Tips To Help You Emerge From Failure As Soon As Possible

I have created many companies.

I believe everyone who participates in them.

I have devoted myself to everyone's feelings, energy, blood, sweat and tears.

Although 90% of the businesses failed, I learned a lot around the hundreds of entrepreneurs.

That's the "normal mind".

Accepting failure as a lesson is one of the most important things I have learned.

But what should we do when our business plan is destroyed? What will we do when the disaster comes and you are left alone and will fall into the abyss? My friends, I want to tell you what helped me and hope that it will also help you.

1. accept the status quo

Understand immediately that there are things you can't control.

This is a marathon, not a sprint.

The sooner you stop worrying, the more you can take the problem as a lesson so that you can move on.

Unite those who are like-minded with you.

As part of the entrepreneurial community like Alleynyc (New York entrepreneurial space), one of your biggest assets is that people around you are experiencing very similar things.

We support each other at high tide and low tide.

Take a look at the joint office space in your area. If you are in New York, please come to see Alleynyc at any time.

No matter how much you believe in what you are doing, there is always something wrong.

Take a step back, reexperience your life, get out of your work and rest for a while.

Visit your family and friends and get along with your favorite things.

Life only lives once, and this is just a process.

You will get through it, but if you want to win, you must clear up your mind.

4. prepare for battle

This will give people some pressure.

You must separate your feelings from entrepreneurial competition.

It's cruel to start an enterprise. It's bloody. It's war.

You must pull yourself together and start over again.

If you are in the wrong project...

So what? You are passionate, you are full of fighting spirit, and you will apply these qualities to the right projects, and you will succeed.

What I like to say is: "it took me 10 years to succeed overnight."

Successful businesses take many, many years.

Truly capable people can carry out protracted war.

If we investigate 100 successful entrepreneurs and ask them if their first product is successful, I bet 99% would say "impossible".

However, please note that, to be honest, 86.3% of the published statistics are fabricated on the spot.

6. learning lean Entrepreneurship

The lean method is proved to be effective.

This is common sense.

It is very easy to verify your assumptions. Now it is easy to learn this method and master tools. You can find a Lean Startup Machine seminar in related fields, which will teach you skills. These skills can help you avoid mistakes and save time and money.