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How to Fail the Right Way

How to Fail the Right Way

How to Fail the Right Way One of the main reasons why people who try to make money online end up failing is because they are scared stiff of the concept of failing. Failure is this big ugly word that they would rather not hear. It’s a concept they want to run away from; it’s a concept that makes them sick to the pits of their stomach.

 

If this is how you respond to the concept of failure, I have some sad news to tell you: you are responding like 90% of other people out there. This is natural, but unfortunately, this response will lead to total failure.

 

You have to understand that if you want to truly succeed in making money online, or offline for that matter, you have to look at failure at the right context. You have to look at failure with a fresh set of eyes. In other words, you have to change your mindset about failure. Instead of asking, “How can I avoid failure?” maybe you should be asking yourself, “How do I fail the right way?”

 

Here are some common techniques that highly-successful people learned from their failures. As the old saying goes, “Failure is the best teacher.” Instead of running away from failure and using up all your emotional and financial energy trying to defeat failure, focus instead on trying again and again and again, with an eye towards failing the right way.

 

Be Clear About Why You Failed

To turn failure into success, you have to turn every failure into a learning experience. The problem with most people who have tried something and failed is that they are very unclear as to why they failed. They just jump to the conclusion that they failed. They didn’t write down any notes, they didn’t map out their emotions, they didn’t come up with a sequence of events, they didn’t write down the timeline, they didn’t do any inventory of all the different factors that were in play.

 

They just said to themselves, “I failed. I didn’t make any money. My partners ran out, my customers got mad. I failed. Well, if that is how you are going to look at the project that didn’t pan out, it’s going to be very hard for you to turn that setback into a success.

 

You have to understand that success needs a map. Success needs a sequence. Success needs a timeline. These are the things that you get when you study your failures very closely.

 

You have to understand that failures are not curses. They are learning experiences. Just as you need pain for you to grow, in many cases, for you to reach your highest potential in online or offline business, you need to be challenged by certain situations where your expectations didn’t come to pass.

 

Failure is all around you. It’s just a question of how you’re going to deal with it, so that you can turn it into success. Being clear as to why you failed is definitely a key ingredient of turning defeat into victory.

Identify What Worked

The good news is, just as there are many things that go wrong when you fail, there are also certain things that went right. It’s too easy to feel depressed and defeated. It’s human nature to just focus on the stuff that went wrong.

 

However, for the most part, there were a lot of things that went right. Identify them. Write them down. Be clear why they worked, and the way they did. Use these notes to build success on the things that worked. This can also shed light on the things that did not work.

Build On What Works

Failure is not an option it's an opportunityIf you had a flat tire, is it your instinct to puncture the three other tires in your car? That would be absolutely crazy, right? That would be absolute madness. That doesn’t make any sense at all. Well, that is exactly how people are responding to failure when they quit.

 

When you catch a flat tire, you fix the flat tire and you keep going. It’s the same way with your projects. If your project fails to make money or hits a snag, it doesn’t mean that you just give up. It doesn’t mean that you’re a failure, you’re a loser, and you better quit, no. You just keep going.

 

The good news is that there’s a lot you can build on. Just as in that flat tire scenario that I described, there are still three good tires. Only the fourth tire is flat. Fix the flat, and build on what works. Do you how this works? Three are working. Build on them.

 

Focus On Learning From Your Failure

I know this might seem like it’s redundant, but I cannot say it enough. When you fail, you’re not just learning lessons regarding money management, how to handle people, how to handle opportunities, and how to service your customers. You’re learning about things that go beyond these topics. While these topics are very important, you have to focus on learning more about yourself.

 

When you are faced with a challenge—for example, you spent all your money on a business opportunity and it didn’t pan out; now you’re basically looking at bankruptcy right in the eye—you have two choices: you let the experience defeat you and you walk away with a definition of yourself as a loser or somebody who’s just unlucky; or, you can choose to learn more about yourself, and use this failure as a defining moment that allowed you to become more self-aware.

 

In many cases, I would venture to guess, 9 out of 10, the only person that could defeat you is you. You have to give yourself permission to succeed. Maybe it’s your mindset, your negativity, your lack of imagination, or your tendency to blame other people.

 

Whatever it is, you need to be aware of those when failure enters your life. By focusing on this deeper level of learning, you are laying out the groundwork for sustainable and powerful success in your future.

 

Separate Your Emotions from the Process

Let me ask you a question: Have you hammered nails in your life? Maybe a couple of nails, or three nails. Maybe you hammered nails into a board, maybe you hammered a plywood, or maybe you hung up a diploma on your wall. Have you used a hammer and some nails?

 

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I would guess you have. But I would also guess that you wouldn’t call yourself a carpenter. Just because you hammered a few nails or maybe put up a board every once in a while doesn’t make you a carpenter.

 

The same goes with failure. Just because you failed and things didn’t pan out, or you put things in motion and things didn’t work out according to what you expected, doesn’t mean that you are a failure.

 

A failure is very different from somebody who failed. A failure is somebody who is incapable of succeeding. A loser is incapable of winning. The problem is, most people who hit a wall with their online business automatically, at some level or other, say, “Well, I’m a failure,” or, “I’m a loser.”

 

If you respond to challenges that way, you are letting your emotions get the most of you. Whenever there are emotions involved, things get worse than they normally would. It’s like throwing gasoline on charcoal. It’s a bad idea. Don’t let your emotions get in the way. Separate your emotions from the process.

 

The disappointing experience that you just had is not a judgment on your value as a person. It’s not a judgment on how good of a person you are and your potential as a human being. Don’t think that this failure defines you.

 

Remember, one of the most important powers you have as a human being is your power to define yourself. Don’t even define yourself as a failure or a loser, because you’re going to live the life of a failure or a loser. You have a choice. You can either choose victory, or victimhood. It’s always your choice.

 

Focus On the Big Picture

Fail but right In many cases, a lot of the great inventions in life were purely accidental. The original intent for these inventions failed. Did you know that the zipper was originally intended for transportation or something related to cargo? Did you know that Alexander Fleming, the scientist who discovered penicillin, put away his work after discovering  that compound? You have to look at the big picture. You cannot say, “I failed.”

 

Another good example of this is Gregor Mendel, the father or statistics-based genetics. This monk did some simple genetic forecasting using plants, and his work was obscure. If he was emotional about it, he would say, “Well, I’m a failure.” But when you look at the big picture, Gregor Mendel’s work paved the way for modern genetics. A failure to success 😉

 

You have to understand that your disappointments are just pieces of a bigger picture. Focus on this bigger picture. Focus on the victory behind that big picture.

 

I mentioned all these things to remind you that you have greatness locked within you. It’s too easy to forget that you have the capacity for greatness. We all have the capacity for greatness. Unfortunately, we let ourselves defeat ourselves.

 

It really is a choice. If you look at the habits of highly successful people, you would realize that they think differently. When they are faced with challenges, they go through different processes. The good news is that you can learn to think that way. You can choose to think that way. Nobody’s pointing a gun in your head and forcing you to live far below what you’re capable of achieving. Nobody’s forcing you to feel regret about the shots that you didn’t take earlier in your life because previous setbacks discouraged you.

 

There’s always time. There’s still an opportunity after your failure. Grab life by the horns. Make it work for you. Life is too short to continue to beat yourself up. Always look ahead. Unlock that sense of possibility that’s in your heart.

 

Marco Moeschter

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