The Truth About Failure and Why You Should Embrace It.

FAIL is not a four-letter word. Well, okay technically it is a four-letter word.   Up through my late twenties lived in fear with the notion: To fail is bad.

I have great news:

Failing is fantastic! And it’s time to embrace it!

I’d be lying if I said I’ve never been afraid to do something, try  something new, or put myself out there. In fact, I still get that feeling of fear when I push myself outside my comfort zone.

However, I have learned two things that have help me redefine the way my brain processes fear:

1. Fear is triggered by the feeling of the “unknown”

Yes it’s a chemical response that is triggered in the brain to protect us sustain life. So it’s natural that the unknown causes the sense of “fear.” They key is to train the brain that the particular thing we fear “like public speaking” won’t kill us.

2. Fear = Challenge and the opportunity to grow and learn.

Success is inevitable no matter the outcome of the attempt. I am pretty sure the first time a person played with and created fire that someone got burned. But in getting burned we have developed numerous apparatuses to manage, utilize, contain or extinguish fire without burning our selves.

The entrepreneurial culture has always been characterized as one in which the key stakeholders fear to fail in their business endeavors. However, those already in the field as well as the anticipating category of entrepreneurs should venture to understand the concept of failure and its associated implications in the business atmosphere, when it is not dealt with as appropriate as it is expected. Therefore, the core mandate of this article is to give this much-needed entrepreneurial limelight, which if properly observed, can lead to stability of business enterprises. The following are some of the truths concerning failure that entrepreneurs need to embrace.

Business success emanates from failure

Failing in the business s arena is always known to be the pacesetter for good results in the future. This is mainly because, when an entrepreneur first settles on a project to be done, it is important that he/she get an in-depth experience on what the requirements of the project are, as well as the correct mechanisms of executing the selected business scheme. This is sometimes acquired through trial and error, whose ultimate consequence is gaining experience thorough failing one or two times. Thus, failure is the centerpiece of success.

Curiosity may result in failure

All entrepreneurs are curios by nature. The enthusiasm they possess is the driving force behind their bid to pursue greener economic pasture that cannot be provided through employment or any other form of service delivery. As a result, they come up with decisions that may be ill advised, due to that urgent urge to try out new ideas. However, their attempts are not always guaranteed of better outcomes, since failure may be on their side. This illustrates how curiosity can result in failures in the entrepreneurial sector.

No entrepreneur aspires to fail

The primary role of entrepreneurs is to reap maximum profits as possible. Similarly, other stakeholders such as vendors, lenders and customers possess a significant interest in your success as an entrepreneur. Due to this fact, there is a need to create a reputable relationship between these categories of people, translating to a wave of success for all parties.

There is a distinction between failure and quitting

For most entrepreneurs the general perception is that the fear of failure encompasses one being perceived as a quitter from the business environment. However if an entrepreneur as exploited all the possible mechanisms to no avail, then one stands a better chance of being respected as compared to those who are observing from the business periphery.

Each of the encountered failures gets easier progressively

The pain undergone in the first set of failures, regarding the entrepreneurial merchandises is far much greater in comparison with the other successive failures that may result in due course.

Failures serve as assets

In the wake of various questions arising, the “what if” scenarios provide fundamental tools for the entrepreneurs to have a firmer understanding on how to run businesses as well as prior information on how to avoid making common mistakes.

Whether you are an entrepreneur or not, allow yourself to grow and change your relationship with the four-letter word:  FAIL.

Just say out loud to yourself:

Failing is fantastic! And it’s time to embrace it!