Why Failure Is Good For You And Your Business

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Failure has so many negative connotations for most people. However, failure can and, perhaps, should be viewed as a positive thing! Why do I say this?

Well, if you look at every successful person in history, they’ve all – without exception – failed many times before they achieved what they’d set out to accomplish. And each time, they saw the lesson from that failure, learned from it and started again.

Chalkboard, "Never a failure, always a lesson."

What did you learn from your failures?

Perhaps the best example of this – actually, my favourite example – is Thomas Edison, the man attributed with inventing the electric light bulb. It, apparently, took him over 10,000 failures before he perfected it! Doubtless, he received more than his fair share of ridicule from naysayers who were all too eager to remind him of his failures, telling him it was impossible and to quit making himself look stupid.

His answer?

“I have not failed. I’ve just found 10,000 ways that won’t work.”

And, when interviewed by Napoleon Hill, author of Think And Grow Rich, he reportedly said that he, “had to succeed when he did, because he’d run out of ways not to do it.”

And this is a key point. If you keep on failing, and failing, and failing, eventually you’ll run out of wrong ways to do whatever it is you’re seeking to achieve and the only way left will be the right way!

Another way to look at failure is a lesson in how not to do it – whatever it is that you’re endeavouring to achieve.

Here’s a great quote from actor, Gary Busey:

“You know what ‘FAILING’ stands for? It stands for ‘Finding An Important Lesson, Inviting Needed Growth.'”

So, next time you fail at something, stop and ask yourself, “What’s the lesson in this? What can I learn from this that will enable me to succeed next time?”

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Who Is Jae-Lex Linsey?

Jae-Lex Linsey has worked with business owners, guiding and supporting them with their branding, since 2008. In that time, he has built a reputation for producing results-driven solutions, with precision and excellence.

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