There is no doubt the recent COVID-19 pandemic made most of us realise how important times of adversity are to your journey in business, family and life. Failure, as much as it hurts, is an integral part of learning to achieve our dreams. Taking risks and failing makes us into who we are.
I’ve had more failures than I like to remember. Some completely altered my relationships with people, devastated my finances and probably impacted my mental health and general well-being. I can’t say that I particularly enjoy failing, but through its life-altering lessons, failure makes us into better people as they guide us through life. Understand your passion and strengths.
How you feel will determine how you think, which will determine the actions you take.
- Reassess your fundamental values of family members and employees.
- Refocus your future direction in line with your aspirations.
- When a million things can bring you down, keep looking for reasons to keep you up.
- Be on guard to stop negativity while controlling any fear you might have.
- Avoid negative people. And the people saying, “I told you so”, behind your back.
- Feed your mind with new ideas and opportunities, and feed your body well.
- Find and engage an advisor with practical knowledge and experience.
- Prepare a new Business Model and Business Plan, don’t start without them.
- Put all the business basics in place, be creative and innovative.
- Help you family members and employees become action-orientated. Start making things happen.
- Monitor what is happening. Know what’s working well and what isn’t.
- Take time out to celebrate your successes along the way, even the small ones.
When you have a failure, find a nice place where you can relax. Then take the time to think, reflect and plan your next steps. Then take massive action because it’s like moving a heavy vehicle. Once moving, it becomes easier to make progress.
“I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I have been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed”. Michael Jordan
“Work on your family relationships endlessly. Take care of employees, friendships, if you hold people close to you; it stops the worrying”. Peter Sergeant