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Growing Your Wealth Exponentially

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BY JAMES OH

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LETTING GO AND MOVING ON BY JAMES OH

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MINDSET SHIFT: EMPLOYEE TO ENTREPRENEUR

MINDSET SHIFT: EMPLOYEE TO ENTREPRENEUR
BY JAMES OH

Thursday, December 10, 2009

HOW TO PROFIT FROM FAILURE

Hi! everyone,


Failure  is a relatively and loosely used term without a precise meaning. Why I say so? This is because in reality, every thing is not stationary at any particular point permanently. Therefore, what we see is at a particular point of time during our journey.

If we are not careful, we may let this powerful negative vocabulary manipulate our mind to believe that we have truly failed and that may lead us to give up.

Therefore, we need to stay in control and conquer failure. In short, how can we profit from failure?

1. Accept the true fact
Doing is the first step towards failure. The truth is that doing does not guarantee success. However not doing anything definitely means no success. How to ensure success? My answer is keep on doing and doing it better the next time. Then the success will be yours. Simple, right?

On the other hand, laziness is the companion of failure. Often, people give up or are lazy to try harder to find a better solution than what was done. It is insane to expect something different when we continue doing something in the same manner. Here, I love to make a comparison between carrying water bucket and building a pipeline. For the former, he is working successfully because he has water daily after his return trip from the well.

Whereas the pipeline builder may appear to be not working, from the planning stage, preparation work till completion of the pipeline from the bystander's point, who does not have any clue as how the pipeline looks like. The builder can not claim success until water really flows from his pipeline.

2. Prepare to pay for the price
The bigger the success the higher the risk. It is more likely proportionate to the rate of its gravity. Anyone who desire to achieve something significant had to overcome the odds. For successful person, what they really care is the success itself, and not the odds. Always remember that if you don't succeed, then you should realize that you are running on average speed. So, what is important is that you have to accelerate your speed.

3. Let failure shape you
Failure is the root of success. So, do not feel hurt when you failed. What you should do is to let  failure lead you to success. From failure, you will know that this is not the right way. you should eliminate it and try other ways until your plan really works. Here, you can only profit by adjusting or altering your approach until you achieve your destination.

Alternatively, you may stick to the cause and find different products which suit other communities. As society grows more diverse, it is also right to say that the chances of achieving  success is even higher.

4. Never quit
Quitting is the easiest way to ensure failure. Otherwise, failure does not mean that you will not succeed. It simply means that you will take longer time to succeed. For further illustration of the above example, so long as you have not seen water flowing out from the pipeline, you have not achieve success despite the fact that you are on the way to claim the success.

5. Have the right perspective
Success is a journey, rather than a destination. So is failure. No one, no matter how successful he is, is exempted from failure. As such, it is a daily process, and not a one time event. In reality, it reflects how you deal with life along the way. True, everyone makes mistakes, but it is too early to conclude that you are a failure until you breathe your last breath. Truth will prevail in time. So long as you are still in the process, there is still time for you to turn events around. To have the right perspective, always remember that it is not the end yet.  Do not submit to it and never give up and permanently rest in the house of failure.

Give the tips a serious thought and please share through comments or email me at jamesoh2003@yahoo your experience as how you overcome it. I  love to learn from you and look forward to hearing from you.

Thanks for your precious time and wish you success,

James Oh
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