BEB Header 10 2018

Budgeting Essentials Blog

Helping you master the practical essentials of Budgeting, Cash Flow, Accounting and Debt Relief.
5 minutes reading time (971 words)

How Failure is Vital to Success

Think of failing in terms of a cross-fit workout. The workout is painful, but it’s good pain. We endure the pain, because we know that it’ll strengthen us. And as we grow stronger, our confidence grows too. So, we persevere and keep trying. Each time we fail is like that workout, we’re getting stronger and stronger, preparing to succeed. Learn more in this week’s blog.

Nobody likes to fail. I don’t like to fail. Yet, I’m hard-pressed to think of anything worthwhile that was ever accomplished without some measure of failure first.

Consider Thomas Edison. As an inventor, Edison failed 1,000 times at inventing the light bulb. But when a reporter asked, "How did it feel to fail 1,000 times?" Edison replied, "I didn’t fail 1,000 times. The light bulb was an invention with 1,000 steps."

Was Edison unique? Apparently not; check out these others with plenty of experience at failing:

"Failing is one of the greatest arts in the world. One fails toward success." ~ Charles Kettering

"Failure provides the opportunity to begin again, more intelligently." ~ Henry Ford

"The fastest way to succeed is to double your failure rate." ~ Thomas Watson Sr.

"Only those who dare to fail greatly can achieve greatly." ~ Robert F. Kennedy

"I've missed more than 9000 shots in my career. I've lost almost 300 games, and 26 times I've been trusted to take the game winning shot ... and missed. I've failed over and over and over again in my life. That is why I succeed." ~ Michael Jordan

"I never learned a thing from a tournament I won." ~ Bobby Jones

Let’s take a closer look at failure and why it’s so vital to success.

1. Wear failure as a badge of honor! You took a risk. You made a heroic attempt at something. You acted. It may not have worked, but you tried! Congratulations! Nothing ventured, nothing gained, right? There is no shame in failing. Shame comes from sitting on your hands and doing nothing. The fact that you failed indicates that you had the courage to try. You stepped out, overcoming your fears and tried. Way to go! High fives!

2. You learned something new! Mark Twain quipped, “A man who carries a cat by the tail learns something he can learn in no other way.” A man took a shower with his cat. He too learned something he could learn in no other way!

Like Edison, you now know what won’t work. That puts you one step closer to success. You’re closer than ever to knowing what will work. In this way, failure teaches you valuable lessons. And you learn those lessons viscerally, experientially and not just vicariously from a book, or from someone else’s experience. In this way, the lessons you learn through failure are so much richer and more memorable.

3. Failure builds character! Failure and the “suffering” we experience from it “produces perseverance; perseverance, character; and character, hope.” (Romans 5:3-4, the Bible) Character or integrity is so important! Strength of character sets a man or woman apart from others. 

Think of failing in terms of a cross-fit workout. The workout is painful, but it’s good pain. We endure the pain, because we know that it’ll strengthen us. And as we grow stronger, our confidence (hope) grows too. So, we persevere and keep trying. Each time we fail is like that workout, we’re getting stronger and stronger, preparing to succeed.

4. Failure sets us up for a grander success! Success without failing first is cheapened. Nothing gotten easy makes the effort seem worthwhile. Success without having first failed makes us lazy, complacent, and shallow. But when we’ve failed, perhaps over-and-over again, oh how sweet success tastes then! We savor it. We appreciate it. We celebrate it for what it is.

Washington Irving said, "Little minds are tamed and subdued by misfortune; but great minds rise above them."

When was the last time you failed? Don’t fret over failure. Instead, fret if you’re not failing! It may be that you’re not trying hard enough!

Want to pay down debt more quickly?  Get my Free Class!

To learn more about cash flow and budgeting, sign up for my upcoming free online Cash Flow Workshop HERE.  I will email you when the next workshop is scheduled to begin as well as sending you a link to each new weekly post in the Budgeting Essentials Blog!

IN CONCLUSION:

1. To fail at something is not shameful.  No, it means you tried.  Read on.

2. Sometimes you must "do" something to find out what can and cannot be done.

3. Failure actually builds charactger, integrity and strength.

4. FAILURES can actually set you up for greater successes.  Find out how.

RESOURCES

Article: Read this article on Thomas Edison.

  

If you loved this blog post, get the next one by getting your name on the Budgeting Essentials blog list

At www.BudgetingEssentials.com we don't want you to miss out on making Your Business the Best it can be!

Get my Free Personal Budget Workshop.  When your personal finances are in great shape, your business will be too!

To learn more about cash flow and budgeting, sign up for my upcoming free online Cash Flow Workshop HERE.  I will email you when the next workshop is scheduled to begin as well as sending you a link to each new weekly post in the Budgeting Essentials Blog! I will be teaching my Cash Flow Workshop soon, so don’t miss it!

If you know someone this post will help, please share it with them!  Then scroll down to the comments section and leave me a comment on this post.  If you aren’t already a subscriber, SIGN UP to receive blog notification emails and information on other promotions! 

God Bless your week!

 

Copyright

© 2019 Dan Heiland 2019 Kat Heil, LLC

0
6 Cures for procrastination!
Don't wait for Economic Hard Times to Pay Down Deb...

Related Posts

 

Comments (0)

There are no comments posted here yet

Leave your comments

  1. Posting comment as a guest.
Attachments (0 / 3)
Share Your Location

By accepting you will be accessing a service provided by a third-party external to https://budgetingessentials.com/