Failure is an important part of success. Why, because failure is normal and learning to see the loss as a source of opportunity is crucial.
Graham Stanton, president of Peloton Cycle explains, “If you aim high, failure to some extent is going to be unavoidable, and a total lack of failure only shows a lack of ambition. Failure is always an opportunity to learn from.”
Yes, I understand that you don’t want to fail. That failure, culturally, is seen as a sign of weakness but that popular belief is epically incorrect. I avoided any lack of success at all costs. Worse I would hide my losses and rarely did I take ownership.
My poor judgements cost me precious learning opportunities and I don’t want you to experience that type of loss. What I need is for you to fail with a mindset on growth, here are four steps to help you turn failure into an opportunity:
- Do a retrospective. Being able to perform an analysis on the how and why you failed is crucial.
- Accept failure as a given. Whenever you begin a project tell yourself “This might not work.” That statement will force you to view loss as a possibility for success.
- Take ownership. When you fail don’t blame someone else. If it’s your fault own up to it.
- Walk off the frustration. You make poor decisions when you are upset. This is the best time to take a break, walk off the frustration so you can tackle the issue with a clear head.
The next time you set a goal and do not achieve it run through these four steps. You must learn from your setbacks and make the necessary adjustments until you succeed.