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Failing Forward

Nasha Lending

The title of this post may seem contradictory; doesn't failure mean falling backward? Not necessarily, at least according to John Maxwell, author of Failing Forward: Turning Mistakes into Stepping Stones for Success. According to Maxwell, "failure is the price we pay to succeed."

When I first thought about launching Nasha Lending, my first thought was, "what if I fail?" At the time, and often still, failure seems like the worst outcome. At the root of this thought is the belief that my failures indicate my inadequacies - that I'm not good enough.

According to Maxwell, however, our failures are necessary to our success. Instead of working to avoid failure we should be training for failure. How will we respond when an order doesn't ship in time? How will we respond when we have to fire a friend? How will we respond when our product doesn't sell?

By preparing for failure in advance we can react more quickly, more accurately, and with less pain than if we let failure take us by surprise. As William Knudsen, automotive industry leader, once remarked: "experience is knowing a lot of things you shouldn't do."

The next time you're tempted to not act for fear of failure or you want to quit after a failure remember that most of the greatest moments in life are just past our failures. Failure is not making a mistake; failure is refusing to get back up after the mistake is made.