January 17, 2013

What can I learn from this?

Filed under: Small Business — Tags: , , , — lidia @ 9:22 am

What can I learn from this? graphic

I’m currently reading JJ Ramberg’s It’s Your Business: 183 Essential Tips that Will Transform Your Small Business, a useful guide for new or experienced business owners. The book is organized by category, with useful tips for each.

One of the tips that resonated with me was: Tip #44: Learn from your failures.

As small business owners, I think we’ve all experienced failures or disappointments. Situations that didn’t quite work out as expected. But the key to success is turning these situations into learning experiences. Saying to yourself: What can I learn from this?

I recently went through a challenging experience with a personal project. It was an area that I was unfamiliar with and things didn’t go as expected. As soon as I let go of my disappointment and negativity and approached it as a learning experience, the situation turned around and new opportunities appeared. (Coincidence? I think not.)

Do you learn from your failures?