Melissa D. Cope - Transformational Coaching

The Upside of Failure

Written by Melissa D. Cope on Monday, 27 June 2016. Posted in Business Coaching, Business Leadership, Main Blogroll Page

In the April 1, 2016 issue of Fortune Magazine I came across an interesting article about failure. It seems that large companies now view entrepreneurs who tried and failed, as more desirable employees for hire. The skill set that comes from having your own business includes ... 

 

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...problem solving, acting quickly, using limited resources to accomplish goals and big companies appreciate the mindset shift that comes with those skills.

According to the article, here are the three biggest benefits of failing:

  1. You learn more. You also retain what you learn longer
  2. It might make you happier. Seems entrepreneurs report higher work-life satisfaction than salaried employees in a Wharton School of Business study.
  3. You become more marketable if you want to re-enter the corporate world. Some of the biggest old-school corporate giants are now nurturing entrepreneurial cultures.

Everything you do is a learning experience and that includes failure. You may never want to give you your small business for the corporate world, but rethinking any negative beliefs you have about failure can help you continue to navigate the entrepreneurial ups and downs with clarity and purpose.

 

 

 

 

 

 

 

 

 

 

 

 

About the Author

Melissa D. Cope

Melissa D. Cope

Melissa holds a B.A. in Psychology from Mt. Holyoke College, graduated from the Connecticut Center for Massage Therapy, and trained at the Institute for Professional Excellence in Coaching (iPEC). She currently lives in Asheville, NC.

Business Coaching is an expression of Melissa's passion to share the pitfalls and strategies she learned while starting up two small businesses. Her ultimate goal is to help you conquer fear, worry and overwhelm so that you can have more clarity, flow and income in your business.

As your Business Coach, Melissa puts to work her extensive training with iPEC - one of the premiere coach training institutions in the U.S. Focused on solopreneurs and small business coaching, she teaches you how to tap into your unique strengths and gifts so that at the end of the day you feel more energized and fulfilled!