I don’t talk about failure a lot, but it’s an inevitable part of being an entrepreneur. I’m not saying your business is doomed to fail, but every entrepreneur fails at something in their business, and the longer you’re in business, the more failures you’ll have. As the saying goes, failure doesn’t define you - it’s what you do afterwards that counts. So how can failure lead to success?
Failure Leads to Success Only After Analysis
Sometimes things happen that are completely outside of our control, but in most cases there is something we could have done to handle the situation better. If you’re asking, “Can failure lead to success?” The answer is only if you learn from the experience so you can avoid making the same mistakes over again.
Know that You Are Not Wrong
As an entrepreneur, it can be tempting to take failure personally, but that’s a huge mistake. There’s a difference between doing something wrong and being wrong (i.e. a bad person, or a bad business person). As the proverb goes, “To err is human; to forgive, divine.” So recognize that, as a human being, you will make mistakes from time to time. Then access the divine within you to forgive yourself so you can learn from those mistakes and move on towards your next great success. Don’t waste time in self-flagellation.
Talk About Your Failure with Someone
Take Action to Ensure Failure Leads to Success
Don’t Let Failure Stop You from Dreaming Big
I always tell my clients to dream big because I truly believe nothing is impossible until you decide it is. While it can be tempting to let failure hold you back from dreaming big dreams in the future, I encourage you to dream even bigger because you know more now than you did before you failed. You have experiences and knowledge you didn’t have before, which will better enable you to tackle even bigger goals. I do know that failure leads to success, but only if you decide that’s the case.
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