5 STEPS TO TURN YOUR BUSINESS SETBACK INTO A SUCCESS

success concept

Everyone knows the saying, “When life gives you lemons, then make lemonade,” but have you heard anyone explain exactly how to make the delicious lemonade from such a sour lemon?

The key word in that phrase is make, which requires action. In the face of adversity, people often believe that simply having a positive attitude is enough to overcome a problem and get back on track. No matter how hard you think positively about your immediate setback, or how many times you tell yourself, “I’m not going to let this get me down,” you simply can’t make lemonade with just your thoughts.

At a certain point, you need to roll up your sleeves and take action.

Over the years, I’ve had my fair share of setbacks in both my business and my personal life. I have started and shut down more businesses than I care to admit, and one of my most notorious advertising mistakes cost me over $10,000 in less than 24 hours. That one hurt.

But looking back, I realize most of my biggest setbacks were really catalysts for breakthroughs, both professional and personal. Each time, I was forced to critically assess my situation and create a new and improved plan of attack.

This process can be boiled down into 5 steps. Next time you run into a business or personal hiccup, then I recommend you give this a shot:

View Full Article

Did you like this? Share it:
This entry was posted in Featured Posts, Updates and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Submit a Competition Sign Up Now!
  • Business Plan Resources

    Do you have a business idea or want to enter a business plan competition but not sure where to start? See our list of must-read business plan resources.