Raj Abraham Give These Reasons Why You Must Evaluate Your Failures

It might be painful, but examining your mistakes allows you to self-diagnose and re-calibrate focus.

Most entrepreneurs and leaders have little trouble planning ahead. After all, they are likely in business because they already have a compelling vision for their future. And past achievements certainly play a role in the confidence to lead.

Even so, one area even the brightest leaders may fail to consider is where they’ve missed the mark. We too often plan for the future or relish in our achievements rather than examine our missed opportunities.

Here are six reasons why you must evaluate your failures.

1. You can’t afford to repeat your mistakes

Everyone blunders. It goes without saying – repeat mistakes, and you won’t be in business very long. Often, the biggest error we make is not taking the time to review our past ones.

2. Your failures are some of your best opportunities to grow

Sometimes, a mistake is a one-time transgression. Other times, upon further examination, it is emblematic of a personal bad habit or a bias you weren’t consciously aware of. Identifying an opportunity to improve is the first step, but one that can slip by without a conscious review of the past.

3. Your failures are some of your best opportunities to help others grow

As a leader, the overall success of your company is dependent upon learning from mistakes. Your job as a leader is also to instruct, coach and educate your team.

4. Past mistakes help teach your team the appropriate way to respond to adversity and challenge

By sharing your failures and what you’ve learned from them, not only do you equip your team to make better strategic decisions, you also demonstrate the right mindset and attitude in how to respond to a fail.

5. Learning from failures is what separates the great ones from the rest of the pack

The demands of the modern leader are tremendous and numerous. To have reached the leader status, you undoubtedly have demonstrated an ability to make wise decisions more times than not.

6. You must re-calibrate your focus

As Idan Ravin states, one must re-calibrate their focus to stay on the right track. Think of a leader as the pilot of a high-speed aircraft traveling at hundreds of miles per hour.

Going through the exercise of examining your fails will be a difficult and humbling process. However temporarily unpleasant it may be, it is vital for long-term growth.

Raj Isaac Abraham
Entrepreneur

https://www.facebook.com/Raj-Isaac-Abraham-765159050257036/