Failure is a fact of life. Failure happens. When it happens to you, you can lament about it and look to blame someone (other than you) or something. When you follow this approach, the next step is to throw up your hands in disgust and frustration, walk away and quit.
Or, you can make the conscious decision to take a step back, evaluate what happened and learn from the experience. And as you might suspect, this is the preferred action. In this regard, I stress a 4-step process that when things go wrong and you fail, you own it, fix it, learn from it and move on. And when you do fail, fail fast. I follow a simple rule: “Fail your failures fast,” so that you can get back on track and keep moving forward.
Taking a risk is the decision that sometimes leads to failure. To minimize the possibility of failure, learn to take calculated risks. Many of you have heard me say, “A turtle moves forward by sticking its neck out.” Continue reading