5 Dos and Don’ts When Starting a Business With a Friend

Making a mistake on a spreadsheet; getting the marching from your job; or choosing the wrong career path. Failure, in many variegated guises, impacts every single one of us at some point, plane the most successful of us.

Ever heard of the old saying, “form is temporary, matriculation is permanent”, and failure can be just that – temporary. In fact, I know from my own journey that with the right mindset and attitude, failure can wilt the very thing that pushes you to greater things. 

It’s really all well-nigh reframing what you think you know well-nigh failure and recognising that going two steps forward and one step when is an often-necessary full-length of the path to success. 

Obviously, this is rather easier said than done. Our culture rewards those who strive for perfection, but as we all know, perfection doesn’t exist, so why hold yourself to such unrealistic expectations? 

It’s not well-nigh deciding what do if you are to fail, but rather knowing how to respond when you do fail.

Five Ways to Wilt Firm Friends with Failure:

#1: Understand the Cause

To winnow your failure, you must have the valiance to stand and squatter your fear. Never underestimate how important this first stage really is. It’s a natural human reaction to struggle to turn your when on uncomfortable situations and emotions. Without all, we have all made a mistake and tried to situate it under the sand, pass the buck, or make excuses. 

However, if you really want to grow and embrace failure, this just isn’t an option anymore.

In the firsthand produce of something going wrong, don’t snooping yourself with trying to repair a mistake or who might have been unauthentic by it – first and foremost you need to understand what went wrong.

Own up, and rather than vibration yourself up, realistically assess the outcome of your misstep and why you unliable it to come about. It’s crucial to do this surpassing anything else.

#2: Take Ownership

Once you’ve unswayable the how’s, why’s and what’s of what has gone wrong, and how you might prevent this issue in the future, it’s time to take ownership. 

Whether you’re an employee or a merchantry owner, everyone in that organisation will want you to summon the maturity, valiance and strength of weft to say that something hasn’t quite gone the way you wanted it to. 

This doesn’t need to be a long-drawn-out process. It’s as easy as sitting lanugo with your colleagues, or plane by yourself to examine why your start-up failed, why you forgot to send that important email and most importantly, what you’re doing to make sure it doesn’t happen again.

“There is no such thing as failure, there are only results.” – Tony Robbins

#3: Learn Your Lesson

Learning from your failure is the key speciality to making peace with your yourself. When you rearrange your thought process, you can requite yourself the space to turn failure into opportunity

Think well-nigh any unconfined victory in your life – that promotion, ownership your first home, or having children – each and every one of these required a unrepealable speciality of waffly the way you think, particularly the later. 

The same applies to when you make mistakes – without all, what’s the point in hammering yourself for something that is inherently human? And that’s all mistakes, and ultimately failure really are.

Once you’ve looked at yourself in the mirror and you’ve wonted your fate, vow to learn something from it. 

Before pressing superiority though, requite yourself a pat on the back. While, yes, you’ve made a misstep somewhere withal the line, gloat the fact that you’ve learned something new on your journey.

#4: Move On

Quite often, it’s not the mistake itself that causes the damage. It’s the lasting impact of not stuff worldly-wise to manage your guilt and regret. 

Do not indulge the wits of failure to mar your future; don’t let it pinpoint your life and how you interact with the pursuit of success. Replaying your past repeatedly and wishing things had been different, will solve nothing.

Life isn’t fair, it never has been and never will be so; never fall into the trap of feeling as though you’re a victim, you’re not and it’s important to come to terms with that and move on.

Forgiving yourself is the most important part of embracing failure. You will slide into the victim trap if you cling on to those memories as a negative experience. Instead, continually remind yourself of what you learnt during this time.

#5: Share Your Experience 

Sharing your experiences well-nigh what you’ve learnt with those virtually you is unconfined way to free yourself from the shackles of failure. Having said that though, it’s important to frame your narrative in the right way, no matter if you’re speaking as an employer, employee or plane as a friend.

Don’t tow the usual line of, “Jeez, I’m so stupid, guess what happened to me a few weeks back.” Don’t requite yourself the opportunity to fall into old habits and requirement when your own narrative. 

Lead the story with your newly found viewpoint, “Guess what happened to me a few weeks back. It was a tough day, but I really learned a nonflexible lesson.”

By telling the story in this way, you can incorporate each of the five points we’ve talked well-nigh in this piece.

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