Selling a Business

Entrepreneurs need their own team to navigate the sales process.

How Failure Can Clear The Way For Success

posted by: Lauren Altschuler
Apr 25, 2019 8:28:37 AM

AdobeStock_91958095_sm

We all know the crushing embarrassment and shame failure brings, and we don't go around bragging about ours. But have you ever stopped to consider that your failures have not only made you who you are, they may have actually helped to pave your road to success, or are right now helping you pave the road to success. So despair not and take a listen.

On Sunday night's Ted Radio Hour Guy Raz talks to four people whose failures (with an s) helped make them better and smarter, and cleared the way for their eventual success.

The first interview is with Astro Teller, who oversees 'X', a "moonshot" factory, or incubator of ideas, who rewards colleagues when their projects fail to give them confidence to keep striving so they will eventually achieve their big goal. Here's that interview.

The second interview is with Tim Harford, an economist who identifies similar characteristics in successful industrial and economic systems and argues that they work better when they are allowed to evolve through trial and error. The most interesting part of the talk for me is when Tim describes "loss aversion" and how it causes us to make really bad decisions. Listen here.

Casey Gerald chased success, finding it again and again, but to him it was unfulfilling and so he saw his successes as failures. Until one day he came to the realization that his definition of success would come in the form of service to his community. You can find the conversation here.

Last but not least Guy spoke with writer Lidia Yuknavitch, who based on past experiences and failures was unable to value herself as someone who could succeed, and would sabotage opportunities that came her way. Find out how she was able to find success despite herself.

What failures have you experienced, that you later drew on to be successful?

Truck/heavy Equip. appraisal business

The business provides claims services to insurance companies on large equipment and vehicles. View Listing 

Country inn and Event Business MN

One of a kind 10,000 sq. ft. custom-built home/B&B with 10 fully furnished bedrooms and several living spaces throughout.  View Listing 

Lanesboro MN Inn Including Residence

This 8-room Inn offers the perfect opportunity for either a passive investment or an owner operator who would take advantage of the private home included in the sale.  View Listing 

Electric Contractor for Sale – St Cloud, MN Area

This established electrical contractor business near St Cloud, MN focuses on residential and commercial and industrial customers with an agricultural niche. The Company is a well-established 2nd generation family business since 1968 in Cold Spring, MN.  View Listing 

Top Selling Allstate agency

Leading Allstate insurance agency. This agency has won awards for sales growth and is one of the top sales agencies in the country. View Listing 

Comments