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how do successful entrepreneurs handle failure?

How do successful business people handle failure? Well, for me personally, in one word is: embracing failure for success.   

When it comes to achieving success in both business and life, winners have a few key qualities that set them apart from those who struggle. One of these qualities is their ability to handle failure with a positive mindset. Successful entrepreneurs view failure as a learning experience and an opportunity for growth. Instead of getting discouraged, they analyze their actions and results to figure out what went wrong. Then, they go back to the drawing board, change their approach, and try again.

In short, the way you handle failure can make all the difference in your journey toward success. So, next time you encounter a setback, try to see it as a result and a chance to learn and improve. And remember, successful people don't give up after one failure - they keep pushing until they reach their goals.

Why do new business owners fail easily? 

Many new business owners don't make it out of the gate because as soon as they fail, they figure, "Who am I kidding? I knew it wouldn't work" and then quit! If everyone had that mindset, we wouldn't have electricity, airplanes, or vaccines ... actually, we'd have pretty much nothing! Every single success in this world was preceded by one, two -- a thousand failures! Babe Ruth set a record for the most home runs. Did you know he also had the record for the most strikeouts? Thomas Edison failed more than a thousand times before he perfected the light bulb.

Why failure is necessary for success?

It's often said that if you're not failing, you're not pushing yourself to your full potential. Staying in your comfort zone may feel safe, but it won't get you to the level of success you're truly capable of. On the other hand, failure is a necessary part of the learning process. It allows you to identify what went wrong, learn from your mistakes, and grow as a result. If you give up at the first sign of failure, you'll never reach your full potential and will remain stuck where you are. So, don't be afraid to take risks and embrace failure as a necessary part of your journey toward success.

Albert Einstein once said, "You cannot solve a problem with the same level of thinking that created it." And, "The definition of insanity is doing the same thing over and over again and expecting a different result." What these statements teach is, to overcome failure, you must think differently and act differently. It is what separates the ordinary from the extraordinary!

Success Quot

How to change your perspective on failure?

As a new business owner, it's important to recognize when you need guidance and support from others who can offer the expertise you may be lacking. This may mean forming a team of individuals with different skill sets and perspectives to inject new talent into your project. The fear of failure can be a major obstacle that holds many entrepreneurs back from achieving their goals. But, it's important to remember that failure should not be feared, but embraced. Living in fear can prevent you from taking necessary risks and can lead to a life half-lived. So, don't let the fear of failure hold you back. Seek out support and embrace failure as a learning opportunity that can ultimately lead to greater success.

Remember that success comes with a cost. Most people never become successful because they’re unwilling to pay for success' price. Are you looking to dominate your life both personally and professionally? Look no further. in my mini-course called Success Principles, you can learn the 10 Key Principles practiced by the world's Peak Performers. Learn how to easily apply these success principles and multiply your success with ease. Don't wait to take your life to the next level - get your hands on this valuable resource today!

Success Principles mini course

Don't let fear of failure hold you back - if you're feeling stuck and unable to move forward, consider bringing in outside support and guidance to help you overcome obstacles and achieve your goals. With the right help and resources, you can conquer any challenge and reach new heights of success.

Do you need a coach or an accountability partner to reach your full potential? Feel free to send me a message for a one-on-one coaching session. 

Wishing you success,

Cecille 

Goal setting is the true secret to success in any area of life. But although setting a goal may seem simple, achieving it is usually another question altogether.

Why is that?

Because you will never achieve your goals unless you: (1) know exactly what you want, (2) are passionate about your goal, and (3) have a solid, realistic plan of action.

This is what marks the difference between nebulous dreams and wishes - and truly achievable goals!

live your dream

 

Many obstacles and challenges will fly right in your face when you're going after a goal. Here are 5 time-tested methods that will help get the success you deserve.

1.Know exactly what your goal is

 Your first job is to discover exactly what your goal is. What will achieving that goal really look like? Be as specific as possible about exactly what your desired end result is. Your success will be a measure of your clarity - since an achievable goal plan cannot be created around a nebulous "dream." 

If your goal is to create a more successful business, what will that look like? Are you thinking in terms of simply hiring someone else to give you more free time? Are you looking for a very specific monthly profit?

Or can your goal be best expressed in terms of a certain lifestyle? Regardless of what you want, the best way to get it is to first clarify exactly what you want in as much detail as possible. This can be hard work. But without a clear mental picture, you'll never have the focus required to achieve your goal.

2. Be willing to pay the "entry fee"

Success takes dedicated planning and effort. In a way it's like building a house. In the beginning all you have is a rough concept. Then you develop a complete set of plans - and you immediately move closer to success. The same is true of creating a better lifestyle, or a more successful business. But there's always an *entry fee* to be paid for success.

The entry fee? Creating more success in your business may mean less recreational time. Writing your own book may require less TV. Being closer to your children may require adjusting your work or social activities.

It's the "full glass" deal. If your life (your time) is already full to the top, there's no room for something new. The entry fee is carving out the time to create something new.

3. Focus on your goal every day

I'm sure you probably want to achieve your goal as fast as possible. That's why clear mental focus is so very important. Consistent daily focus is absolutely necessary to "burn in" the new neural pathways you need to create your new goal.

Without daily focus, the old mental habits that have kept you from your goal will continue to take over. This happens automatically - since these old habits replay 24/7 deep in your subconscious mind. The only way to override subconscious anti-success messages is to consciously focus on what you DO want - and build new neural networks!

That's why success is an everyday event. Recommit to your goal every day. Don't let your goal take a back seat to the daily tasks and distractions that will try to take over. Life WILL try to get in your way. Just get, and stay, on course every day. Focus on your goal, and on success!

4. Get passionate

One of the most powerful tools in your "success tool box" is having real passion for your goal. Why passion? Because intense passionate desire for your goal will help you burn in those new neural pathways even faster.

Many, many scientific studies have shown that intense emotion (passion) is a key success tool. PLUS (and this is really a *big* plus), intense passion will also help you rapidly override any inappropriate old "failure messages" stored in your subconscious mind.

5. Take consistent action

In many ways, actually taking action can be the most difficult step. Successful goal achievement is built by taking one small action after another. The word is ACTION! If you commit to take at least one small action each day, your actions WILL add up and make a difference. So avoid sitting back waiting for that big second when everything will magically "just happen."

BONUS: Are you stuck in your business and your SMART goal has never jump started since last year? Maybe you need an entrepreneurial coach who will partner with you from where you are right now to where you want to be. Or maybe you need an inspiration to start moving forward, whichever applies to you, I got you covered. 

Choose from my short courses online by clicking this link or work with me as your personal coach. 

Remember, you CAN create whatever you want in life. The secret is to determine exactly what you want, then pursue it passionately. But remember -- in the end, only action counts! You can't just dream about it! You have to DO IT!

To your success,

Coach Cecille