“Success is not final, failure is not fatal: it is the courage to continue that counts.”
Winston Churchill
1. Failure pushes you closer to another approach that works!
Failure doesn’t mean you are a failure yet, it just means you haven’t found a way to make it work yet and you have just found another way it doesn’t work. You know why you should try again? You are closer to a another discovery. Good to great entrepreneurs have failed countless times, but you only get to see and hear the one true breakthrough out of the many times they try to make it work. The successful ones do not give up easily in a single approach that failed. In the words of Biz Stone, Co-founder, Twitter: Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.
2. When you fail fast, you can learn and succeed faster
Most people sense danger most of the time, and tend to concentrate on thinking about what might go wrong and what the consequences could be when things go wrong. Well, what if they don’t go wrong, what if things are not as bad as you think. What if you just try, what if you give it a shot. What is the worse that can happen when you try? You loose resources, you loose your savings if you bootstrapped and unfortunately you get to start over. But the most important thing about failure is that you, you get back up again and try a new way to do it better, this time without repeating the mistake you did previously.
3. Failure gets you closer to success
Failure it’s just one way of finding out what does not work. You have new opportunities to try again, this time better informed. Decide that you want something more than you are afraid of it, and you will give it the shot it deserves.What could not work yesterday, can work today if done differently. Failing is not the end, but a means to an end.
4. Failure prepares you better!
If you have failed in your recent project, do not give up. Your ability to bounce back from a failed business can determine your success rate in the end. Failure as an opportunity for improvement. Learn from your mistakes and do not repeat them in your next project. Startups that survive grow faster than more-established companies, according to Business Dynamics Statistics data funded by the Ewing Marion Kauffman Foundation.
5. Failure is a tunnel with bright lights at it’s end!
Take that leap of faith and see how close you get to success. You are closer than you think. Don’t give up on yourself now. Henry Ford, the great automaker, went bankrupt four times-are you bankrupt yet? Excite CEO George Bell rejected Larry Page andSergey Brin’s $1 million price for Google, oh they even approached Yahoo to acquire them. As of today, Google’s market cap stands at 301.63B. Thomas Edison produced thousands of light bulbs that gave no light at all! but just one breakthrough got his name in the history books. How many times have you tried?
6. Failure is a lesson, but not a mistake!
If you constantly visualize and see failure as a mistake, you will never try anything new. You don’t repeat a mistake, you stop it in time, that is why you need to fail fast and move on. Once you realize what is not working, stop, access, measure and make a decision to end it and move on to another step to get closer to success. Don’t get stuck in your failure, make another move, this time better informed.
7. Failure is a good teacher, but success is a lousy one!
Success is a lousy teacher. It seduces smart people into thinking they can’t lose. Bill Gates
If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative.-Woody Allen
My great concern is not whether you have failed, but whether you are content with your failure.-Abraham Lincoln
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