HOW TO HANDLE FAILURE IN BUSINESS

October 8, 2024

HOW TO HANDLE FAILURE IN BUSINESS

This blog is for entrepreneurs who want to learn how to handle failure in business.

First things first, failure is something you do, it’s not who you are. So right off the bat, I want to invite you to stop saying things like “I am a failure” especially in the privacy of your own mind.

Failure is actually a vital part of the learning process. Every single time you fail, you learn how to do things differently & you learn what not to do. Failing is how you learn to create your success.

I jokingly tell my clients that I am the queen of failure. I’ve been running businesses since I was in my 20’s. I’ve failed at running a tea company, an apothecary, and a greeting card company.

I remember the time my uncle paid me $500 to make Christmas cards. I was 24 and I was THRILLED to say the least.

I’ve failed at saving money, hiring the right accountants, or charging the right prices.

I’ve failed at marketing, shared too much , shared too little, and upset my family members.

I’ve also succeeded at growing my coaching company.

Here’s what I know: every success was built on a pile of failures.

The more you’re willing to fail, the faster you’ll succeed.

You might be looking for another strategy to hit your goals, but what you really need is to fail more and fail bigger.

Your impact & income goals are right behind your willingness to fail at your next big move.

Maybe you’re waiting for the fear to go away before you take massive action, but the truth is fear is part of our biological makeup. It never goes away, and therefore what we can do as entrepreneurs is take action with the fear.

I can teach you how to do this so you can hit your goals this quarter. Begin your work with me by booking a free call HERE.

About the author 

Priya Ferrie is a coach & mentor for leaders & visionary entrepreneurs. Priya is a trained homeopath, certified coach, and a graduate of Mcmaster University.  Priya is obsessed with her two dogs and organic french pressed coffee.

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