Warning: preg_match() [function.preg-match]: Unknown modifier 't' in E:\Domains\t\themillionairedropout.co\user\htdocs\millionaire\wp-content\plugins\mobile-website-builder-for-wordpress-by-dudamobile\dudamobile.php on line 609
Dealing with Failure & Set Backs – Millionaire Dropout Tips | The Millionaire Dropout

Dealing with Failure & Set Backs – Millionaire Dropout Tips

by on August 29, 2013 in About the Book, Self Development


Vince Stanzione, author of The New York Times bestselling book The Millionaire Dropout, Fire Your Boss, Do What You Love and Reclaim yin-chargeour life shares his top tips on dealing with failure:

 YOU are in charge of your life – everything that’s happened to you in the past—your successes, failures, and problems—were brought about by your actions (or lack of them) in one way or another. It’s easy for us to blame other people for our failures, problems, and shortcomings. How many times do you hear people say: “It’s my boss’s fault . . . my wife’s fault . . . if only I was older/younger . . . I blame the government . . . ”? Once you understand that you are in charge, then you can make changes to improve your life.

Get out of your comfort zone – Most people stay in their comfort zones in life, because it feels normal, and they’re scared of failure, embarrassment, and change. The majority of people accept a life that isn’t great, and deep down believe that dreams, goals, and desires will only cause pain. They have lost all hopes of being a billionaire—they just want to earn a living and get by.

Stay Positive – Just askeep-calm-and-stay-positive the negative messages in your head held you back, the positive messages will push you forward. A positive mental attitude is the key to unlocking success, energy, goodness, creativity, and power. Dwelling on past failures, negative experiences, problems, and shortcomings now has no place in your new life. You will no longer carry this unwanted, useless, heavy baggage around with you. We have all experienced failures in our life. No one is immune to making mistakes or wrong decisions. However, failures can be managed, and the negative effects can be reduced. In fact, most failures turn into the best lesson you could ever hope to receive, if you view them the right way.Take Thomas Edison. While trying to build the light bulb, he was interviewed by a young reporter. The reporter asked, “Mr. Edison, how does it feel to have failed 10,000 times?” Astonished and perplexed, Edison replied, “I have not failed 10,000 times. I have successfully found 10,000 ways that will not work and I am 10,000 times closer to finding a formula that will work.” So take note. Failure is all about perception.

Learn from your mistakes – If you go for a job interview and the outcome isn’t successful, this doesn’t mean you have failed. You have successfully proven that you and the job weren’t right for each other, so you can move on to the next one. Failure is about learning. Mistakes are fine, as long as you learn from them and don’t keep making them over and over.

Don’t give up – Let’s not kid ourselves. You will fail at one time or another. I’ve failed. Everyone’s failed. When you see a famous and successful person, you see her success. What you probably won’t see is all the failures behind that success.  One of the smartest self-made businesswomen in this century and last has to be Madonna. You may not like her style, music, or films, but you must respect her perseverance and success. She doesn’t ever give up. She makes a film, it flops, she starts again.

Did you know that Colonel Sanders, the Kentucky Fried Chicken inventor, was flat broke and 66 years old when he first tried to sell his chicken recipe? He was turned down by over 2,000 restaurants, before finally getting his recipe accepted. Now there is a KFC on every main street.

The past is history – Past failures, including traumatic relationships and public embarrassment, seem to be the biggest factor stopping people moving on and getting ahead. I don’t want to sound uncaring, and I understand people suffer from very painful divorces, loss of loved ones and business failure. However,

what has already happened is history. See hope and happiness in the brighter things head. Many people dwell on ifs and whys, but wallowing and torturing yourself over the past has no positive effect. Channel your energies and focus on the future, because you can do something about tomorrow, but you can’t do anything yesterday.

    Instead of running towards our dreams, we are often running away from

    a fear of failure or a fear of criticism.

    —Eric Wright

Believe in yourself – Regardless of your past failures or current difficulties, you can and must believe in yourself. If you don’t believe in yourself, you will never be able to convince anyone else to believe in you.

Taken from The New York Times bestselling book The Millionaire Dropout, Fire Your Boss, Do What You Love and Reclaim your life by Vince Stanzione. Available at bookstores, Amazon, in print, Kindle and audio formats. Click here to read more


Add to Favorites Print article