Training Session2013-12-03

How To Succeed In Business By Getting Outside Your Comfort Zone

Eben Pagan teaches that breakthrough success only happens when you operate outside your comfort zone, using the example of how recognizing and capitalizing on lucky breaks separates successful entrepreneurs from unsuccessful ones. He emphasizes the importance of staying focused on what's working rather than abandoning wins to chase new opportunities.

abandoning wins too early

Teachings 5

  • Great achievements only happen when you operate outside your comfort zone - this is where extraordinary results are created

    Eben states this isn't rhetoric but observed truth: 'Think about the greatest things that you have made happen in your life...Typically, you were on your edge. You were a little outside of your comfort zone.'

  • Successful entrepreneurs recognize when they're getting lucky and capitalize fully on those opportunities instead of moving to the next thing

    Bo Peabody, successful internet entrepreneur who started Tripod, said 'I was smart enough to know that I was getting lucky.' Eben applied this principle when his business took off, saying 'This deserves all of my focus.'

  • Everyone gets approximately the same amount of luck in life - the difference is in recognizing and mining those opportunities

    Eben explains 'I think that we all get about the same amount of luck in life. We all get those lucky breaks that show up. And the difference between those that are dramatically successful and those that are dramatically unsuccessful is that those that are dramatically successful say, There's one of those opportunities and I need to take it and mine it and ride it.'

  • When you have a business win, develop it deep and mine it fully before moving to something else just because you're bored

    Eben warns against abandoning wins: 'when you have a win, I want to make sure that you don't abandon it and get on to something else. I want to make sure that you take that win and you develop it. You take it deep. You mine it. You do whatever you can to get everything you can out of it before you go on to the next thing just because you happen to be bored with it.'

  • Success after recognizing luck comes from doing the right things in the right order and putting one foot in front of the other

    Eben describes his approach after recognizing his lucky break: 'most of what you're going to see after that is just doing the right things in the right order. Putting one foot in front of the other and taking advantage of it.'

Perspectives 1

  • Business success isn't about everything you try turning to gold - most attempts don't work, but you capitalize on the one that does

    Eben shares his reality: 'it wasn't like every business that I ever did was successful and everything I tried turned into gold. I've tried many different things. Some of them worked a little bit. Most of them didn't work very much at all. This was the one that worked.'

Quotable Moments 4

  • I was smart enough to know that I was getting lucky.

    Bo Peabody
  • great things typically only happen in your life things that you make happen when you're in some way or another outside of your comfort zone

    Eben Pagan
  • the difference between those that are dramatically successful and those that are dramatically unsuccessful is that those that are dramatically successful say, There's one of those opportunities and I need to take it and mine it and ride it.

    Eben Pagan
  • when you have a win, I want to make sure that you don't abandon it and get on to something else

    Eben Pagan

Questions Answered

How do you know when to focus on a business opportunity vs moving to something new

when you have a win, I want to make sure that you don't abandon it and get on to something else. I want to make sure that you take that win and you develop it. You take it deep. You mine it.

Eben Pagan3:39

Focus deeply on opportunities that are working and mine them fully before moving on. Most people abandon wins too early because they get bored, but successful entrepreneurs recognize when they're getting lucky and capitalize completely on those breaks.

Why do most entrepreneurs fail while others succeed dramatically

the difference between those that are dramatically successful and those that are dramatically unsuccessful is that those that are dramatically successful say, There's one of those opportunities and I need to take it and mine it and ride it.

Eben Pagan2:36

Everyone gets the same amount of lucky breaks, but dramatically successful entrepreneurs recognize those opportunities and take action to mine and ride them, while unsuccessful ones let the opportunities pass by.

What's the secret to achieving extraordinary results in business

Think about the greatest things that you have made happen in your life. Think about the things where you have made something spectacular or extraordinary happen. Typically, you were on your edge.

Eben Pagan

Extraordinary results only happen when you operate outside your comfort zone. The greatest achievements occur when you're on your edge, in territory where you don't quite know what to do but you're making it happen anyway.

How do successful entrepreneurs handle business failures and attempts that don't work

it wasn't like every business that I ever did was successful and everything I tried turned into gold. I've tried many different things. Some of them worked a little bit. Most of them didn't work very much at all. This was the one that worked.

Eben Pagan2:16

Successful entrepreneurs understand that most attempts don't work - the key is recognizing when something does work and focusing all energy on that opportunity rather than expecting everything to turn to gold.

What does it mean to be smart enough to know you're getting lucky in business

I was smart enough to know that I was getting lucky

Eben Pagan2:06

Being smart enough to know you're getting lucky means recognizing when an opportunity is working and deserves your full focus, then mining it completely rather than moving on to something new out of boredom.

Summary

The Comfort Zone Principle for Extraordinary Achievement

Eben establishes that breakthrough success only occurs when operating outside your comfort zone, not in comfortable, idealized training environments. He emphasizes this isn't motivational rhetoric but observable truth about how great achievements happen when you're on your edge in unfamiliar territory.

The Smart Luck Recognition Framework

Using Bo Peabody's wisdom about being smart enough to know when you're getting lucky, Eben explains that everyone receives similar opportunities but successful entrepreneurs recognize and capitalize on them. He shares how this principle guided his own business success when he chose to focus completely on what was working.

Mining Wins vs Chasing New Opportunities

Eben warns against the common entrepreneurial mistake of abandoning successful ventures to chase new opportunities out of boredom. He emphasizes developing wins deeply and extracting maximum value before moving on, explaining that most business attempts fail but success comes from recognizing and capitalizing on the ones that work.

How To Succeed In Business By Getting Outside Your Comfort Zone
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Counterpoint

Claim:Business success means everything you try should work and turn to gold

Reframe: Most business attempts don't work - success comes from recognizing and fully capitalizing on the one that does work

Eben reveals 'it wasn't like every business that I ever did was successful and everything I tried turned into gold. I've tried many different things. Some of them worked a little bit. Most of them didn't work very much at all. This was the one that worked.'

Claim:Training programs and business events should be comfortable, warm, and sweet experiences

Reframe: True business success requires getting pushed outside your comfort zone to that edge where growth happens

Eben states 'I think that most of the time when we go to participate in programs like this...we go with an idealized view. This is going to be this wonderful fun sweet nice...warm feeling. But I think it's important for you if you want to be successful to get a little bit outside of your comfort zone.'

Key Points 6

Great achievements only happen when you operate outside your comfort zone - this is where extraordinary results are created

Successful entrepreneurs recognize when they're getting lucky and capitalize fully on those opportunities instead of moving to the next thing

2:06

Everyone gets approximately the same amount of luck in life - the difference is in recognizing and mining those opportunities

2:36

When you have a business win, develop it deep and mine it fully before moving to something else just because you're bored

3:39

Success after recognizing luck comes from doing the right things in the right order and putting one foot in front of the other

4:11

Business success isn't about everything you try turning to gold - most attempts don't work, but you capitalize on the one that does

2:16

Topics

Common Mistakes

abandoning wins too early