How Will You Let Problems Shape Your Business And Your Life? - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Top Stories
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Top Stories
Top Stories RSS Get our newsletter
Order Prints
April 17, 2020 Top Stories
Share
Share
Post
Email

How Will You Let Problems Shape Your Business And Your Life?

By Lloyd Lofton

So many things are changing - in the economy, in society, with family structures and in redefining the things many of us grew with. Do you find yourself constantly having to reevaluate what you thought you knew?

Success is a result; it is not a road or path.

The path is those things that take us on the road that will lead to success.

The road is the proven activities that result in the success we are looking for.

So what do you do when those circumstances come up, those challenges that seem to stand in the path of the road you know will take you to your idea of success?

We can recognize some common points about problems.

Five Points About Problems

  1. Everyone has problems.
  2. Problems have short life spans.
  3. Within every problem is the seed of an equal or greater benefit.
  4. Problems change you.
  5. You can choose how problems change you.

 

  1. Everyone has problems

 No matter who you look up to or aspire to be, they have problems. Just look around and you see a litany of people who have had problems.

Catherine Zeta Jones was a fan favorite in the movie “The Mask of Zorro,” yet she has battled bipolar disorder for years.

John Nash has been hailed as an economic and math genius, winning the Nobel Prize for economic sciences in 1994, all the while living with paranoid schizophrenia for years. Nash said he had made adjustments to live with schizophrenia, which allowed him to continue his life work. His success in making these adjustments was chronicled in the film “A Beautiful Mind.”

How many are fans of the “Star Wars” films and the star who played Princess Leia, Carrie Fisher? Off-screen, she struggled with substance abuse and bipolar disorder.

How about a Heisman Trophy-winning running back and former NFL player who has gone public about his troubles with dissociative identity disorder, Herschel Walker?

Last, but not least, we all know Michael Phelps, the Olympic gold medalist swimmer who rose to stardom at a young age who struggles with attention deficit hyperactivity disorder, diagnosed when he was nine years old.

What is common among all of us is that we all have problems; that’s part of life.

  1. Problems have short life spans.

When you look back on your life, no matter your age, is there a time when you remember dealing with a problem, that you couldn’t see the other side of the problem at that time? Perhaps you felt overwhelmed or lacking the skills to process a solution to the problem.

Today you look back on your problem and see it quite differently, don’t you? You now see the root causes of the problem, and you understand how you got through the problem.

Life is kind of like that; we work through our problems even when, at the time, the problem seems to be our whole life.

It's only after we get to the other side of the problem that we begin to understand that the problem was an “event” in our life, not our whole life.

Problems have solutions and consequently, in the scope of our entire lives, those problems have short life spans.

  1. Within every problem is the seed of an equal or greater benefit

When we’re in the middle of a problem, we don’t realize the lessons or value we can take out of that problem.

No leader in our recent past seems to exemplify this more than Nelson Mandela.

Besides the tremendous obstacles he faced in South Africa, he became a lawyer, he fought injustice as he saw it, was jailed for close to 30 years and ended up being the president of the very country that jailed him.

When we look at the betrayal, the loneliness, the despair Mandela must have experienced over those many years of being jailed for his beliefs, what can we take from his experience?

Even in our worst time, when we make the effort, when we deal with what is in front of us (which is all we can do), we can find a greater benefit, a larger vision, a higher purpose for our lives.

It matters. You matter.

  1. Problems change you.

One thing life teaches us is that the only constant is change.

The road to success is filled with people who were changed by the problems and failures they experienced in life, across all disciplines.

Athletes

Michael Jordan was cut from his high school basketball team

Stan Smith – this Wimbledon, U.S. Open and eight-time Davis Cup winner was rejected as a ball boy for a Davis Cup tennis match when he first started out because the event organizers thought him too clumsy and uncoordinated.

Writers

Charles Schultz – the famed Peanuts comic strip cartoonist had every cartoon he submitted to his high school yearbook rejected. He was rejected by Walt Disney for a position.

Seven Spielberg – He was rejected from University of Southern California School of Theater, Film and Television three times.

J.K. Rowling –The author of the Harry Potter series went from being a single mother on welfare to one of the world’s richest women in a span of only five years.

When we look back on a problem that seemed so awful at the time, we find that today we are not the same person who tackled that problem.

Like each of the people illustrated above, the mere fact of facing and working through the problem has resulted in us evolving into the person we are today.

This leaves one last principle about problems.

  1. You can choose how problems change you.

It is us alone who can decide how we allow the problems we have encountered to change us.

We alone can choose to become a stinking-thinking, mealy-mouthed person.

Or we can choose to embrace the strength we have inside that allowed us to survive our problems and become the winning achiever who looks for positive ways to contribute to our business, our family/friends and our community at large.

Regardless of the challenge or problem we have encountered, despite the people or obstacles we experience along the way, it is us alone who choose how we allow these problems to change us.

Here’s to changing for the better – you deserve it!

Lloyd Lofton is the founder of Power Behind the Sales. He is the author of The Saleshero’s Guide To Handling Objections, voted 1 of the 11 Best New Presentation Books To Read in 2020 by BookAuthority. Lloyd may be contacted at [email protected].

© Entire contents copyright 2020 by InsuranceNewsNet.com Inc. All rights reserved. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.com.

 

 

user

Older

NAIC Expected To Defer Mortality Data Collection To 2021

Newer

More Insurers Hit With COVID-19 Business Coverage Lawsuits

Advisor News

  • Living longer, retiring poorer: Why fragmented systems are failing Americans
  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
  • Why advisors should be talking about life settlements
More Advisor News

Annuity News

  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • NAIC regulators continue pushing for annuity illustration updates
  • Wink: Flat first-quarter annuity sales fall just short of $100B
More Annuity News

Health/Employee Benefits News

  • Cigna to pull out of individual health market, affecting thousands in Colorado
  • KY ranks 36th in 2026 Kids Count Data Book; child deaths, health coverage, housing create challenges
  • Clark County residents warned to brace for health insurance rate hikes next year
  • Is Washington state a good place to have a baby? Here’s where it ranks
  • New Findings from Kimberly Prendergast and Co-Authors in the Area of Health and Medicine Reported (Dietitians as Boundary Spanners: A Case Study of a Cross-Sector Health-Related Social Needs Program): Health and Medicine
More Health/Employee Benefits News

Life Insurance News

  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
  • VUL sales skyrocket in Q1, signaling major market shift
  • KBRA Releases Research – Private Credit: A More Balanced Review of the NAIC PLR Review Process for Insurance Balance Sheets
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • State locates $107M in missing insurance funds
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet