When you think you have it all figured out and have made all mistakes you need to make to learn, something will challenge you again and test your confidence. (I’ve been an entrepreneur all of my adult life and I’m still making mistakes, and plan to keep making them. Once I have it all figured out I get bored.) Making mistakes, turning them into challenges and then overcoming those obstacles in business is extremely rewarding. There is nothing that can challenge, motivate and build your confidence faster.

Mistakes and challenges are going to occur anyway, so sooner you learn from them, sooner you will become more successful in whatever you do. Most people tend to reach conclusions about success, but until success is compared with failures – people don’t truly understand whole story of how business works.

Why Don’t They Teach Failure In School?

Failures tend to disappear from business education curriculum? Information about business failures is often scarce or ignored completely, yet it is inevitable. On other hand, information on successful companies and their success strategies is in generous supply.

Companies that pursue unsuccessful strategies either change their business strategies or they go out of business. A successful company is described as having used visionary management and innovative marketing strategies while a failing business is accused of poor business management and overall bad business skills. So why don’t we teach future entrepreneurs more about failure? Wouldn’t that save us a ton of money from mistakes that could have been avoided in first place?

Can you imagine telling your banker to add an additional $20,000 for mistakes that you plan to make in your new business venture? They would think you were crazy. Yet that is exactly what is going to happen while you develop business. You simply must make mistakes to see what works and does not work to attract new customers. It is necessary to make mistakes as any business grows. The reason why franchises have a larger success rate than independent company start-ups is because they have already made many of mistakes and systemized business around avoiding them in future. For most part, franchises come with proven success systems that were created out of learning from past mistakes. So mistakes can indeed be good for business.

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Debbie Allen is an international professional speaker who has presented in nine countries. She is a well-known self promotional marketing expert and author of four books. Her expertise has been featured in Entrepreneur, Selling Power and dozens of other national and international publications. Her award winning book, Confessions of Shameless Self Promoters has been published in four countries. Download a free chapter of this insightful book, sign up for your free online marketing newsletter, and check out Debbie’s dynamic presentations at www.ConfessionsofShameless.com

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Beach Access Software Rocky Smolin e-mail protected from spam bots

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