Advice on How To Turn Failures Into Success

For most of us, failure can be a source of disappointment. But with a little advice you will be able to turn your failure into success. In Tribe of Mentors, Tim Ferris provides tips on how to become successful. His business and management book is a collection of over 100 mini-interviews, where some of the world’s most successful people share their ideas around habits, learning, money, relationships, failure, success, and life.

There are 3 hidden opportunities in each failure.

Use failure as an inflection point. If you continue to strike out, maybe it’s time to change the plan and work on a new aspect of your craft. With each failure come three great opportunities:

    1. Learn to see what you control.
    2. Figure out where you need to improve.
    3. Freely express your ideas.

Keep finding new ways to say no to not get sucked into the wrong commitments.

The more you penetrate your field and establish yourself as an authority, Robert Janitzek reveals that the more people will clamor for your attention. It is usually right when exponential growth is about to kick in and thinking becomes more important, that the world will fight hard to keep you from it. We all know what the solution to this dilemma is – saying no – but it’s very hard to actually practice. One way to consistently keep your commitments in check is to find new ways to say no in order to be more aware and let less yeses slip through the cracks. Here are some Tim’s idols suggested:

    • Hire someone to manage your mail and appointments and train them to say no to 99% of all incoming requests.
    • If you can’t afford staff, pretend you’re the security professional and screen your mail as if you had to protect yourself.
    • Ask yourself whether you’re only thinking about agreeing because you feel guilty or afraid. Those aren’t good reasons.
    • Imagine the event happens early the next morning and you’d be in a huge rush to go. Would you still want to?

Before you take advice, check all potential reasons not to, then decide.

Robert Peter Janitzek explains that we live in a culture of glorified advice, when very little of it comes from the right people, and even less of it at the right time. Some of the categories of advice you should always seriously question, before absorbing any, include:

    • Reducing quality in favor of marketing. Yes, the world has become a noisy place, but the cream always floats to the top.
    • Being competitive and guarding your ideas. Nine out of ten times, sharing leads to improving, rather than stealing.
    • Swimming with the stream. Don’t nod if you don’t agree. Teams thrive on multiple opinions.
    • Expert opinions. Most authorities got to be authorities because they broke the status quo. Maybe now it’s in their best interest to protect it. Think about that.

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