Entrepreneurial Vision

Every Entrepreneuer Lives off Their Vision

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Why you need to Fail More

For some odd reason failing at anything has been discouraged in our culture for some time. We are only allowed to succeed and it has to be on our first attempt. Thankfully though this generation has started to acknowledge the benefits of temporary failure. Let me be clear, failing is good for one simple reason; if you are failing more then you are trying more. If you are failing are then you are trying hard. If you try enough you will eventually succeed.

Each attempt is like a seed that is planted. When your goal is not met that seed will grow to yield wisdom and with enough attempts you will have such an abundance you will have to give it away. Eventually all those who have fed off your experience will trust you. After you have you have failed enough all that will be left is to succeed. Your success will be attributed to those that you feed, including yourself.

My metaphor is not to be taken lightly. History highlights few successes but is built upon the countless failures of many. Here are entrepreneurial visionaries who have had more than their fair share of failures.

Colonel Sanders of KFC                                                                                                                                                                                                                                                                                                                                                                                                                                                      Here is a man who ate failure for failure for breakfast, rejection for lunch, and a bucket of his secret recipe for dinner. According to grasshopper.com the Colonel pitched his product to over 1000 restaurants and carried the secret recipe in his car.

Walt Disney                                                                                                                                                                                                                                                                                                                                                                                                                         Believe it or not Mr. Disney’s company was over $4 million in debt in the 1930’s. He failed time after time always managing to mess something up. It wasn’t until his company released “Snow White and the Seven Dwarfs” could he manage to pull his company out of bankruptcy. After that he quickly rose to the top becoming a visionary to this very day.

Andrew Sieg                                                                                                                                                                                                                                                                                                                                                                                                                           That’s right, even I have a few failure notches under my belt. I started a business fraternity (Alpha Kappa Psi) on my college campus. As president I managed to keep it running for about a year before running it straight into the ground. The next week I started a social fraternity (Sigma Pi). After two years of hard work this fraternity is the newest and quickest growing fraternity at the University of Louisville. Failing was one of the best things I have ever done.

It doesn’t matter if you are starting anything from an accounting firm to a zoo. You need to fail. Every single day. Until you pitch your idea to 1000 customer like Sanders I don’t want to hear you complain about how much cold calling you’ve done. Eventually you will succeed. Every single day. How have you failed and what have you learned?

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