Stephen Petasky has built one of the largest luxury real estate portfolios in the world, and he equates all of his success on his ability to learn from the countless failures he's experienced throughout his career.
Here's how he puts it.
Did you ever build a house of cards? And then watch it tumble down? It's frustrating. But then you learn. You understand the foundation better.
Thomas Edison once remarked, "I have not failed. I've just found 10,000 ways that won't work."
Starting a business? Expect failure. Not as a sign of inadequacy, but as a teacher.
Take Elon Musk. He had rockets explode before successfully launching them. That didn't stop him. It taught him.
Every entrepreneur has a failure story. What differs is how they use it.
Failure is like a gym workout. Heavy. Painful. Yet, it builds stronger muscles.
I've failed. Multiple times. The weight? Tremendous, especially when it's not just your money.
But here's the rub: Fear of failure is worse than failure itself.
Yes, it's cliche. Every motivational post screams, "Don't fear failure!" But it's repeated because it's real.
Gray hairs? Yep, you'll get them them. From mistakes, lessons, and growth.
Each mistake, a lesson. Each lesson, a stepping stone. Each stone, closer to the dream.
Building a business isn't about never falling. It's about standing up, every single time.
So, here's the advice, old yet gold: Embrace failure, not as an end, but as a new, smarter beginning.
