Category: Inspirations

Past Failures

Learning From your Past Failures in Business or Your Personal Life

Learning From your Past Failures in Business or Your Personal Life

Everyone at some point in their life will experience failure. Your academic achievements will not protect you; neither your wealth nor your network. Failure is your companion from the time you wake up and make the first of many decisions for the day.

Every decision you make will take you to a crossroads where there will only be one of two possible outcomes: success or failure. It could be a series of decisions that will trigger the chain of events but ultimately there will only be one outcome.

The question for you is what would you do if the outcome of your decision ends in failure?

The Reality of Failure

We fail because we are not perfect; we are not infallible. Despite our ability to rationalize, we cannot possibly know what the right decision is all the time.

We fail because we are creatures of emotion. According to Nobel Prize winning Psychologist and author of “Thinking Fast and Slow” Daniel Kahneman, the mind works two systems: the intuitive and the rational.

The intuitive makes the primary decision which is based purely on emotion and human connectivity. Once the decision has been made will the rational mind take over and question the intuition behind it.

This is why even though we pride ourselves as having the ability to rationalize, we still choose the wrong decisions even though we are aware of the possible outcomes.

Put simply, we fail because we are flawed beings. Not only are we incapable of identifying the correct decision all the time, but we often give in to our emotions and weaknesses.

Failures in Business and in Personal Life

Statistically, only 50% of small businesses are still operational after 5 years. In 10 years time, only 10% to 20% of these businesses will remain. There are many reasons why businesses fail:

  • Lack of management skill
  • Absence of money management protocols
  • Overexpansion
  • Rigid, inflexible business policies
  • Unproductive work culture

The truth is, even the businesses that remained operational after 10 years experienced one or a few of these factors. But why did they thrive while others folded up?

The answer lies in how failure is perceived.

The businesses that succeeded learned from their mistakes. Failure showed them their weak points and the experience helped them find ways to become better.

Sir Richard Branson famously said he has failed more times than he succeeded. One of those failures came with the launch of the ill-fated Virgin Cola. It was a poorly thought-out, poorly executed attempt to slay the giant of the soft drink market, Coca Cola.

In the end, Branson realized you should never come in unprepared to fight a proven brand like Coca Cola. If you come into a gun fight with knives, you will be slaughtered.

The experience made Branson value the importance of strategy, purpose and target marketing.

But it did not discourage him from pursuing other endeavors such as Virgin Airlines and his newest and possibly most ambitious project yet, Virgin Galactic, the world’s first commercial spaceline!

In some cases, failure was just a difference in perspective.

  • Howard Schultz was declined by 247 banks before finally getting approved to launch “Starbucks”.
  • JK Rowling was turned down by several publishers before finding one that saw the potential for her “Harry Potter” series of books.
  • Roy Disney’s idea for Snow White was rejected even by those close to him; his wife and his brother. Yet he persisted and was awarded an Honorary Academy Award in 1939.

The takeaway is that how you succeed from failure is also contingent on your willingness to accept full accountability.

The role of accountability is very evident in your personal life.

Marriage is one of life’s greatest milestones. The ceremony, the tears and the totality of the experience make us believe marriages last forever. But statistics prove otherwise.

There are couples that divorce faster than the length of the entire courtship. What seemed like a magical moment has become a time of regret and despair. Lives are destroyed, relationships are shattered and trust is gone forever.

Sometimes all it takes is one ill-advised decision.

A seemingly harmless night out on the town with friends; your better half is well aware. After all, you do this once a month.

Then a discovery.

A jar of genital wart cream – HPV treatment for men & women; discreetly hidden within the tight compartments of your drawer.

Then the flood of questions comes in: the lack of intimacy, detached behavior and long, uncomfortable moments of silence. It’s all becoming clearer. Soon a confrontation ensues. A union is on the balance. What do you do?

How long can you hide the truth? Why not weather the storm now and save face while you can? It will only get worse if the truth is uncovered.

In the end, if both believe marriage truly is “until death do us part” then maybe love will prevail.

Here is the undeniable truth about failure:

Failure is your greatest teacher. It reveals your faults and makes you accountable for every decision you make.

Those who shun or fear failure, will be doomed to suffer a worse fate. They will not do anything in their lives because they are afraid of being stigmatized as a failure. Thus, they will end up in the same place while the rest of the world moves forward without them.

The purpose of failure is to make you a better person. Therefore, you should not fear it.

Instead you should embrace it.

4 signs that indicate that you need to hire a life coach


No matter how troubled our life is, we hardly think of seeking professional help. But this can make your life unhealthy. Here are the signs that tell you that you need to see a life coach immediately.

You feel stuck and fail to resolve issues


When you feel that you are not moving ahead or cannot resolve issues, you need a life coach. This may be in the case of personal life career and relationships. You can see the path ahead, but you are too afraid to take the steps. At this point, life coaches can help you get over all these. They can bring a sweet breeze into your life.

Lack self-confidence


If you are feeling defeated all the time and cannot count on your judgment thinking what others will think, then that’s a sign of lacking self-confidence. A life coach can help you boost your self-confidence.

You feel as if something is missing


You are on the top of your career, and you have a wonderful relationship with your spouse. You feel that there is something missing in your life. A life coach can identify that unknown desire and help you to fulfill it.

You are scared to make the move


You cannot let go of your fears and take the move. You know that an opportunity is lying ahead of you, but you are afraid to respond to it. A life coach can help you to get rid of your fears.

If you are having these signs in your life and you are sitting idle without doing anything about it, then you are wasting your time. You should go to a life coach and go on with your life again.

4 ways hypnosis can help you lose weight


Many of us who are worried about our weight but cannot get ourselves to do the things we need to to lose weight, hypnosis can be an effective solution. Sometimes you will find addiction towards some food that becomes hard to give up. Hypnosis can give you control over what you eat. Here are four ways hypnosis can help you lose weight.

Dissociates bad eating habits


It works with the part of your mind that triggers the desire to eat high calorific foods. Hypnosis can replace that desire with something more appropriate.

You will start to have automatic control over your food

Your conscious mind will make healthier choices and will become stronger to resist high calorific food. The hypnotherapist will put in a conditioned response inside your subconscious mind so that even if you have high-calorie food in front of you, you will be able to resist it.


Helps to resist high calorific foods


Hypnosis will motivate you not to take high calorific foods. You can look for a good weight loss hypnotherapist to help you with this.

You can control the portion of food you eat

Weight loss hypnosis will help you to manage the portions of food you eat by implanting the thought into your unconscious mind that you will eat less. So, you will not feel the desire to eat more.

We all know what we should eat and what we should not to keep our weight in check. But we do get to make ourselves get into these habits. That’s when a hypnotherapist can help you.

4 ways life coaching can turn you into a better person


In many stages of life, we feel that our life is going nowhere. We feel frustrated and don’t know what we should do. That’s the time you should visit a life coach to help your life move forward. Here are the ways life coaching can make you a better person.

Professional focus

We spend maximum time of our day at work. We might feel unfulfilled working 9 am to 5 pm every day. A life coach can help to shift your focus and make you realize the meaning of success and achievement. You will begin to see things from different perspectives and enjoy your work.

Work-life balance

People struggle to maintain a work-life balance especially if you are in a high-pressure job. But it’s important to draw a line between your personal and professional life. You should set aside time every day to switch off your emails and everything related to the office to give time at home. Life coaching will help you to have a balance between your work life and personal life.

Stronger relationships

Life coaching helps you to form stronger relationships with your family members, co-workers, and friends. Life coaching helps you to understand the emotions, beliefs, and behavior that may hamper your relationships.

Money management

If you are always worried about money and constantly getting yourself into debt every month, then you need to learn how to manage your money well. Life coaching can give you valuable insights into money management. Once you understand your attitude towards money, you will be able to shift your outlook and prioritize spendings.

Life coaching doesn’t have any specific formula. With life coaching, you can get your life back on track. So, if you are stuck with your life, get life coaching.