By Rajendra Deshpande, Business Value Development Consultant USA.
If you’ve recently failed at something in a major way, and you’re going through a difficult time right now, keep these 5 important lessons in mind:
Failure Lesson #1: Experience
The first important lesson gained from failure is experience.
What happens when we fail? When we go through something and can walk away with first hand experience, it helps us to develop a deeper understanding for life.
The experience of failing at something is truly invaluable. It completely alters our frame-of-mind through the induction of pain.
It makes us reflect on the real nature of things and their importance in our lives, transforming and improving our future-selves.
Lesson #2: Knowledge
Failure brings with it important first hand knowledge. That knowledge can be harnessed in the future to overcome that very failure that inflicted so much pain in the first place.
Nothing can replace the knowledge gained from failure.
When Thomas Edison famously failed nearly 10,000 times to create a commercially viable electric light bulb, with each failure, he gained the knowledge of just one more avenue that didn’t work.
It was the accumulated knowledge developed from nearly 10,000 failed attempts that ultimately led to his success.
Lesson #3: Resilience
Failing in life helps to build resilience. The more we fail, the more resilient we become.
In order to achieve great success, we must know resilience. Because, if we think that we’re going to succeed on the first try, or even the first few tries, then we’re sure to set ourselves up for a far more painful failure.
The characteristic of resilience can help us in so many ways in life. Resilience helps to breed success by setting the game up to win.
Gone are the lofty expectations that thing will happen overnight, and in comes the expectations that true success will take an enormous amount of work and effort.
Lesson #4: Growth
When we fail, we grow and mature as human beings. We reach deeper meanings and understandings about our lives and why we’re doing the things that we’re doing.
This helps us to reflect and take things into perspective, developing meaning from painful situations.
Life is designed for us to grow and improve. From the very genetic fibers that make us into who we are as individual persons, into the fabric of society on a global scale, growth is a fundamental part of us.
Without growth, we couldn’t improve life on every front.
Lesson #5: Value
One of the biggest lessons that we can learn from life’s failures is the necessity to create and spread an exceedingly high amount of value.
In fact, value lies at the heart of success and a lack of value is a fundamental pillar to failure.
In thinking about your past failures, think about how much value you brought to the table.
Could you have offered more value? Would that have prevented failure?
When you learn to create immense value, and do so consistently, you will eventually succeed.
