
Failure is a learning experience
Yes, it may be one of the oldest clichés in the book but most clichés are usually spawned because they are right. Don’t just take my word for it. A study in 2009 by Stanford University psychologist Carol Dweck assessed the brainwaves of a number of subjects with growth mind-sets and fixed mind-sets to see how they coped with failure. The participants who showed that they were willing to learn and take on new challenges showed that failure triggered the same neurons in the brain which are associated with learning. Antoine Bechara, a professor of psychology and neuroscience at the University of Southern California summed up the results by stated that it “comes down to survival” and that our brains are open to the notion of failure in order to learn and develop as a species.
Forecast Future growth
Forecasting is all about steering your business or personal ship through rocky waters by mapping out past successes and failures. By assessing these past endeavors, you can then move forward into tried and tested pastures with reassurance.
A social Boost

Inspiration
Over the years, plenty of businesses have bounced back from bankruptcy. Many of their stories are now documented online for others to learn from. One such case is the video streaming darling, Netflix. In 2011, Netflix’s reputation was badly damaged thanks to their joint venture with Qwikster. In the plan, Netflix was only kept for streaming business, so when a customer wanted to rent a DVD, they were sent to a completely different website in order to control online traffic. After many customer complaints about the poorly structured service, Netflix disassociated themselves with Qwikster, apologized, and bounced back to a 33.2 million customer base in 2013. Some surprising individuals who narrowly missed the pit of bankruptcy include Henry Ford, Walt Disney and Abraham Lincoln.
Build a Positive Outlook

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