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You are here: Home / Starting a Business / Start Looking Forward to Failures

Start Looking Forward to Failures

April 2, 2017 By Asif Nazeer Leave a Comment

Start Looking Forward to Failures

Have you been so terrified of failing, that you feel itís preventing you from moving forward ñ or even getting started with your online efforts? For scientists and medical researchers, failure can be a good thing.

It means another vital experiment has been eliminated and they can move on to the next. Sometimes, itís just a numbers game ñ you have to have a certain amount of failed experiments before you arrive at the one thatís going to make a difference.

Itís safe to say that everyone who has become a great success have a few failures under their belts. The difference between them and those who arenít successful is that the successful learned from their failures ñ and the others simply accepted failure and gave up.

What doesnít work is in the past ñ and what does work can propel you on to future success. You may have never thought of looking at failure as a good thing, but when you fail, it means youíre working hard on your business endeavors and tweaking your system so that it will eventually run like a well-oiled machine.

And what worked for one entrepreneur may not work for another. Find your niche and develop it rather than being a copycat to others. When you give yourself permission to succeed ñ you also give yourself permission to fail.

As you try new things and ideas, not all of them will come to fruition, but now you know what works and what doesnít. Itís the only way to know for sure. And the more you try and fail, the more likely it is that youíll hit the jackpot along the way and that one of your ideas and endeavors will take off.

Some top entrepreneurs agree that if you succeed in everything you try, then youíre failing in the big picture because youíre not taking enough risks. The very nature of an entrepreneur means that risks need to be taken.

Many are sure to fall by the wayside ñ as you can see in the pop up businesses in Silicon Valley. There are huge successes there ñ but, look closely and youíll see many dreams failed and abandoned.

Those who stuck with it rose beyond the failures and are the big successes you hear about. One thing thatís imperative to remember about failure is that there are two types: Honorable and Incompetent.

Honorable failure means you attempted honestly to try a new or different way to do things and the attempt failed. Incompetent failure means you failed because you didnít put enough effort or action into the attempt at success.

When Thomas Edison tried time and again to invent electricity, he had numerous failures – but when people asked him why he had so many failures before he found a method that worked, he said that he didnít consider the experiments to be failures ñ they were simply discoveries of methods which didnít work.

Keep trying and look forward to those failures ñ theyíre what will eventually point you in the direction of success. Plus, it makes you more of an expert in marketing because youíll be able to say what works, and what doesnít.

Filed Under: Starting a Business Tagged With: managing failure

About Asif Nazeer

For two decades, Asif Nazeer has partnered with businesses to navigate complex challenges and achieve their strategic objectives. As a trusted advisor and experienced consultant, he offers deep expertise in Finance, Marketing, business management and a collaborative approach to problem-solving.

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