The Aftermath of Failure


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What do you do in the aftermath of failure?

How do you respond to failure?

  • Do you wallow in self pity?
  • Do you cast blame on others?
  • Do you search for excuses?

Those who become success stories, do two things:

#1 Self-Assess

After the emotions of failure subside, those who eventually succeed, go through a period of self-assessment. Their objective is to truly understand what went wrong.

They ask themselves certain questions:

  • What went wrong?
  • What was my role in this failure?
  • How can I prevent this from happening again?

#2 Take Action

After this Self-Assessment period, the successful take what they’ve learned from their failure and that learning becomes another tool in their tool belt – something to propel them towards success.

They put that new learning to use by taking action; action that, in many cases, leads to eventual success.

Being honest with yourself about your failures is a Rich Habit. That honesty reveals all of the mistakes you’ve made. Those mistakes are not a negative thing – they are your new assets. Assets that are then deployed to help you become successful in life.

The only way out of failure is to embrace it. Learn from it. And then take action with the new knowledge you’ve gained from your failure.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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