“ The Difference Between Ordinary And Extraordinary Is That Little Extra” – Jimmy Johnson
Every failure brings with it the seed of an equivalent success and is an integral part of all the successful entrepreneurs out there. Failure is a part of the business and you’d hardly find any entrepreneur make it big without experiencing massive failure(S).
Successful entrepreneurs paths have been anything but smooth and easy. Moreover, they have seen failures every now and then but what makes them stand apart from the rest is sheer perseverance, persistence and the ability to get back up every time life knocks them down. While the rest endlessly seek alternatives and look for magic wands and shortcuts to success only to waste time to search for something that doesn’t exist. And the remaining ones just give into failures when it’s staring them right in the face and just go singing the chorus that they tried and that they did their best but it was luck who was not in their favour blah..blah..blah. What they lack is the courage to start over again and again.
From Failure To Success :
Successful people have failed more than anyone else and that’s what defines them i.e. never to die attitude.
The simple logic is that you fall you get back, up you fall you get back up. It’s just a simple reaction and the pertinent action to get up every time you fall.
Here’s some motivation for you. As an inventor, Edison failed 1,000 times before inventing the light bulb. Just think if he had given up merely after a few failures, then it might have taken another few years for us to enjoy the electricity bulbs or may be not. Henry Ford failed and went broke five times before he succeeded and now, as of today, everyone knows Ford’s valuation and of course, its super cars.
What most people fail to understand is that failure is nothing but only a setback and what really matters is how you react to them. The best way to moving forward is learning from the failures and to start again. Everyone encounters failures at one point or another but those who make mistakes and repeatedly learn from them are the ones that find themselves on the other side of life.
Learning From Mistakes :
Learning is a continuous, lifelong process. If you have experienced failures as an entrepreneur, then the best course of action is to embrace and learn from them. Sure, it’s one helluva hard work, but that just comes with the territory.
Let’s use some mathematics here, don’t worry we will not talk of Integration or Differentiation. Well, on a serious note you must be familiar with the Fibonacci series. It’s one of the famous mathematical sequence following a certain pattern that each number is the summation of the two preceding numbers. The series goes like this: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89 and so on. The assumption is based on things happened in the past and catalyst the happenings of future.
On closely looking at the Successful entrepreneur’s journey, we can conclude that it is somewhat based on Fibonacci series. Each time they fail, they look at the past results, understand and learn from it and simply move on. They just don’t let failure compound or hinder their growth, instead make it a stepping stone.
Success Does Not Follow A Time Clock :
The right time to start is whenever you’re ready. There is no perfect time or perfect moment to start anything and this is your time. Success is not time constraint instead it’s an ongoing process. The world is full of infinite opportunities, therefore, don’t let yourself limit to only certain possibilities. Don’t wait for the perfect time to start something you like to do and don’t just waste your options. Start with whatever resources you have, start where you stand and work with whatever tools you may have at your command and better tools will be found as you go along. That’s how successful entrepreneurs always start.
- Arianna Huffington got rejected by 36 publishers.
- Bill Gates first company was a complete disaster.
- Walt Disney was told that he lacked creativity.
- Steve Jobs was booted from his own company.
- Henry Ford failed and went broke five times before he succeeded.
- Chris Gardner is an established entrepreneur but prior to that, he used to live on the street. (The Pursuit Of Happyness fame)
- Jeff Bezos had several failed ideas.
The list has many prominent people from all walks of life but the point is that all the successful entrepreneurs exhibit one common characteristic i.e. they said no to giving up, instead learned from their mistakes and are now a source of inspiration to the world.
There’s just one catch. You have got to start sooner and not later. Just work towards success regardless of countless failures and setbacks and accepting them with never giving up attitude.