Talking about business success is always great and uplifting. Talking about business failure not so much, why is that?
All too often failure is seen as a bad thing, not as an experience, a valuable lesson or the next important step on the ladder to success. Failure is painful, it dents our ego, but the truth is failure often teaches us more than success. We just need to learn to see failure as an opportunity to make it better next time.
You may say, there won’t be a next time, because you lost not only your shirt. This typically only happens if you discount failure, people who understand that they can also fail, often take far fewer risks.
Here is the thing, a good business plan includes the possibility of failure. Try it, make failure part of the plan, it can be very liberating.