Donny Deutsch had a great topic on The Big Idea last night – adapting and surviving.
If you want to make it big in business, he says, you must learn how to adapt and survive.
I was reading a little more about the idea behind success in business meaning and one article I read stated that those who fail and then get back up and start again tend to view failures differently. In fact, perhaps they don’t view what they have done as a failure at all but simply a misstep.
For instance, someone decides that they are going to make custom jewelry pieces out of glass. They create the designs and go to their first show. Nothing sells. People complain about the prices. They say the pieces aren’t unique enough.
The person then has two choices. The first-to go home, pack it up and count their business venture as a failure that can’t be rectified.
The second choice is to go home and makes changes. Listen to what people have said. Lower prices, design different pieces that fit what the consumers were requesting. Try again. Listen to more advice. Make more changes. Ultimately, perhaps, they succeed. They viewed the first show not as a failure but as a way to figure out what needed to be changed in order to make the business grow, and then they made those corrections and ventured out the door again.
Millionare businessmen did not quit when they made a mistake. Instead, they rectified the problem and went back on the streets to fix it.
You won’t succeed if you quit when you fail, or if you look at each misstep as a failure.
Remember, failure only happens when you give up, so you can’t fail if you keep trying.
Here’s to a successful day – and business!