Failing is Sometimes Necessary
"Failure is another Stepping Stone to Greatness" ~ Oprah Winfrey
Improvisions in life's crises is a skill we must all practice and hone long before calamity strikes. It requires preparation, engagement, resourcefulness and creativity to come up with solutions when your new business faces potential disaster.
Have clear targets, goals and systems while remaining flexible enough to adapt to the realities of business as we discover them.
Testing, trying, experimenting, adjusting, researching and regrouping is all part of the process. You must persevere to overcome setbacks and continue toward your destination of success.
Do not be afraid of making mistakes. Every mistake and failures is your stepping stone to your future success. Stepping stones bridge one educational opportunity to another so that you can move forward, even if its a smaller leap then you once hoped for.
And sometimes it requires you to step back and regroup before leaping forward again.
Failures can be mitigated if you're willing to change your attitude and your perspective on the catalyst driving your fears.
Remember the golden rule: SEPERATE EMOTIONS FROM BUSINESS.
Being successful too fast can also cause you to crash. Getting too many unexpected orders to fast can ruin your business. A blessing too fast is not a blessing at all. You have to know your capacity, and that means identifying your limitations and liabilities. Begin with baby steps before you try to run.
"Don't climb too high too fast. Pick up ground speed, warm up all your engines, make sure your wings are angled correctly and position to catch the right wind. This will take years to master and that is NECESSARY". ~Professor T.D.Jakes
Look at the median income of the communities within a reasonable driving radius from each store location in order to project how much they sell in that region. This information will help you decide which specific products and brands to carry in that particular region.
You can be everything to everyone. Simply know where you are, what you can do, who your customer is, and what they want. Because I believe that until you respect where you are, you cannot inspect where you're going.
Look ahead to your destination with one eye and keep the other focused your next step.
Richard Branson an English business magnet said that the business has to be involving, it has to be fun and it has to exercise your creative instinct.
Your INSTINCT emerge as the offspring of all the objective data - both hard and soft, historical and current, married to your subjective experiences. Combining both intelligence and imagination, instincts fuel most entrepreneurs and their desire to do something new and different. Entrepreneurs with instinct knows he can't do it all therefore he gonna need a good TEAM.
Never forget that in the pursuit of hands-on business there will be a salary cap. The cap comes as you realize that no matter how fruitful and industrious you may be, you remain limited unless you can duplicate your capabilities and extend your vision to others.
Surround yourself with people and accept their help if offered. They will not assist in promoting and building your business if you look like you can handle it all.
Unexpected events will always occur and threatento send you crashing and thrashing back to the groundlevel. Don't allow these nasty surprises or unexpected disappointments to ground you for long.
Find a way to discharge any painful emotional baggage and look for the silver linings.
failed or how many stepping stones you've been forced to traverse, its what you've learned each time you get back off the ground.
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