The coach recently returned to football with West Ham for his first job since being dismissed after seven months at Stamford Bridge in April 2023 and claims that his bruising experience with the Blues has helped him grow as a manager.
Potter told the BBC's 'Football Focus': "At the time you can imagine I wasn't in a good place because you are disappointed to lose your job and it hasn't gone very well, or clearly as well as you'd like.
"It was a tough moment."
Asked what advice he would give himself on reflection of his Chelsea stint, he said: "Everything will be OK. I think it makes you better, it makes you a stronger person, it makes you a better coach.
"The worst that can happen is you can lose your job and you can still be alright, you can still move forward, still have something to offer, still grow as a person.
"That bubble we're in, it can be a little too far down the rabbit hole. Be grateful for the good and the bad, just deal with it."
Potter was glad to spend some time away from football after his Chelsea dismissal but was determined to take another job in the Premier League as felt he had "work to do" in the competition.
He said: "It was nice to get out of the bubble – 12 years, you can end up lacking a bit of perspective.
"To zoom out and see the world and football for what it is, and hopefully it makes you a better person and better manager."
Potter added: "I had a really good experience at Brighton and a not so good one at Chelsea, so you're trying to find the next step.
"You want to go and work but there's not many of us (managers) in the Premier League, so you have to be patient."