Failure itself is not the secret to succeeding. Learning and improving by trying and doing, or learning from failure, is the secret to succeeding as an entrepreneur.
If you are not trying new things, your business is stagnating. Of course, not everything you try will work. Some efforts will be a big hit, and some will be a big miss. So you have to be ready to fail if you want to succeed.
That’s easy to say, but how do you actually learn from failure? How do you get past the stinging feeling that comes with failure? Brad Bollenbach has written a landmark article about Learning from Failure, and he takes on some of these very issues.
Success is really just a checkpoint on a road graveled by mistakes.
Thank you, Phil Gerbyshak for pointing me to this article.
How have you learned from failure?
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.