F.A.I.L. – E.N.D. – N.O.

As solopreneurs, entrepreneurs, small business owners, or…, we have to accept the fact that not all we do will go as planned and be successful. Especially if it is our first attempt in entrepreneurship or running a business. We navigate uncharted territory and it is more than likely that we will make mistakes, fail, get a “no” to a proposal. Everybody will agree with this statement. It only turns into a problem when it happens. Mistakes happen to others, not to us. Wouldn’t that be nice. Unfortunately, that’s not how the world works. In fact, I know it is crucial that we make mistakes, fail once in a while, hear a “no” to our brilliant idea or proposal. What’s even more important is how we deal with these situations.  

I’m definitely not a master in always seeing the light at the end of the tunnel. I need time to digest what has happened, turn it around in my head until I find the silver lining. Throwing a pity-party is so much easier. Blaming the world for what went wrong. I can do that too and admit I have done it in the past. The sad part about it is, it doesn’t change a thing. It doesn’t make the situation any better or go away quicker. Quite the opposite is the case.

It’s far better to get back on your feet, dust yourself off, and think about what to do to get out of this pickle, fix the problem. Think of the very next step you can take. It’s the best medicine you can take.

Yes, you do want to take a moment and figure out what went wrong and why it went wrong. This way you learn and won’t repeat the mistake. I know, it’s never fun digging through a mess or unpleasant situation. Allow me to be blunt, it sucks, but it’s soooo important. Think of it as growing pains, business growing pains. When you come out on the other side you’ve trained one of the most valuable and important character muscles: resilience. By the way, it’s also extremely useful outside of the business world.

This is why I find the three “acronyms” FAIL – END – NO so inspiring.

Acronyms by Dr. A.P.J. Kalam, past President of India

I hope you’ll find the meaning also encouraging and inspiring. Don’t let a roadblock stop you. Think of a way how to either circumvent or get over it.

In case you had a less than brilliant day and need a little pep talk, keep the meaning of these three words in your heart. If you know someone who could use a little encouragement, share them. They reminded me more than once that giving up is not an option.

See you in two weeks,
Regine