How to handle failure in a positive way
Failure is a reality that you will need to face; many entrepreneurs wake up every day thinking “how will I fail today?” But it is really not about accepting failure but finding out who to handle it, which is what we will show you today.
“Entrepreneurs use to be very strong with themselves most of the time, accepting failure as a normal and expected situation, but it is in the way of facing it and learning from mistakes what defines a real leader”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, about this topic.
Here are some advices that will help us handling failure:
- It is hard to fail, but it is worst not trying, so do not be afraid of taking a step further as no one lost more than the person who never tries.
- Own the failure, while you chase success, you will face with many obstacles, as well as those people following you, you need to accept it, do not make excuses and do not blame other ones or yourself, as that will not take you out of a situation that is already complicated.
- For many entrepreneurs, forgiving them for a failure is a very hard part, but if you are very aware that it is with failure that you get new knowledge and experience, you will find it easier to get going.
- Remember that failure is another stair that will get you closer to your goals, none of the successful businessmen of today have become rich at the first chance, it is even amazing to find out that the most important the entrepreneurs are, the most they have failed on their way.
“Many entrepreneurs also make a common mistake by starting everything by themselves, so if they fail, they will do it alone, but that also makes it hard to know when you are failing and how can you change to take your enterprise in the correct way, so a good business partner can help you taking decisions and sharing ideas with you, that will make you both take less risks and avoid possible failures in the future”, added Salomon Juan Marcos Villarreal.