The 3rd Characteristic of Wealth is having Thick Skin, Dealing With Haters and Failing Forward Fast”.
There are 4 Characteristics That I will Be Exploring All Week ( click the link to see other video’s)
#1 Creating Wealth with Integrity, Keeping Your Promises and Honesty
#2 Creating Wealth By Cleaning The Clutter In Your Life
#3 Creating Wealth with Thick Skin and Failing Forward Fast
#4 Tomorrow
What does is mean to have Thick Skin or Failing Forward Fast?
Fear of failure
Everybody tends to fear failure. They fear what people think of them when they don’t succeed, or when things don’t go as well as planned. This leads people into a state of inaction, or at least an inability to take risks. The trouble with this is the best results always come from shrewd risk taking. Failure isn’t to be feared. Failure is a thing to seek after, in the sense that the lack of fearful decisions on the horizon is a signal of status quo to come.
Failure drives growth and knowledge
You can’t grow a business (or a personal brand, resume, etc) by living in status quo. Growth and advancement take risk; otherwise everybody would own a million dollar company, for example. Also – it’s said that people grow and learn best after failure. Failure creates lessons learned, and lessons learned create a change in behavior. When you know something didn’t work, you tend not to do that same thing again.
Think about it from a technology perspective. Most of my learning experiences have come out of struggling through broken code, or a learning a new technology (by fire, alone-without help), for example. Contrast this with attending a conference, where I get a fire hose of information and have forgotten most of it a month later. Failure burns information in your brain. The “happy path” of learning in a fearless environment is an illusion.
You can learn what to do, or what not to do, from a peer or a book, but when you EXPERIENCE it (failure, in particular), you really remember. Therefore, failure is good.
Fail FAST
What are your goals? Where do you want to be in a year? In five years? Well, I bet there are 100 other guys out there who have the same goals. Who’s going to get there first? You?
If you want it to be you, you need to FAIL FAST. Seek failure. Take risks. Go big or go home, as they say. Learn, grow, respond, and act. FAIL FORWARD FAST.
Perhaps Seth Godin says it best in his book, Tribes:
“Steve Jobs was wrong about the Apple III, wrong about the NeXT computer, wrong about the Newton. Insanely wrong. You know the rest.
The secret of being wrong isn’t to avooid being wrong!
The secret is being willing to be wrong.
The secret is realizing that wrong isn’t fatal.
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Rhonda & Brian Swan
Travel Aficionado’s, Wealth Creators & Top Leaders In The Online Industry
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