What do most people do when they experience a setback?

Complain?

Give up?

Take a time-out?

Become depressed?

Go grab a drink, and then another, and then another…?

Blame someone else?

Are any of these productive?

If this is how we handle setbacks or failure, then we are missing out on the #1 advantage we can have toward achieving our end goal.

In our many business ventures I can certainly say that the single quickest and most effective way of moving forward is learning from mistakes, setbacks and failures – I would go so far as to say that entrepreneurship depends on this perspective.

When you learn to ride your bike, didn’t you fall off?

When you learned to love someone in your life, wasn’t it preceeded with pain or setbacks that helped you understand what you wanted and how to communicate? 

Here is one of my favorite quotes from salesman and trainer Zig Ziglar – “Make failure your teacher, not your undertaker.”

The most sucessful and happiest people I have come across in life consistently have failed many times, but do not look at these setbacks as failures but as learning opportunities helping them get one step closer to their desired outcome. 

What about you? 

Have you ever learned from a setback or failure in your life?