Successfully Growing Small Business Is About Embracing Change
Wednesday, December 3rd, 2008How we address failure will determine our success. The pain of failure is great. It may keep us up at night and ruin our relationships and hurt those we care about. When confronted with failure, it is our opportunity to change and bring success into our business.
Small business growth is about embracing change. It is an immutable law that you cannot grow without change. Taken one step further if you don’t learn new ways of looking at things then you and your business will never change and probably not be successful.
Nobody wants to fail in business. As a self-employed business owner your entrepreneurial instincts tell you in the beginning that you will succeed at the business you are creating.
Then after a short period of time, or it could be years you have to come face to face with the fact your business and your life is headed in the wrong direction.
Understand two things about failure:
1. It is the accumulation of many small errors in judgement
2. These errors are accumulated over a period of time.
Usually, failure usually is not one grand event. It is the culmination of many things that lead to the signature event everyone remembers. Failure is subtle.
Learn how to detect failure. Correct the small errors as you go along by developing new disciplines. A new discipline may be a different way of doing things or a better way of thinking. Both of these demand that meaningful change must take place.
You have a choice when it comes to change. You succeed when you embrace change. You fail when you let change run over you. Discipline yourself to embrace change and you will increase your odds of success.
