Crisis as an opportunity – failures often lead to greater progress than our successes

A crisis always comes unexpectedly and suddenly into our lives. It is precisely her sudden and unpredictable nature that causes a strong fear in most people. Our brain has evolved over the course of evolution in such a way that it prefers to retain familiar and acquaintances in order to save energy. It is assumed that things usually do not change, so that the brain does notconstantly expended energy for new situations. This linear thinking helps us to make everyday life stable and regulated by allowing us to stay in the usual paths. Only through this automatic way of thinking is it possible to maintain a stable and healthy everyday life that gives us security.

Crises as sudden events and our insufficient preparation

A crisis is always a sudden, seemingly unique event that fundamentally shakes our usual processes. Inside, we are hardly prepared for such rapid changes, which means that our judgments falter. It feels like the ground is disappearing under our feet. In such moments, our usual thinking andStrategies for action falter, and it’s hard for us to keep a cool head. Our brains usually react to these situations with fear and uncertainty because the familiar structures suddenly disappear.

Changes are opportunities – the principles of dealing with crises

At this point we should always be aware: Everything in life is changing and in flux. Changes always offer opportunities – opportunities for growth, development and new ways. These two principles, change and opportunity, also apply in the financial world. Many investors get into trouble because they have heard of the anti-cyclical behavior, but only after thisimplement and not act proactively. It is important to think ahead and to recognize changes early in order to benefit from it.

Challenges for banks and the importance of advice

Banks are also facing similar challenges, because even large financial institutions are ultimately the result of numerous decisions by their advisors. When a change becomes visible to many, it is often too late to get benefits from it in time. Therefore, it is advisable to occasionally consult a bank advisor and listen to his recommendations. Even if youAfter the consultation decides to consciously avoid these suggestions, it is important to seek dialogue. Because what the bank does, many others do as well. If everyone acts the same way, the greatest risk arises for everyone involved, especially in times of crisis.

Resilience – the ability to survive crises

A crucial factor that helps us to keep calm in uncertain times is our resilience. Resilience describes the ability to survive even serious crises mentally unscathed. Resilient people have a special strength – almost like a superpower: You can turn a crisis into a solvable problem by actively looking for solutions. Even a suboptimal oneSolution is better than standstill or panic because it protects capital and defuses the situation. This ability makes it possible to remain able to act and maintain control in times of crisis.

Solution-oriented action in crises

Anyone who practices actively looking for solutions will no longer recognize an insurmountable monster in every crisis, but rather a problem that can be broken down into individual tasks and mastered. The nice thing about it is that solutions can be flexibly adapted when the situation changes. Acting actively instead of waiting passively ensures that we master crises better. If weFor example, faced with a pandemic, the development of the disease is beyond our control. However, we can change how we deal with it by creating new routines that make everyday life more pleasant in the home office. If professional difficulties arise from the pandemic, a reorientation can be helpful. Fears can be caused by information or thatReduce masks in important places. This is how an overwhelming crisis becomes a manageable problem, and our inner stress is decreasing.

Focus on influenceable areas of life – resilience in everyday life

Resilience means, above all, to focus on those areas of life that we can influence. It is necessary to give yourself room for maneuver again. This creates the feeling of regaining control of one’s own situation, which reduces anxiety and facilitates rational decisions. We must be aware that we do not control all circumstancescan, but our reactions to them. This strengthens our self-confidence and helps to remain stable even in uncertain times.

Acceptance of uncertainty and clever action

Crises are part of life. Even if we prepare as best we can, there is no guarantee that our everyday life will still work tomorrow as it does today. Accepting this fact is the basis for clever action in difficult moments. Even in stressful or crisis situations, we can discover positive aspects or rely on a good outcome. This activates ourReward system in the body and prevents exhaustion. It is about not denying the crisis, but of strengthening the belief in one’s own effectiveness: the ability to solve problems with inner strength.

Take responsibility in challenging times

Financial professionals who see crises as opportunities do not see themselves as victims of external circumstances, but take responsibility for their actions in difficult times. You tell yourself: the situation doesn’t happen to me – I adapt to the situation. Even if a crisis comes from outside and seems to cover everything, the highest discipline is to actively tackle it and look for solutions. himselfIf we didn’t cause the crisis, it’s up to us how we deal with it. This independent action makes us stronger because we are actively exerting and turning the crisis into a solvable problem.

Overcoming fear of crises – understanding the brain

Nobody needs to be afraid of crises. The fear of a crisis is basically the brain that refuses to deal with an unusual situation. Our heads react here as in the Stone Age: He only knows two reactions – escape or fight. However, both behaviors do not help and often lead to freezing. That’s why it’s important to our brainhelp to find back to problem solving. Fear is basically a thinking problem: if we take a new perspective and leave our usual thought patterns, we give this feeling space for processing. This calms us down and our thinking becomes clearer, so that we can make good decisions without fear and without prejudice.

Pleasant feelings and courageous action in change situations

As humans, we tend to avoid unpleasant feelings and equate the unfamiliar with stress. We often forget that the compulsive avoidance of necessary changes causes more suffering in the long term than the courageous step in the right direction. It is important to keep reminding us: Only through resilient, courageous handling of changes can wemaster situations. We are looking for solutions that make us emerge stronger from crises. Another important point is to build up a supporting network as investors – friends who give strength and help us to remain capable of acting even in times of crisis.

Internal resilience in personal and global crises

In order to act successfully in phases of personal or global crises, we need a strong inner resilience. Crises create fear; Those who don’t meet this fear miss out on opportunities, profits and important turning points in the event of major upheavals. Only those who are willing to let go of old habits can really rethink and be successful. For this, a clear approach to one’s own fearnecessary before risks and uncertainties. Fears often block access to our knowledge and wealth of experience – but understanding them correctly helps us to learn from crises and to emerge from it stronger.

Recognizing and overcoming fear to act correctly

Especially in times of crisis, we have to recognize and actively overcome our fears in order to be able to react appropriately. The compulsive avoidance of unpleasant feelings and changes will harm more than the courageous approach to the challenges in the long run. Our brains tend to automatically break off in unusual situations; Overwhelm leads, so to speak, to the emergency shutdown of thinking, becauseDoing nothing seems to seem safer. But without the confrontation with risks and dangers, there is no change or improvement. In order to be able to correctly assess economic risks, it is essential to think rationally and develop a healthy risk awareness.

Experiences of successful investors in crises

In the following chapters, we present some of our colleagues who have been active in the financial market for years and have already successfully mastered various financial crises. The challenges were very different – some were hit harder than others – but all recognized crises as opportunities and used them to their advantage. Today you are on your personal assetsignificantly higher than before the crisis. This shows: Those who recognize opportunities can overcome crises. Setbacks or stock market crashes are never pleasant, but they are necessary market adjustments that enable early action. It does not require complicated science, but above all commitment, discipline and the joy of leading your own finances to success on your own responsibility.