There is something all very successful business people, including CEOs, presidents and business owners, have in common: All failed at something. But recognized the difference between failing and failure.
Could have failed at a business.
May have failed at several businesses.
Perhaps failed with a marketing plan.
Made a mistake in the production of a product.
The business landscape is littered with failures.
The difference is these business leaders may be failing but are not failures.
In business there’s a big difference between failing and failure.
- You need to be willing to try something.
- Be willing to take calculated risks.
- You need to absolutely understand exactly who you are as business person.
- Know what you need to do for more success.
- Be willing to step out and try something new that may be positive for the business.
Sometimes it works, sometimes it doesn’t work.
As a successful business person try something new but be smart enough to know not to bet the farm (as the saying goes).
Or as another saying goes: Don’t put all your eggs into one basket.
If and when you fail at something, they don’t consider it a failure. Consider it to be is a learning experience from which you can further pursue success. I know you’ve heard that before – it sounds like a cliché, but it’s true.
Business, as in life, is a learning experience as to what to do and what not to do.
One of the secrets of success in business, especially if you want to have incredible success, is to:
- Know what to do and what not to do; when to do it and when not to do it.
- Thinking through the unintended consequences of your business decisions.
You can never think to yourself: I’m successful today so I will be successful tomorrow.
It doesn’t work that way. The competition is always nipping directly at your heels.
At any given moment, business opportunity can slip away from you.
If you are not assertive – even at times, aggressive – yet at the same time conservative… Which means you’re willing to take chances but take calculated chances. Then you will continue to be successful in business.
Whatever you do, don’t put yourself out of business!
So when you’re thinking about your business decisions and business strategy, let’s not worry about failing.
Be in ACTION! Make things HAPPEN!
Just make sure you’re not betting everything on every idea. Test it out to see if it works. If it doesn’t work, make any necessary changes.
Don’t be afraid of failing.
Remember: Failing is one of the pathways to business success.
To your success!
Ready to improve and grow your business? Talk with Howard! – 888-738-1855 – Howard Lewinter guides – focuses – advises CEOs, presidents and business owners to MORE success – MORE profit – less stress.
Also published as a guest post on the Linked Into Business blog.