Failure is inevitable and if you don’t learn how to bounce back whenever it happens, you’ll find yourself stuck in a rut for a very long time.
How do you handle failure and turn it into a learning experience, one that helps guide you back onto the path of success? Here are a few ways you can confront failure to make it work for you:
- Reflect Without Regret – Reflection time is important because it allows you to take a clear look at what happened, why it happened, and how to prevent it from happening in the future. If you close off your mindset and focus only how bad you feel, you’ll be unable to learn from the situation and you won’t get much out of your reflection time.
- Ask For Constructive Criticism – Mentorship is a very important thing to have while you are trying to find the path to success. You will need constructive criticism from someone who can help you examine what you gathered from your reflection process. Choose a mentor who isn’t afraid to tell you the truth and who has been where you are. This person will guide you with constructive criticism, meaning that rather than put you down, they will show you how to get back up.
- Revise Your Plan – Now that you know what works and what doesn’t, make revisions to your business practices. If cold calls were not successful, then don’t make them anymore. Find a different way to engage with potential new customers and clients. If your marketing proved more effective online than via mail, focus on how to keep generating attention to your business through your social media strategies.
If it helps to document these reflections, keep a journal you can write in at least once a week where you note down things that went great and which things needed to be better. You don’t have to be a great writer, just someone who can take down notes in a way that makes sense when you go back to read them. Perhaps make two columns headed “What Works” and “What Didn’t.”
Failure will happen, but it doesn’t mean that you need to give up. As part of your personal development, it means that you need to embrace that learning experience and make it work for you so that you keep moving forward with your business.