Wednesday, December 30, 2009

Turning failures into success

Here are top five secrets to turn failure into success :

1) Change your mental model of "success" and "failure". Most people operate with the following mental model:

SUCCESS YOU FAILURE

They see themselves in the middle, with success on one end and failure on the other. They do everything they can to move toward success and away from failure.

YOU FAILURE SUCCESS

In other words: Success is the destination. Failure is how you get there. To achieve significant success in today's world, failure is not just a possibility. It's a requirement. They're not opposites, but instead opposite sides of the same coin.

2) Intentionally increase your failure rate. If it's true that the more we fail, the more we succeed, then you’re immediate goal should be to intentionally increase your failure rate. With this thought in mind, you're succeeding even when you fail. Yes, this is a counter-intuitive, reverse thinking philosophy. But trust me, it works!

3) Set "No" goals. Everyone sets success goals. But how about setting goals for the number of times we fail? For example, rather than a salesperson setting the goal of having two prospects say "yes" to them, they set the goal of being rejected (hearing "no") 10 times. Imagine the first two prospects they called on said, "Yes!" Rather than being done (having hit their "yes" goal), they'd actually be behind because they still have 10 "no's" to go!

4) Celebrate your failures, not just your successes. It's natural to be excited about our successes. But, if the key to success is to increase our failures, then it only makes sense to celebrate our set backs as well. Yes, you heard right: if someone turns you down, celebrate it!

5) See courage as a "muscle". If failure is a vehicle that can take you to success, then courage is the fuel! Courage is a muscle. And, like any muscle, you must develop and strengthen it with lots of exercise.

Summary: So, change your mental models, intentionally increase your failure rate, set "no" goals, celebrate your failures and see courage as a muscle, and you'll significantly increase your success rate. This strategy is not just a sales strategy. It is not just for businesses. It's for every aspect of your personal and professional lives

Reference: http://sbinfocanada.about.com/od/salesselling/a/failuresuccesrf.htm

0 comments: