Failure: What We Can Learn From It – Episode 1 – How to Learn from Failures – Part 1
Have you experience failure in your life? Have you experience failure in your business? Do you worry about failure on a daily basis? The fear of failure is one of the most crippling emotions that an entrepreneur or business owner will face. In this episode, business coach Clay Clark talks with Caleb Taylor about failure, and what we can learn from it. All of the most successful entrepreneurs in the world have at some point fail. In fact, this is one of the most common denominators of entrepreneurs. They choose to fail forward, rather than be stopped by a one time failure of an idea. Abraham Lincoln has a quote that discusses whether or not somebody is content with their failure is the most important thing. In this episode, Clay Clark breaks down the importance of learning to fail forward, and fail often. If you’re able to continue to build your business while failing forward, you will learn more quickly than anybody else on the planet. Your ability to learn and turn that learning into rapid action Will allow you to become more competitive then other entrepreneurs in the same industry. You must be willing to face rejection though. If rejection scares you, then you must make a mental shift towards embracing the suck as part of entrepreneurship. You must redefine what failure means to you and your business. Failure is not the end. Failure is the beginning of learning for your business. Entrepreneurs like Sara Blakely have redefined failure for their lives. Failure is not a negative part of entrepreneurship. Understandably, it is not always fun, but failure means that you are trying things and moving forward. It is impossible to steer a parked bus. Failure is merely a learning opportunity for entrepreneurs. Your failures must be celebrated, and you can use them to motivate you.