Redesign4Life

A large part of success is based on how you view the world

It’s often stated that nine out of ten businesses fail in the first five years. Usually this factoid is used to dissuade people from taking what most would consider an unacceptable risk. That’s how most people react, but the fact is that reacting like most people will lead you one step further towards a mediocre life.

How does an entrepreneur react to this?

With something along the lines of “Great, all I have to do is start 10 businesses and I’ll be successful? – let’s get started…” So off he goes and starts two businesses a year, statistically guaranteeing himself success within five years. As for the person who decided the odds were too low – 10 years later they are still an employee, making money for someone else.

Not only does this attitude lead to success, it takes into account that failures, however bad, are learning experiences. Think how much you could learn by starting and possibly failing in five businesses – lessons which could be learned in any other classroom. And failing in a business creates a higher chance of succeeding in the next one…you just have to get started.

Sir James Dyson wrote a great article on Wired.com recently about the need to redefine the meaning of the word failure…I recommend you take a look at it here:

http://www.wired.com/epicenter/2011/04/in-praise-of-failure/

Get out there and fail and fail until you succeed…it’s the only way.

• Share
• Delicious