Friday, September 16, 2011

How Successful Entrepreneurs Handle Failure


There are many differences that separate the winners in business and life from those who are struggling and falling by the wayside.

One mammoth contrast is how they handle failure. Successful entrepreneurs have a definite mindset around the experience of failure.

When they fail, they sight at it as a result. They took "x" steps and produced "y" result. "Y" didn't work, so it's relieve to the drawing board to change the formula and try again.

Many original business owners don't fabricate it out of the gate because as soon as they fail, they figure, "Who am I kidding? I knew it wouldn't work" and then pause!

If everyone had that mindset, we wouldn't have electricity, airplanes, vaccines ... actually, we'd have sparkling worthy nothing!

Every single success in this world was preceded by one, two -- a thousand failures!

Babe Ruth location a describe for the most home runs. Did you know he also had the narrate for the most strikeouts?

Thomas Edison failed more than a thousand times before he perfected the light bulb.

If you're not failing, you're not pushing yourself enough. You are remaining in your comfort zone and cannot question to approach the level of success you're wonderful of.

Failure is what allows you to learn and grow. If you stay as soon as you meet with failure, you will always remain exactly where you are.

Albert Einstein once said, "You cannot solve a dilemma with the same level of thinking that created it."

And, "The definition of insanity is doing the same thing over and over again and expecting a different result."

What these statements advise is, in order to overcome failure, you must judge differently and act differently. It is what separates the ordinary from the fantastic!

You might have to leer out guidance from someone else who can offer the expertise you need. You may need to inject original perspectives and talent by forming a team around your project.

awe of failure is one of the biggest obstacles that possess novel business owners serve. Failure should not be feared, but embraced because a life lived in dread is a life half lived.

If you're stuck and unable to depart forward because of horror of failure or because you have failed in your previous attempt, bring someone else into the mix to offer benefit and guidance.

Tweak your concept and give it another go.

Engrave the words of the following masters into your mind and never, EVER give up.

Anyone who has never made a mistake has never tried anything modern. - Albert Einstein

He who fears being conquered is certain of defeat. - Napoleon I

Problems are not discontinuance signs, they are guidelines. - Robert Schuller

2006 © Laurie Hayes - The HBB Source


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