failure, life’s greatest lessons by sarang ahuja
TRANSCRIPT
Failure, Life’s Greatest Lessons
By Sarang Ahuja www.sarangahujafinance.com
Introduction • The road to success can be long and arduous. As a young professional, you will face a variety of different obstacles. But the one biggest obstacle that we will all face in life is the lesson of failure.
Windows of Opportunity • When it comes to failure, these moments o>en carry a nega?ve connota?on with them. And why wouldn’t they? In most cases, you are o>en found at your lowest, nursing a bruised ego to move on from the frustra?on, disappointment, and demoraliza?on of a situa?on.
• As much as it may seem hopeless right now, you have to look at these disappoin?ng moments as windows of opportunity. Many people have even gone as far as to say that failure is really the greatest teacher of them all.
• While it may be hard now, understanding, internalizing, and accep?ng these situa?ons for something greater than what they are will allow you to grow both personally and professionally in the best way possible.
Teachable Lessons • Now to do this, you need to see these disappoin?ng moments as life lessons. As difficult as it may be, framing these incidences in this manner will allow you to learn and uncover those hidden teachable moments so that you can not just move on, but also grow in a bigger and beIer way.
• To help you deduce what exactly those lessons are and how they can help improve your chances of future success, I have provided various guidelines so that you can understand, plan, evaluate, and execute later on down the road.
Evaluate the Situation
Evaluate the Situation • Every young professional needs to understand that success can only come from failure. Much like any inopportune situa?on, failures and downfalls set our expecta?on for success. It is through those situa?ons where you are able to evolve personally and professionally within your trade.
• To help alleviate the pains of failure, you need to see failure as it is. Start by evalua?ng the situa?on. Ask yourself those overarching ques?ons. What happened? What did you do? What could you have done to prevent this?
• By analyzing the moment in this holis?c manner, you will be able to figure out the various weaknesses and flaws that you can improve upon within the future. U?lize those low situa?ons as experiences or opportuni?es for change. This will allow you to expand your knowledge and embrace the situa?on in a more posi?ve manner.
Assume Responsibility
Assume Responsibility • Like it or not, the blame game will always persist. No one likes to truly admit fault, especially if it is a big one. But in order to grow, you need to accept the moment and assume responsibili?es for your failure.
• Once you have assumed the responsibili?es of your mistakes, you will be able to leverage your nega?ves as an asset and tool in how to improve your day-‐to-‐day opera?ons within your job.
• That reflec?ve por?on of analyzing and accep?ng said-‐par?cular mishaps can provide you the necessary steps in preven?ng the failure from happening again.
• As stated before, you want to u?lize this as a learning experience. If you were brave enough to risk it in the first place, you should be confident enough to accept the mistake as it stands.
Create a Plan
Create a Plan • Once you have understood and accepted your failure, you want to make sure you are moving in a progressively beIer way. In order to professionally develop and grow from your failure, you want to create a plan.
• For novice young professionals, the first failure will always be the most painful and regreIable. The process makes you not only ques?on your vision and goals for your company, but also ques?on your abili?es as a person.
• When this happens, you need to accept, plan, and move on. When planning, think of specific overarching goals that you want to accomplish.
• These goals will allow you to create specific tangible steps that can help you set your sights on success.
Put into Action
Put into Action • To fully move on, it is impera?ve that you create ac?on out of this en?re process. Thinking is easy. Ac?ng is difficult. It is the ability to put your thoughts, your concepts, and your dreams into something incredible. Use your failures to mo?vate you. Use them to spark innova?on. Whatever is the case; use those moments to create ac?on.