean, lean on me. Like, like so I can help them and help them win. I feel like that in the office. Like, and you know, I'm in insurance and then, and then, yeah, it's, it's a great feeling to feel like you're like, you show your team like, what you can do in, like, just through your action, and then celebrate the small wins together and always.
And I love asking everyone on the team, how can we help each other win? And then this is where I'm struggling. How can you. How can you help me in this area so we can all win? Like, I want to win in this area because I'm struggling in this area, but how can you help me in this area so we can all win? And I love that. It's a great. It's a great feeling, and it's empowering. Right? My whole. So I had a guy on my podcast, Rocky Roma. Rocky Romanano Romano. I can't remember his exact last name, but his name was Rocky.
And he worked for UPS for, like, 38 years. And then all of a sudden, he got into, like, business consulting, talking about leadership, because he worked his way all the way up ups and he talked about. He talked about for your personal brand to work towards a word that represents your aura and your personal brand, your personality. And I can't even remember what I said for mine at the time, but mine's been evolving over the years, and I can put it into one word now. Empowerment. I'm here to empower people globally to help optimize their mind, body, and soul.
I help flex. I help you flex your mind, body and soul through brain and body and soul optimization techniques. Amar, welcome to the live. I've only got one more minute because I know I got someone, Another person that's on after me, so. To get their content in. Yeah. Yeah. Good evening. Yeah. Um, so I want to. I want to leave you guys all with that. I want to leave you with this one key takeaway. Write in your journal or in your notes app, on your iPhone or your Android or on a sheet of paper and write down what word represents your personal.
Your personal reality, or what do you want your future personal reality to be? Like. Like, what word do you want to represent your personality? It may say back to you, I am struggling at this. Yeah, yeah, absolutely. Yep. It's all about getting the goal done in the best way possible and leveraging your team because everyone's got special. Special skill set that they're good at, and. And it really is really helpful, and it helps everyone win, and it helps the team win. And at the end of the day. And that's what.
That's what your boss wants. That's what the. The CEO wants. He wants. He or she wants the. The team to be cohesive and win at the end of the day. But, yeah, I'm leaving you guys. What is your power word or word that you'll. You'll use to describe yourself? Either present tense or future tense? Who do you want to become? What word represents the person that you want to become? And. And then write down on a sheet of paper. So, like, what word represents who I want to become? And then what word represents me now?
And which word do I want to maybe evolve to? And for myself, it's public service and leader. Compassion and public service leader. I love that. That's awesome. Anmar. That's a really good, really good one. Curious. Yeah, I like it. I like it for myself. It's empower. It's empowerment. Like one word now. Curious. I like it. Cool. Yeah. But, yeah, that's all the time I got for today. Have a happy Sunday. It's what I want to leave you guys with. And stay tuned for wealth wisdom Wednesdays. Ciao. I love it.
Remember, as a go getter at work, now retired and enjoying life. Love it.
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