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Monday, November 24, 2014

Failure is a Better Teacher than Success

"Failure refers to the state or condition of not meeting a desirable or intended objective, and may be viewed as the opposite of success."  (http://en.wikipedia.org/wiki/Failure)

For all our efforts and our best intentions, we all fail on occasion.  Sometimes we fail miserably, and other times, not so much.

But failure is not necessarily a bad thing.  Failure is vital to the learning process, a way of filtering out what does and does not work.  For instance, you may try a new marketing technique for your business that is a total failure. You spent money on it, and it produced no new business.  So, you learned to never use that marketing technique again.  The failure was a lesson.

In business, we should explore new ideas and ways to work our businesses.  Experiment with different marketing concepts.  The experiment will either succeed or fail.  Then we move on to the next experiment, having learned from previous trials.

http://catalystmlm.com/wp-content/gallery/love-failure/love-mlm-failure-010.jpg

Using this pattern of exploring, experimenting and either succeeding or failing is a skill we need to hone.  When experimenting, if an idea is bringing no results, discontinue the trial.  As soon as you discover that what you are trying is not working, stop it immediately.  Do not keep wasting your time (and money).  

When you try something that is not successful, take time to analyze it.  Don’t just move on.  Look at what you did and why it failed.  In this way, you can examine all the components.  Perhaps part of the experiment is workable, worth using in your next trial.

I’d like to conclude with a few quotes about failure from some well known people.

“My great concern is not whether you have failed, but whether you are content with your failure.”
Abraham Lincoln

"Success consists of going from failure to failure without loss of enthusiasm."
Winston Churchill

"Success is not final, failure is not fatal: it is the courage to continue that counts."
Winston Churchill

"I can accept failure, everyone fails at something. But I can't accept not trying."
Michael Jordan

"Do not fear mistakes. You will know failure. Continue to reach out."
Benjamin Franklin

"Success is often achieved by those who don't know that failure is inevitable."
Coco Chanel
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