What Everyone Should Know About Fear
Of Failure
When we think of failure most of us associate it with a lack
of achievement followed by disappointment. This is a very negative way of
thinking about failure but many people naturally feel this way. However,
successful entrepreneurs think about failure in a completely different way.
Failure can be a positive thing if dealt with correctly and
is even considered by some to be a necessary step before achieving success.
Most successful entrepreneurs have had failed businesses before they finally
found something that worked for them. Many have been bankrupt and some have
been bankrupt multiple times.
Be Positive About Failure
Failure is well summarized by Sir Winston Churchill, who
once said the following:
"Success is the ability to go from one failure to
another with no loss of enthusiasm."
So if we're supposed to view failure in a more positive way
and not let it drag us down then how do we do this? The answer is to view
failure as a learning experience, a step towards achieving success. One thing
we absolutely must do is learn by our mistakes and consider failure to be
important feedback.
If you make a mistake once and fail as a result, then that's
fine. Learn from it and move on. However, making the same mistake twice is
considered foolish but can easily be avoided by always learning from your
mistakes. Failing is also a sign that your plans are not sound. Re-plan and try
again.
Try, Try and Try Again
If there's one good way to increase your chances of success
it's to try more often. The more attempts you make, the more chance you'll have
success. You'll often find that successful people aren't necessarily smarter
than your average person. They just have a different mindset and are willing to
try more often. Trying more often obviously results in more failures, another
good reason not to fear failure.
As many people think so negatively about failure it's quite
natural to have a great fear of it. One way to deal with this is write down
what you think is the worst that can happen if you fail in your current task.
You'll find it probably isn't all so bad and the benefits of success will far
outweigh any negatives of failure.
People deal with failure in different ways and the
disappointment that follows failure can be hard to handle. Deal with failure
however you feel fit, even if it means doing nothing except watching TV for a
few days. What you must do soon after is work out where you failed, work out
why and learn from your mistakes. Then pick yourself up and try again either
with a new idea or a new way of implementing the original idea, effectively a
revised plan.
If You're Going to Fail, Fail Fast
The final lesson to learn about failure is to do it fast and
often. As odd as this may seem it does make sense. If your new venture isn't
working and looks like it may never work as you intended then don't be afraid
to drop the idea, move on and do something else.
The key thing to remember here is to fail fast. So many
people hang onto an idea long after they've established that it's very unlikely
to bring success. As soon as it becomes apparent that an idea isn't going to
give you the lifestyle you ultimately desire then it's futile to continue.
There are plenty of other ideas that will enable you to achieve your ultimate
lifestyle goals.
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