Coping with Failure: Handling the emotional challenges associated with business failures or setbacks.

As a business leader it is guaranteed to happen.

Something doesn’t go your way.

You use time, energy and money to create something, and it falls short.

Sometimes it doesn’t turn out at all the way you’d hoped.

Then the inevitable mental spiral starts.

“What a waste of time.”

“I can’t believe I worked so hard on this.”

“What was I thinking?”

“That was such a failure.”

Maybe all the way to… ”I am such a failure.”

Which can then lead to beating ourselves up and feeling guilty.

This is a common UNconscious pattern.?

It often causes people to lose momentum and get stuck ruminating on the “failure.”

So how can you avoid getting stuck too long or going too deep into a negative spiral??

Shift your definition of failure.

One of my favorite teachers, Dr Demartini says, “You can see it as IN the way or ON the way.” The choice is yours.

Failure is feedback.

You can choose to look at the so-called “failure” and say, what can I learn from this?

What mistakes can I avoid in the future?

What is this teaching me?

What systems can I put in place to actually fail FASTER so that we learn quickly and spend less wasted time on something?

Some of your most valuable lessons can be learned from looking at your failures.

When you view it through the lens of learning and feedback, you also reduce the emotional load, thus minimizing the negative impact.?

As you look back on the year, what learning is waiting for you hidden in your “failures?”

Rooting for you,

-David

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