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business mindset

Mind set of success and failure

Failure is often interpreted wrongly. Negativity clouds our mindset that failure is imminent if we ever took action, therefore majority often live their lives doing nothing . By doing nothing, we do not gain experiences at all, because we are living the lives of others and being envious of people who are not.

If you have seen somebody successful, more often than not they did made a huge decision to take calculated risk in order to achieve their dreams. However, if they did take the only success they made too easily, they might not be able to regain that competitive advantage. So do not let your only success get to you head.

business mindset

A proper perspective on success and failure?

Failure do not label you forever, for if you take failure as a serious contribution to your future success, then it will. Thomas Edison failed many times, we used to say 1000 or 10000 times, but the figures are not important because it is the number of ways he found out that does not make the light bulb and that he will never repeat his mistakes. We fail because we tend to lose faith. Doing something that we believe in is essential but having faith in it and never giving it up is of paramount importance.

Proven statistics have shown that over 75% of small businesses fail after a year, but as the years increase that probability decreases. Hence it is all about defying the odds of probability and statistics. For example: money invested which is lost in a network marketing venture, it doesn't mean FAILED. Your experiences from network marketing has fringe benefits such as confidence, customer relations and knowledge, so from that initial failure you might succeed in your next business venture. If you had not gone through that learning process, would you be able to apply those skills that will help you succeed today?

business mindset

Successful business ventures, must never be taken too lightly. Don't let it go to your head. Overconfidence might blind you, take full pride of it, but ensure its sustainability.For businesses are cycles of ups and downs. Invest into research and development for your business, be forward looking in trends for your business.

Always remind yourself to be humble, for every venture has turnarounds. Remember that there are lots of things we never will know and will constantly make 'new' mistakes and learn valuable lessons from them.