MBA2543 Q&A Wednesday: I Failed in Business. I'm Afraid to Try Again. How Do I Not Fail Again?

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.8 • 2.2K Ratings

🗓️ 6 November 2024

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you ever failed in business and found yourself too afraid to try again? Wondering how to overcome that fear and move forward with confidence? You're not alone, and today's lesson is here to help.

Transcript

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0:00.0	Hey everyone, welcome back to the $100 MBA show.
0:08.6	I'm Omar Zinholm.
0:09.8	And welcome to another Q&A Wednesday episode where we answer a question from one of you,
0:14.7	one of our listeners, one of our community members.
0:17.4	If you got a question you want to ask, go ahead and head on over to 100mba.net slash Q.
0:23.6	You can submit a question right there, and it could be selected to be answered right here on Q&A Wednesday.
0:30.0	Today's question is from Jamie, and Jamie asks, I failed in business.
0:35.3	I'm afraid to try again.
0:37.0	How do I make sure I don't fail again?
0:39.8	This is a very powerful and important question. It's something that many entrepreneurs
0:45.5	struggle with after facing like a big setback. And I thought it was interesting how the question
0:50.8	is phrased. You know, I failed in business. I'm afraid to try again. How do I make sure I don't fail again?
0:56.5	And this is kind of where the problem lies, where you're trying not to fail. And entrepreneurship doesn't favor people that come into the world of business with this mentality.
1:08.6	In other words, you can't play this game of business trying
1:12.0	not to lose. You've got to go in trying to win. And part of winning, part of succeeding in business
1:18.4	is getting over this idea of being afraid to fail. You can't worry about failure so much that
1:25.3	it impedes your progress. It impedes you for even trying to go for it.
1:30.3	And listen, I totally get it.
1:32.0	I failed so many times in business.
1:34.7	Most of my successes actually started with a failure.
1:37.9	So in today's lesson, you're going to learn how to overcome the sphere of failure.
1:41.6	I'm going to show you how I did it.
	...

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