How To Overcome Any Set Back w/The Come Back Coach To The Stars Tim Storey

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Living The Red Life 25 min 2 speakers 8 chapters transcribed
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What is Tim Storey's backstory and how did he achieve success?

Tim Storey 0:00
This idea of what I call life interruptions. So you could be moving with momentum, and then an interruption comes. An interruption is a disturbance. It's like a knock on the door at 3 in the morning that you don't expect. So when I look at one of my setbacks in business, it is my right-hand guy of 14 years who stole so much money from me. And this was a guy that I was great to as kids, amazing to his wife, and I was in shock. of how we stole the money, how calculated it was. Yeah, yeah. But you have to find your way through it. The challenges that you face and I face, for both of us, we chose to learn from those setbacks and not sit in a setback, not settle, but decided to find ways to rise back up.

How can you prosper where you're planted?

Rudy Mawer 0:48
People are listening. What are some practical ways then if they're listening to like, how do they get into that muscle building habit of moving through these?

What is the difference between a victim mindset and a growth mindset?

Tim Storey 0:56
Okay, so there are steps to the comeback. Number one.

Why do some people succeed while others fail?

Rudy Mawer 1:00
My name's Rudy Moore, host of Living the Red Life podcast, and I'm here to change the way you see your life in your earpiece every single week. If you're ready to start living the red life, ditch the blue pill, take the red pill, join me in Wonderland, and change your life. What's up, guys? Welcome back to another episode of Living the Red Life.

What skills and attitudes are essential for success?

Rudy Mawer 1:18
I'm sure you know who this man is if you're watching on video. If you're not, his name's Tim Story, very, very famous entrepreneur, king of motivation. He had been there, done that. I'm sure you know, Tim, he's, you know, well known for working with celebrities, all types of powerful individuals. We're going to dive in today for how to come back from, you know, failure, from setbacks, from hard times in your life. And he's the king of that. So, Tim, welcome to the show.

How do you build resilience in business?

Tim Storey 1:46
Good to see you. And how much do I love your offices in this space? Like, wow.
Rudy Mawer 1:51
Yeah, it's a lot to take in, right? Well, I'm glad we got you in here. I know we've been trying to get this done for a long time because you're one of the few people, like when we were just talking offline, when it comes to motivation and mindset and resilience and all of those amazing things that we need as entrepreneurs, people think of you and your name comes up every single time. Yes.

What practical steps can you take to make a comeback?

Rudy Mawer 2:14
And if people don't know who you are for some crazy, strange reason, do you mind just explaining a bit of your backstory?
Tim Storey 2:19
Yeah. So originally born in Compton, California, same as Dr. Dre, the Williams sisters. And mother worked at a donut shop. Our father worked at Bethlehem Steel. We were lower income. But I remember my mother said this. She said, we're lower income, but not lower class. I like that. So everything was like discipline. Like we were super disciplined. We had to do well in school and we did. I love sports like you love sport. And so very, very disciplined individual.

What are the key principles for entrepreneurs?

Rudy Mawer 2:51
Yeah. And I think already one nugget there, I'm a massive believer is your perceptions, your reality. Yeah. And everyone in life gets a choice. Right. And you can either choose, OK, yeah, maybe I'm lower income and you can take the path of crime and drugs and all these bad things. Right. Or you can hold yourself to a standard. So it's great that you were given that standard as a child. And that's why you probably one of the reasons you became a man you are now.
Tim Storey 3:15
I like how you say that because it's really prospering where you're planted. So wherever you're planted in life, like we were talking about the part of England you were from, wherever you are planted, you have to learn to prosper. And that's what we did as a family. And then we all turned out well.
Rudy Mawer 3:33
Well, and that's the mindset, because I mean, there's such a, you know, I'm interested in your opinion, but I think there's such a victim mindset in today's society where they'll use that to make an excuse for all the things that's going wrong in their life and why they're not taking action on their goals and dreams. But time and time again, we're reminded of these rags to riches stories of people getting out of it, right? Some of the world's top basketball players, celebrities, actors, millionaires and billionaires and people we're all friends with. A lot of us started broke, right? Not in the best place.

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