Fail Until You Succeed In Business | TBS #025

Podcast

You have to stop being scared of failing and making mistakes in business, because success is just the summary of your failures. It’s practically a prerequisite to fail until you succeed in business.

It will happen. Either small or big failures, but it will happen.

But the faster you fail, the faster you succeed.

It’s really an art: the art of failure.

Please understand that 99% of the things you’ll try in your business and marketing won’t work out. Success is all about working your way through the failure as efficiently as possible until you find those 1% successes that start to compound over time.

In essence you need to become extremely comfortable and good at failing if you want to be successful in the business world. Successful entrepreneurs are the sum of failure, but they didn’t stay in the ground forever. They got up each time and worked for a better tomorrow.

Discard the negative stigma surrounding failure.

You need failure. That’s how major progress happens. That’s how you increase your learning rate on the learning curve.

From now on I want you to fail as much and as often as you can. I want you to become a master failure. I want you to become the biggest failure among your family and friends this year.

You will try and fail. And that’s fine. You have to endure and be patient.

And paradoxically that’s how predictable success is created. The easiest way to find out what works is through exclusion. You execute and then you learn trough feedback. You stick to what works and drop what doesn’t work.

Discovering all the ways that don’t work will lead you to the one thing that will work and reward you forever. Let failure be your guide, your master, your road-map to business success.

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    […] The only thing standing between you and success is your fear of failure. I see almost nothing that’s crippling entrepreneurs more than their own fear of making mistakes and failing down the road. […]

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