How to Build Personal and Business Resilience

Sep 20, 2022 | Blog, Mortgage

EPM Blog | How to Build Personal and Business Resilience

Are you resilient? Working in a volatile industry can be challenging.

Working in a volatile industry is challenging. The economy is unpredictable, customers are fickle, and new technologies make your job obsolete overnight. To thrive in such an environment, you need to be resilient in your personal and professional life.

Resilience is the ability to bounce back after a setback. It’s the ability to keep going when things are tough. Yet, how you build resilience is another matter.

You can do many things to build resilience in your personal and professional life. Here are a few suggestions.

Re-Imagine Adversity

It’s easy to feel like a victim when faced with adversity. Things go wrong. You experience a setback, and the situation can quickly get out of hand. Instead, embrace the challenges you face and view them as opportunities to learn and grow stronger.

Connect With Others

We often feel overwhelmed and isolated when adversity strikes. One way to combat this is by connecting with others, such as family, friends, or co-workers. Discuss your challenges and get support from others to propel you through the tough times.

Live Intentionally

Find opportunities in the challenges you face, whether in your personal or business life. Live intentionally by finding meaning in each day. Also, develop a growth mindset to help you adapt and overcome setbacks.

Learn From Experience

Adversity provides many opportunities for valuable lessons. Reflect on the experiences and what you can learn from them as you face challenges. Lessons learned from difficult situations help you build resilience for any future challenges you might encounter.

Take Short Breaks to Regain Your Focus

We all need an occasional break — even more so when faced with challenging situations. Taking time for yourself helps you recharge and refocus. You’ll come back stronger and better able to meet the trials ahead.

Re-imagine the Customer Experience

Adversity affects more than you and your employees. If you’re experiencing trials in business, now might be the right time to consider the customer experience. After all, customer needs and wants can change during difficult times.

Understand how your customers have been affected by adversity, then adapt your offerings to meet their needs better. You’ll build loyalty and create a more substantial customer base to weather future storms.

Embrace Compassion

Tough times can be difficult for everyone. Show compassion to others, whether it’s employees, customers, or suppliers. Empathy builds relationships and creates a sense of community. When everyone pulls together, it’s easier to get through challenges more effectively and efficiently.

Strengthen Your Workplace Culture

A strong workplace culture helps everyone weather the storms, big and small. Strengthen the company’s core values, goals, and mission and ensure employees understand their purpose. Encourage transparency and communication to maintain trust between management and employees.

The Final Word

Building resilience takes time and effort, but it’s worth it. By taking steps to build strength in your personal and professional life, you’ll better equip yourself and your employees to handle whatever challenges come your way.

Embrace adversity, view it as an opportunity, and come out stronger on the other side.

For additional tips, topics, and articles, visit the EPM blog here.