There are two types of Failure: Good Failure, like Good Debt, helps us to become successful and is a non-negotiable ingredient to win.
Bad Failure, like Bad Debt, is like treading water with weights around your neck. You never seem to get your head above water.
The most important difference between Good & Bad Failure is How YOU think about them.
Take a look at the two ways we respond to Failure and decide for yourself which camp you are in.
Good Failure Bad Failure
You Accepted Responsibility for it. You Blamed others or made Excuses.
You Learned from it. You Doubled down on your Ignorance.
You regrouped and took wiser action. You wallowed in self-pity & Quit.
You Found Mentors to Help Guide You. You surround yourself with Crabs.
You reset your Goals and become Re-Charged. You move to the next new Shiny thing.
How did you do with your self-examination? The good news is you can keep taking this test until you pass!
Your Mind Set is the difference between Good & Bad Failure.
You are 100% Responsible and 100% in control of how you perceive Failure.
It is the way we view Failure that may keep you from success. … Failure simply means there is something to be learned or another direction to be taken. Failure is a redirection. It shows you where you shouldn’t be.
It’s through Good Failure that we learn the greatest lessons that life could teach us.
Failure Teaches, it keeps Us Hungry and Humble, Failure Helps Us Overcome Fear, Failure Inspires Creative Solutions, and Failure Makes Us More Valuable as Mentors.
Good failure means that you realize quickly that you are wrong and accept responsibility. This is the first step on the path to progress. Being wrong-headed on the other hand, leads to Bad Failure, because you learn nothing, or you learn the wrong lessons. Wrong-headed decisions tend to lead to more wrong-headed decisions, as you have no plan to what is working and what is not.
Success teaches us very little and happens occasionally.
Good Failure can Teach us valuable life lessons and happens frequently, so we MUST Practice for Good failure!
Find Your Passion…Find Your Life