“Failure is always an option.” –Adam Savage, Mythbusters
“Options are optional – failure is a failure to see options – food for thought” –Geo Geller, @geogeller on Twitter
If you are in business, you face the possibility of failure. If you have the typical attitude toward failure, then you fear it, try to hide it, or find excuses when it happens.
How can you make a better attitude? Realize that failure usually means a learning opportunity. Chose to accept that bad things can and will happen. Recognize that you might be better off after you fail than you were before, even if you can’t see it right away.
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- In an economic crisis, spend your brainpower before your dollars - November 25, 2020
- Video: How to fill empty car dealership buildings for the holidays - November 6, 2020
- How has 2020 changed the challenges rural small towns face? Tell us here - October 20, 2020
- The Idea Friendly Method to surviving a business crisis - October 6, 2020
- Join me for the Rural Renewal Symposium online Oct 13 - September 26, 2020
- Cheap placemaking idea: instant murals - September 11, 2020
- Refilling the rural business pipeline - July 7, 2020
- Huge vacant buildings: grants to renovate? - June 9, 2020
- Economic self defense for small towns - June 7, 2020
- The best things you can do for local businesses in light of coronavirus - March 27, 2020
Failure=opportunity I agree
Failure is not only an option, among smart small firms it’s a requirement. The trick is to learn from it quickly and move on — what some of our Top Small Workplaces (recognized in partnership with The Wall Street Journal) call “fast failure.”
More on this here: http://tinyurl.com/6rcqhz (see Barclay Water Management and Restek at the bottom).
Thank you, Alberto.
Mark, love the new look of the Winning Workplaces blog! (maybe it’s not that new, but it’s terrific!) And of course, I think the “fast failure” phrase is a wonderful way to put it!
Thank you Becky and Mark,
We have been customers of Restek for years and they are certainly tops in service and product quality when it comes to analytical laboratory supplies. The ‘Plus One’ concept is interwoven through the company, front to back.
Not surprisingly, the core set of values illustrated in the linked article have been instrumental to the success of each venture I’ve been involved with that succeeded – and have been missing from those that did not.
I’m going to share this with everyone who I think will benefit from it. Thanks again!