failure in business |
The failure in a business can be a setback for any employer,
but need not spell disaster. Let us take as a cold coffee and a bitter
experience of sounds devastating, but despite these errors have been able to
pick up the pieces and to attribute a healthy perspective on what the failure
is and should not be mean to us.
When faced with any setback, here are five rules to not fail
again in a business, and who have helped me over the years and can help, too.
Do not pretend that never happened. People are often so
anxious to avoid the stigma of failure and refuse to admit what happened.
Denial usually leads to other problems, including internal stress and delay any
effective remedy. You must be quick to admit that you were wrong.
Always avoid making excuses. Some people move beyond the
truth rather than admit the problem, which sweeten words excuses. I was one of
them. We say that all these defects were not our fault. But when we stop making
excuses, we focus on a productive purpose.
Do not confuse the goal in common with that of the person.
Sometimes people take the opposite approach of what I just described. They
blame themselves for everything, every failure and create a pattern of negative
self-reinforcing. Always assuming that mistake, is more dangerous to carry in
your thinking, and this can become a self fulfilling prophecy. Instead of
creating a mental model of failure, ask yourself how I can improve it.
Remember we are not alone. People do not always get to meet
the objectives. The point is that we are not robots. Everyone is bound to
stumble from time to time.
Let us focus on the lessons learned. While ultimately we
must focus on the future. The only way to survive this level of failure is to
focus on the future. Not many people can claim to have lost literally thousands
of dollars and chalk it up to experience business lessons.
That sounds devastating, right? But despite our mistakes we
must be able to pick up the pieces left never to fail in a business.
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