Wednesday April 20, 2016
There is something that all very successful business people have in common: They failed at something.
They failed at a business, they may have failed at several businesses. They may have failed with a marketing plan or make a mistake in the production of a product.
The business landscape is littered with failures.
The difference is these business people may be failing but they are not failures. There’s a big difference. These are business people who are willing to try something. They’re willing to take calculated risks. They’re willing to absolutely understand exactly who they are as business people and what they need to do for more success. They’re willing to step out and try something that will add to their business. Sometimes it works, sometimes it doesn’t work.
When successful business people try something new, they are smart enough to know to not bet the farm (as the saying goes). They are not betting everything on what they are doing. So when they fail at something, they don’t consider it a failure. What they consider it to be is a learning experience from which they can then pursue success. I know you’ve heard that before – it sounds like a cliché, but it’s true. It’s a learning experience as to what to do and what not to do.
One of the secrets of success in business, especially if you want to have incredible success, is to know what to do and what not to do; when to do it and when not to do it. It’s thinking through the unintended consequences of your business decisions. You can never think: I’m successful today so I will be successful tomorrow. It doesn’t work that way. The competition is always nipping on your heels. At any given moment, business opportunity can slip away from you.
If you are not assertive – even at times, aggressive – yet at the same time conservative… Which means you’re willing to take chances but take calculated chances. Then you will continue to be successful in business.
So when you’re thinking about your business decisions and business strategy, let’s not worry about failing. Let’s make things happen.
Just make sure you’re not betting everything on every idea. Test it out to see if it works. If it doesn’t work, make a change.
Don’t be afraid of failing.
Remember: Failing is one of the pathways to business success.
To your success!