Do Mistakes Mean Failure?

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What is a mistake? And how as entrepreneurs do we move past each mistake we make in our business? How do we avoid mistakes, mishaps, and inevitably failure?

The dictionary definition of a mistake is an action or judgment that is misguided or wrong. Is it possible to build a business without making mistakes?

Well, to be honest, it isn’t likely you will build a successful business without hitting roadblocks, mishandling situations, or making the decision that ends up harming your business, but there is only one mistake that you cannot come back from. Do you know what that mistake is? Giving up! Not trying! Not pushing through the small mistakes and misunderstandings that occur every day in business.

From a very young age, we are told not to give up, to push through, and work to the end, but no one shows us how. When a mistake happens and the initial pain and shock set in we know we are supposed to keep moving, but how? There are three secrets to pushing past the mistakes that happen as you navigate through the world of business.

Number one: Be Sold On Yourself

Do you genuinely believe in yourself? I’m not talking about trust fall belief; I am talking about going all in, jumping off a bridge because you know you can make it belief. If you are one hundred and ten percent sold on yourself, the mistakes look like nothing to you. That is all mistakes are, too, small speed bumps in the road that may slow you down, but if you believe in yourself no speed bump can stop you for a second. Before you try to sell others on your product or service, make sure you have sold yourself, and you believe in what you are doing.

Number two: Emotions are for the birds

When you are making a decision, it is easy to let emotions cloud your judgment. Decisions made when you are happy or feeling down can alter the choice that you make. While most people believe the best time to make a decision is when you are always winning, the best time to make a decision is when you are coming out of a slump. This point of decision making comes right after a “win” after a time you felt like you were down. The reasoning is you are still cautious, but you also have confidence given from that win. If you feel like you have made a mistake, the best thing to do is to calm down, wait for the initial shock to pass, and make your decision based on where you want your business to go from where it is in that moment.

Number three: Follow the footsteps

The easiest way to overcome mistakes is not to make as many! I know that sounds odd, but seeking counsel from someone who has already done what you are trying to do will allow you to hear the mistakes that they already made. That is why asking for council; not opinion, is so important! Going to people who haven’t been where you want to go will only give you their advice; this comes from fear, excitement, or societal expectation. Council comes from experience and knowledge from making the mistakes that you are trying to avoid. Finding someone who can guide you and give you the experiences and skills you need to gain success is the best way to move away from the mistakes you can make.


Stephen Dela Cruz

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Stephen Dela Cruz is a best selling author, speaker and serial entrepreneur who specializes in helping budding entrepreneurs double their income in their first year. He’s built several 7 figure businesses and in his online school, The Mastermind Experience, he shares strategies around time and money management to help beginning entrepreneurs soar. You can see more about Stephen on his website and follow him on his Facebook page.