It’s Okay To Fail

One of the things that keeps entrepreneurs from succeeding is that they’re afraid to fail. This fear keeps them from taking the creative risks that are necessary to innovate and succeed. To succeed in business, you need to overcome that tendency.

Realize it is okay to fail. The only people that succeed at everything are people who never take risks. If you want to make a difference, you need to step outside of your comfort zone and take that risk. Every successful business has failed at one time or another. Think about Microsoft Bob, Apple’s Pippin, Google Wave, New Coke, etc. Each of these companies took big risks that failed, but the companies are successes.

Look at failure as a learning tool. Samuel Beckett wrote “Try again. Fail again. Fail better.” Through failure you learn what doesn’t work. As long as you don’t keep trying the same thing in the same way again and again, failure gives you insight into what will succeed.

Don’t be afraid to fail. Failure is an essential part of success. Learn from mistakes and take risks. Nothing ventures, nothing gained.