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Embrace failure

Accept and make the most out of a catastrophe
Acknowledge the shortcomings
Some failures are completely obvious. Having a blindfold around your eyes can't help you. The first step is to acknowledge the shortcomings. If that hot new product you launched languishes unsold, do you officially declare it a failure? Do you plan a new promotional campaign, reasoning that once customers get to know the product they'll love it after all? Or maybe you simply move it lower on your home page and leave it at that? Whichever course you choose, you'll help yourself and your employees if you openly acknowledge that at least the initial launch has failed. Chances are they already know. Giving everyone permission to talk about a failure as such means that learning can begin. "Admitting that there is a problem is the first step. There won't ever be a solution if you don't recognize the problem" says Md. Zakaria Rahman, assistant manager of Masthead PR. Acknowledge but don't accept shortcomings. These can and must change.
Look back at mistakes
Even though there can be thousands of reasons behind a failed project or product, you should first try to determine the mistakes of your team. This is tricky, because it may sound like you're trying to assign blame. It needs to be made clear that it's not a blame-game. You simply want to know why the endeavor failed, so you can either do better next time around or choose a different direction. "We sometimes listen to a plan and it can sound breathtaking the first time. Let's-see-what-happens attitude sometimes set the path to failure. It happens to everyone at first. I now try to evaluate outcomes and have a plan even before launching a project. Going with the plan
without taking measures is a definite mistake and you should correct it as soon as you can", said Arman Rosul, Director of Paperfox. Looking back at mistakes and remembering them can minimize errors in the next project.
Keep record
Sometimes we want to get past things and forget all about it. While that is the secret to a successful future, we all misunderstand the whole idea of leaving bad experiences behind. Recently, a friend who's a senior brand executive at a company told me, "I like to forget all the things that went wrong", when I tried reminding him of his last blunder. The only problem with such an attitude is you never learn. As important as it is to let the blunders fade, you should always make a list of things that went wrong. That's the secret to being successful. There is nothing wrong with leaving bad experiences behind as long as you make a list of mistakes and agree on not running them again.
Make lemonade
We all know the saying, "when life gives you lemons, make lemonade." The real payoff from failure comes when you take the lessons you've learned and use them for whatever you do next. What lessons did you learn from your most recent failure and how will you apply them to the rest of your life? That's the next step. Also, it's a mistake when you do something wrong once. If you keep doing the same task wrong over and over again, you
are quite the lost case. The secret is to assess the mistakes and learn from them. Recognize the opportunities from the catastrophe and make the best out of it.
It's all about attitude
Losing reflects a score, but failure reflects an attitude. Without the right attitude, it's hard to get back up. Sometimes unexpected outcomes can affect us mentally. Keeping a positive attitude towards collapse is more important than you might think it is. Some people often give up on their dreams only because it went wrong the first time. You want to know a secret? It went wrong for most people- even the most successful people you know. There wouldn't have been Ford Motor Company if Henry Ford gave up because his first five businesses had failed. He took the lessons and kept going forward. Keep that attitude open and accepting and you're going to help grow your company's ability to learn and improve. Trying out something different and new can always be difficult. You never know what will happen unless you do it the first time. We all are bound to make mistakes. It's on us to learn or ignore the mistakes and act accordingly the next time.
For a change, consider failure in a positive light: embrace it. If you're not failing, maybe you're not trying hard enough. Does it mean failure is good phenomenon? It is only beneficial only if you learn something useful from it So make sure yon get your money's worth next (time you fail at somethA^F KAMAL