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Media Room
Tough times? A good time to shine!
Paul Martin–Ironman Triathlete, Paralympic medallist and keynote speaker – offers some thoughts on how to approach the current economic crisis.
Everyone’s portfolio, even Warren Buffet’s, has taken a big hit recently. These days call for the right attitude to keep our current economic landscape in perspective.
Keeping It in Perspective
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Having since completed 10 Ironman triathlons (that’s a 2.4 mile swim, 112 mile bike ride, followed by a 26.2 mile marathon run) and crossing the line ahead of 95% of the able-bodied competitors at one of them, I know that adversity is often what makes us better people who are more prepared for the next challenge.
The physical pain that accompanies an endurance event is magnified when doing so with a prosthetic leg. The skin I’ve lost to abrasions on “Stumpie” could cover each page of this article with plenty to spare. Yet that pain is gone when I cross the finish line, pull off my leg and proudly pump it overhead to a cheering crowd as they acknowledge my feat (pun intended). I enjoy the struggle simply because I know I’m better off for having experienced it.
A Better View
I think we’ll all agree that the latter is nothing to be proud of and the second one is often a good choice. However, when we clear an obstacle by climbing over it, we find ourselves on top with an advantageous view of where we once stood. We also enjoy a clearer vision of the things in front of us. It’s this gift of experience that ultimately leads to better decisions, less fear, and greater confidence in the days ahead.
Bad News, Good News
Make it your business to find the good in any situation, be it personal or business. While this attitude will not lead to a “win” in every instance, it will provide an overall advantage.
The Tampa Bay Rays recently defeated my beloved Red Sox in seven games to advance to the 2008 World Series (where, ultimately, they would lose to Philadelphia). The Rays were on the brink of doing so in Game 5 when they botched a 7-0 lead in the 7th inning to lose 8-7. The next day, Rays Manager Joe Maddon was quoted in the Boston Globe: "The more you dwell on something in a negative sense, the more it can permeate your whole existence, so we're not going to do that."
I tip my hat to Mr. Maddon for putting that game behind him and focussing the team on what they’ve proven they can do better than anyone else in the American League: win the next ball game. Your Organization Needs You…
And I should mention that Warren Buffet sees this as a good time to buy.
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Paul Martin is a keynote speaker-for-hire with guns aimed at adversity.
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