Failure Can be a Success

Fear of failure scares off many successes

Of all the fears that come with being in business, I think the fear of failure is the worst, the most paralyzing and the most costly.

Costly? How can that be? Don't the actual failures themselves cost a lot of money?

Sure they do. But refusing to try new ideas, methods or products because you're afraid they might fail can prevent you from growing your business and your customer base. Fear can cloud your judgment and make calculated risks look like Mt. Everest.

And no, that is not an oxymoron. A spectacular failure can, and often will, lead to your most spectacular success.

Fear of failure can stifle you.

You've gone out on a limb to start a new business a business that sounded foolproof, but it's not working or it did not work period.

Your brilliant career is tarnishing—you're worried that you will be labeled "a failure."

Stop worrying. Start learning from your experience.

The person who can retool their business plan is destined for Success.

You do have a business plan, right?

In Real Estate I teach to diversify, what is that? Call me and we can talk about it.

In business coaching I teach entrepreneurs to diversify and retool EVERY DAY.
Sometimes a little tweak will fix the problem.

Sometimes you need to scrap the whole mess and chalk it up as a teachable moment.

British author Samuel Smiles summed it up:

"We learn wisdom from failure much more than from success. We often discover what will do by finding out what will not do; and probably he who never made a mistake, never made a discovery."

Its how you handle the small failures in life everyday that builds character, you can whine about it or do something about it.

Now more than ever the old saying;

“ Losers let it happen in business and winners make things happen in business.”

Failure is seldom fatal, unless you are like Karl Wallenda.

Karl Wallenda was a tightrope walker. Wallenda had fallen many times in his career, but always got up and tried again. However, he was killed in 1978 (at age 73) in a tragic fall in a promotional walk in Puerto Rico. His widow said, "All Karl thought about for three straight months prior to the accident was falling. It seemed to me that he put all his energy into not falling—not into walking the tightrope."

Keep your eye on the prize, and understand that sometimes you won't win. But you only lose if you stop trying.

The biggest failure of all is not trying again and again and again.

To your failure!

John Hacker