I have clarified
earlier in the blog that says “success
begins with failure”, where I discussed how failing to get something you
want could lead you to invent something new. But, acknowledge that if you don’t
have an entrepreneurial mind, then you will more likely ask them to customize
the product for you. For example, if you’d enter into a hamburger restaurant,
and you’d want something they’d normally lack, you could ask them to do it the
way you want it.
This is a useful
method when it’s better than starting a business based on an insufficient customizable
need. Failure of thousands of businesses and our world becoming too complex for
obtaining a substantial business establishment depends on how to bring a lot of
things together. Some people have faith in acknowledging that trying to succeed
with something that failed multiple times is stupid.
They’d advise
you to be realistic, and try something else. Some people beliefs that the best
action is to let go. This is based on statistical analysis that emphasizes on
failure. They are all correct. Historical figures have gone through the same
failure you have. Thomas Edison, a well-respected inventor tried more than ten
thousand times to bring the electric bulb into the technological branch.
If we empathize
with how he felt after the first 100 times, we could speculate different perspectives
about his feeling. When we empathize after failing the first thousand, then it
would be close to impossible. I can speculate that he probably felt like he was
alone, became a laughingstock and went through a lot of other things. If he
should explain the pain he went through in his own word, we will analyze it. But
in the end, he created the electric bulb, which people are still benefiting
from today.
Other highly
innovative companies have experiences in failure. A highly productive and
innovative company was just about to fail, when it decided to relocate its
resources and shift to something more broadly in the technology branch. This
led to its success. When we want to accomplish something, there will be
challenges. The funniest thing about challenge is misinterpretation, especially
when we mistake them for failure.
For example,
we’d want to launch a successful business. However, the first month very few
people actually buys from us, which continues until we’d fail. When we’d
analyze, we might blame other people, competitors, market and so on. But, none of
them are at fault. The right question becomes how do you measure success? Did
you expect that once you’ve launched the business, people will start coming to
you? Why would they? When we’d ask these questions, we should also seek answer
outside of the product.
It could be the
added-value to what we are selling. Use those answers to develop better and
improved strategies, because that failure is actually part of the success. To
me, when I fail at something, I ask a question, what did I do wrong? The
earlier I assess the process of any project, the less are my chances of
failure. It is easier to take action before failure.
In conclusion, when you assess what you did
wrong (arguably that Thomas Edison asked the same question), then your chances
of success increase. The moment you accept failure as something negative, that
is when you’d fail. But, when you embrace the possibilities and put it where it
belongs, you can easily allocate resources to places where you can succeed,
even though you know the possibilities of Failure.
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