Failure – Friend or Foe

Failure. The dreaded word that we’ve been taught to fear since childhood. For most of us it started in school, do well on your test and don’t fail! As adults, we are programmed to think that failure is the worst possible thing and should be avoided at all cost. The fear of failure or loss for most people is greater than the desire for gain.

That’s why so many people are stuck where they are, and not able to move forward. But is failure really the worst thing that can happen? Of course not, the worst things that can happen is quitting or giving up. But what about when things go wrong?

The short term failures along the way? Listen- it’s part of the process on the road to success. If you’re not having a fair amount of setbacks and failures along the way, you’re probably not trying hard enough.

We know the statistics, that 4 out of 5 new businesses ‘fail’ within the first five years. But do they really fail? Or did they just give up too soon? I’m sure you’ve heard the story about the uncle of R.U Harby. Harby’s uncle had gold fever, so he staked his claim and started digging. After a lot of hard work, the uncle found a vein of ore.

He covered up his find and returned home to raise the money for the machinery that he would need to bring the ore to the surface.They raised the money and Darby traveled with his uncle back to the site to make their fortune.

Things started well and before long, they had enough to clear their debts. They were excited, everything from here on would be profit and things were looking good.Then the supply of gold stopped. The vein of ore had disappeared.They kept on digging but found nothing.

After a while, they quit in frustration and sold their machinery to a junk man for a few hundred dollars. After they went home in disappointment, the astute junk man called in a mining engineer who checked the mine and calculated that there was a vein of gold just three feet from where Darby and his uncle had stopped digging.

The junk man went on to make millions from the mine.

Darby returned home, paid back everyone who had lent him money and was determined to learn from his mistake in giving up too soon. He went on to become a phenomenally successful insurance salesman, more than recouping what he would have made from the gold mine. He learned the lesson that you need to persevere through difficulties and stay focused if you are to become successful.

Failure is so important. We speak about success all the time. It is the ability to resist failure or use failure that often leads to greater success. I’ve met people who don’t want to try for fear of failing. J.K. Rowling

I have had my share of failure in the cleaning business. I’ve been ready to quit more than once, I have even tried other careers. But I have always come back to what I know works. Don’t let the fear of failure hold you back from starting your own business. Take the bold first step and start today! Learn from your mistakes and move on. When you experience personal growth from the lessons learned, then failure is your friend.

Scott Gibbens
Scott Gibbens has been a small business owner since 1988. Scott enjoys helping people from all walks of life start and grow their own business.

Leave a Reply Text

Your email address will not be published. Required fields are marked *