Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
How to change failure things in your business
1. Tips to change failure things in your business
Failures-predecessor of Success
When you have started your own business and you are being
referred as an entrepreneur, then there is only a very few things
that seems to bother you. And one among them is the failures.
Entrepreneurship is the best way to live on your own, but it may
give you sleepless nights when things don’t fall in place.
Strategists suggest three main reasons, five points to take care,
seven ways to be successful and many as they can. But only you
can feel how disgusting it is to be in the feet of failure.
We suggest some quick tips to evade from the hands of failures.
2. 1) Identifying the problem:
It’s hard to find the source of failures when you have done your
work to perfection, but it isn’t that much hard to be in the phase
of failures. When you want to turn down the failures into success,
then there is no other go you have to figure it out where it begins.
That is the best way to overcome the failure.
2) Framing solutions:
3. Once the source of the problem is found out, it not any more
complicated to formulate solutions. Business failures aren’t
Bermuda triangle to amuse us.
All you need to do is the pragmatic analysis of your current
situation. Vent out your ire, serenity will guide you through this
phase. Frame out as many solution as you can and then choosing
best among it is much easier.
3) Trial and implement:
These alternative solutions are put into the pragmatic think tank
and decided upon on the basis of goals of the business. Some
solutions may seem to pay off in the later stages and some will be
immediate remedy.
4. It’s very important to choose the solution that fits to the T. If you
could not decide on the solution, then it’s better to look for the
right person (may be a consultant) who can help you to find the
right solutions. But do it as soon as possible.
4) Go geek:
If you want to do some wonders by turning failures to success,
it’s very much important to be a geek! Yes, extraordinary things
happen to people who think in the alternate way.
“Great people didn’t do different things, but do things
differently”, this world is so smart that only if you are ultra-smart,
you can survive.
This doesn’t mean that you could try walking on waters, but to
keep a leg on basics.
5. 5) Follow up:
When you have identified and sorted out the failure, it’s not yet
over. The main problem with young entrepreneurs is that
everything seems to be alright when you sort out the current
issues. But it’s more important to avoid the occurrence again at
the later stages. So a regular check up at the basic level of
operation is a must do task.
Since it’s impossible to design something with perfection, there
may be still some problems with the implemented solution or the
other. Failures are the seed of growth and success.
When you follow it up with a hawk eye, you can easily trace out
the problems coming up in the way. So failure is a part of cyclic
chain that revolves around success. You have to do the most you
can do to avoid those failures and learn to learn from the falling
curves.
6. Author’s Bio:
Thirumurugan is one of best business consultant with his
strategic planning techniques for your business growth. He is the
Founder and Director of Our Business Ladder, a motivational
speaker and writer. Contact him through OurBusinessLadder.com