In this episode of the The Jerry & Jacobe Podcast, hosts Jerry Weaver and Jacobe Kendrick talk about how small failures can still lead to big wins. They discuss the importance of defining your goals so that you know which battles to focus on and what matters most to you, while relating it back to their experiences as fathers, entrepreneurs, and athletes.
Episode Highlights:
- Think about whether the little battle matters in the grand scheme of things.
- We are conditioned to believe we’re always supposed to win.
- The battle may not matter if it doesn’t impact you winning the war, but that requires you to know what war you’re fighting.
- Jerry’s son has diabetes, and his family had a goal of establishing a good relationship with the office staff at his son’s school because they would be dealing with them so much. That took priority over “losing” small battles where the staff was rude.
- For Jacobe, he sees this dynamic play out in jiu jitsu.
- Jacobe has found that he learns more from a loss than a win.
- This translates to intentionality with your time, whether that’s in spending time with your kids, or your work, or something else.
- Jerry notices a difference in his relationships with his oldest son and his youngest based on how focused he was on work during their formative years.
- As a parent, you want to fix everything for your kid, but the skills you should actually be cultivating in them is the ability to handle problems themselves and to tolerate failure.
- Success is a volume game; if you make 10 phone calls to get a new listing, you will probably fail, but if you make 1,000 calls, you will probably succeed.
- In marketing, a 2% response rate to a mailing is a huge success.
- You have to define what success is for you so that you have something to gauge against your actions.
- If your coach says something that hurts you or bothers you, focus on knowing that your coach wants what’s best for you, instead of allowing a small argument to derail you.
- There’s a difference between principles and values.
- Do you want to be a passive investor or an active investor?
- An active investor goes out, finds deals, and flips homes.
- A passive investor is more of a money partner for investors.
- Consider your risk tolerance level.
3 Key Points:
- Sometimes the small loss or failure has no impact on the outcome of your goal.
- A loss often teaches you more than a win.
- Define what success means to you.
Resources Mentioned:
- Jacobe Kendrick (Facebook, LinkedIn, Instagram)
- Jerry Weaver (Facebook, LinkedIn, Instagram)
- The Jerry and Jacobe Podcast (Facebook page)
- 33 Strategies of War (book)
- Your Next Five Moves by Patrick Bet-David (video, book)