Showing posts with label failure. Show all posts
Showing posts with label failure. Show all posts

Wednesday, January 24, 2018

Failure

Most people look at this as a bad thing. Nothing could be further from the truth. Many famous people have failed before they had great break throughs of success. Failure is just a learning curve, where there might be missing steps or knowledge that we have not achieved. Sometimes it can mean that at this time in our life; we might not have those skills, steps or met the people that have those skills yet.

If you've ever attempted to try something again that you might have failed at in the past. You reflect on where things went off the rails. Maybe it was money, skills or steps. Because you have a base or a foundation from the past. You can look at the steps that went wrong and make correction strategies; on how you can handle or prevent those from happening again. This gives us an edge that others might have had to learn from.

Every person's learning experience is different. We are all different individuals with different skill sets. Real estate has its own learning curves. If your a painter, plumber, electrician or contractor. You have a pre-laid game plan going into investment property that others might not have. These are skills that minimize your risks up front.

Other things in life, depending on your personal experiences or your knowledge will give you an edge over other people in other areas. Failure doesn't always mean that we will fail again when we try something again. Sometimes it can be an economic thing that was beyond our control. The thing is to learn from our mistakes and failure and come up with other strategies to have different results and minimize our personal risks.

Recognize your strengths and weaknesses. If you've not great at something hire someone who has that skill set.

Penny J.
Raven Hawke, Llc (MN, USA)
info@ravenhawke.net
www.ravenhawke.net