I understand it sounds de-motivating talking about failures but life is not always bed of roses. You might have failed in life at some point of time. There is no wrong in admitting it. Last year, I failed miserably in some of my business avenues.
I spent entire year i.e. 2014, reconsidering, reconciling and revising my strategy. In hindsight, however, it is easy to realize that it is lot of time yet I know it was a must to do that. The outcome of all that pondering and wondering boiled down to few golden advices that I would like to share with you.
Your past experiences and failures teach you tough lessons that you cannot learn by spending thousands of dollars in colleges. You too keep in mind those mistakes inevitably. Some make big and fatal mistakes while others make small and trivial mistakes. Education allows you to just cut down the intensity.
However, you will not believe what I discovered was quite shocking. I analyzed everything from scratch about my personal life and professional life that still put a great effect on my life.
While analyzing my professional front and my revenue generating streams. I found most of them to be out-dated, non-automated, carrying no value, lacked focus and lacked vision. Yes, being true I give vent to the fact that the tools I have been using were obsolete. I took a look around to experience that people have taken an advanced step to some greater extent. Perhaps the time had come to invest in myself, invest in my business to make it the business of 21st century.
I admit readily that it taught me very good lessons and I hope you can benefit from the experience that I am set to share. You can benefit by not repeating the mistakes I made. I have illustrated them in detail in correlation with what we do during day-in and day-out.
- Keep your mind tuned to embrace failure with open arms.
Look at failures merely as mistakes. Your company’s focus comes with trial and error. Being adaptable is the acid test. If failure happens, it is okay. Use data to help fail less often.
Regard failure as a strength and not a weakness. Do not fail alone and find talented virtuosos. As you intend to grow and move forward, big failures will seem small tomorrow. Mistakes will turn up new opportunities.
- Don’t run away from conflict.
Disagreement and conflict are the indivisible part of virtually every person’s life. Always be open for healthy discussion. Instead, if you try to decamp, the situation is sure to worsen progressively. Maybe not right now, but tomorrow or sooner or later, conflicts and other chaos are sure to turn up.
Then what? The answer is you obviously have to confront them then no matter whether you are geared up or not. And the bitter fact is that now you are a lax person and the situation seems more grueling to you and is all set to pounce on you with greater might and main! Running is therefore never a good idea my friend but you should brave such critical elements assiduously.
- Understand the value of networking
Networking is a crucial, effective and creative gimmick to build and foster relationships in mutual between two or even more entities. In other words, it is a catalyst to drive phenomenal success and to have the same in essence; it is essential to rub shoulders with new people, nurture evolving alliances and enhance your network. A good networking has the power to stand you and your organization out and stay at the top.
- Tomorrow is always another day
It is rather hard to consider life a bed of flowers as there is a variety of unforeseen mishaps in a person’s life that are hard to overcome at times and yet at such critical times, be sure never to give up and simply keep your head up.
By the way, after every bad/good yesterday, there is a hopeful tomorrow to get things right. I personally believe if your yesterday was pathetic, today is so-so then yesterday will surely be promising. So just be optimistic and look at the bright side of the life.
- Making most out of something you have
You can maximize the thing and your life in a variety of great ways. Start attaching importance to the activity that attracts others and let them to sing the praises. Do not let concerns, stresses and other problems overcome you for a long time and yet instead brave them to get an upper hand on them.
Do not air your grievances at something you do not have yet instead try to be as happy as possible with what you already have. Have humanity and other gentle feelings for others. Propel your inventiveness to move forward and see where it leads you to and never let excuses to be sandwiched between you and the life you draw a bead on.
- Try to be very good at one thing
What happens when you try to become a jack-of-all-trades by involving yourself into multiple activities at one time? Well, simply nothing good comes in hand in the long run of your efforts. In order to churn out effective results, it is a good idea to take one thing at one time and strive as hard as possible to generate plenary and hopeful profits.
That means, being thoroughly specialized in just one thing is the key to unleash boundless success in the industry you deal in. Take for example, you being an entrepreneur specialize in just one thing thoroughly will help your customers deliver what they want or need and ensure you earn praiseworthy remarks from them always.
- Delegate, Assign & Hire
A successful business requires 100% attention, everything else is a distraction. Never stop yourself from realizing the fact that the particular task is not meant for you. There is a saying “Eat the frog in the morning or early”, at the same time do not try to eat the elephant.
You have to determine whether the task is ‘Frog or ‘Elephant”. Here you have to find out the right person within or outside the organization to get those things done. Because getting things done matters a lot.
Finding success is much easier as a team. However, please ensure that you keep limited members in the team. Too many people become chaotic and the outcome of meetings is often not fruitful. Also the quality of your team will either make or break you.
- Think strategically
Just guess whether great strategic philosophers are born or made? Some of you would answer they are born such but it is not a complete truth because every sane person has the talent but is not obvious to them or others because of not being able to utilize it properly.
However if you aspire to think strategically like renowned thinkers, you even can develop that talent and reap gigantic success in the activity you pursue.
- The worst decision is indecision.
They say being shilly-shallied is the worst decision and leads to certain bad results; it is something acceptable readily. Indecision evidently postpones the process of contriving a levelheaded decision. This trait is a stumbling block in getting things done timely and properly in just every stream of life.
So whether you are successfully operating a startup or an established business and are not being able to conclude a decision about a certain thing, things are sure to go worse eventually. Take for example, you shilly-shally whether to start up a business for a certain time and sooner or later you realize that other competitors have caught up with you in the meantime and leaving you to be stranded.
Suffice it to say, the worst decision is indecision, since it leads one’s goings-on to be in the doldrums. And unless there is no progress or activity in certain thing, nothing good is going to turn up–no joy, excitement progress and just only melancholy and inaction.
10. Find a mentor.
A good or desired mentor is maybe though hard to find but if you are lucky to find one such, your personal and/or professional life will change dramatically and give you available prospects to be availed without an end. For example, whether you own and run a startup or established business and strive to meet the goals and needs successfully, a just mentor will come into play to exceed your expectations while guiding you and giving fertile advice in the reference points. Take the time to scout mentors based on the personal preferences and needs to help your businesses reach the desired phase of development.
- Start now!
Yes, you heard me right. Get. Set. Ready & Go. The biggest sin I think I have ever committed is reading and doing nothing out of the ordinary. I had so many plans, which never happened to be executed. I kept on planning, making blueprints but laid emphasis mainly on the execution part. Think simple from scratch.
I always perceived that the laid down plan should be picture perfect. Perfection is gained by doing things regularly and practicing it constantly. Keep in mind to balance things taking your time while acting fast. Last but not least, push new ideas and projects forward to reap maximum benefit with optimized revenue.
It is an endless source of pleasure to recount the stories of survival, flight and victory against adversities, so-called mistakes and challenges.