Thursday, September 21, 2006

Failure A bridge to Success

"Entrepreneurship is a journey, you will not know what will hit you next, therefore relax and enjoy the ride!" It was a quote I picked up at a recent seminar in KUTPM . It was really true , it probably is the essence of any journey that begets success.

I have made a simple observation on the topic , it is those who are visionary are normally blessed with failures early,traditionally innovative individuals are challenging an ecosystem which is no different then waging wars , a journey that can never be achieved without some initial failures.

Embrace failures and differentiate!

A failure can be devastating and the angles of failures come in so many perspective and form. for me entrepreneurship is a journey to be independant. Failures are the reaction of either ignorance, inexperience or utter stubborness that clouds our decision and actions.

However for each individuals a weakness of one can be a strength of another, therefore although most people do come across similar failures however the cause and remedy to each needs a customised approach. This is probably one of the reasons why people do not want to share their failures openly in fear of being ridiculed by other people .

As human beings we differ in our abilities to identify our weaknesses some are aware of it but finds it hard to execute the remedial actions to improve and solve their problems. Some have higher egos and would not admit to a weakness , however this individual would fare better in the remedial plans .

I have seen great individuals not doing so well probably the benchmark is higher for them , the problem lies in so many areas , I am one who believes that the journey that we took to get us where we are today is a reflection of how well we learn from our failures , if we have recognised them and take remedial steps and acquire indepth knowledge on the solutions we would be in a better state then we were before .

I have come to recognise that anger and disattisfactions clouds us as we whine about the imperfection of the environment and blame it for our failures . we have to realise that the environment as challenging as it maybe has no better strength than our determination to succeed , realistically, we would always be in a situation where we're against the odds for it is the tenets of innovation and true entrepreneurship, As I have emphasised in my lecture in the Catalyst Program the road to success in innovating is filled with hardships we should learn to climb the mountain one step at a time. Overcome the nearest hill and more hills to come before having a go at the highest peak.

With every failure, recover and dynamically adapt and change to prepare for bigger challenges to come , whats more important is we keep on moving and steer ourselves in the right direction , make adjustments as we learn new things. Find collaborators that will strengthen us , prepare ourselves for that greed is prominent and are barriers to succesful collaboration , address it well in every partnership and endeavours...

It does not matter if you fail it matters most that you learn from it!

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