What matters most is not the failure itself, but rather what you do AFTER a failure.
Here are 3 steps to recover from failure:
1. Think of failure as an outcome. Failure is a moment in time. It’s not a permanent state of being. Separate how you think about yourself from the outcome. Just because you experience failure does not mean that YOU are a failure. Having the right mindset is critical to recovering quickly from failure.
2. Resist negative chatter from others. If you fail, all kinds of people – naysayers and others close to you – will fill your head with things such as “I told you so” and “you should have never done that.” You MUST resist and tune out the negative chatter. It will offer zero help. Most of these people are trapped by their own fear of failure and are dying to welcome you to their club. Do not join them.
3. Move quickly on a new plan. While the failure is still top of mind, think (and write down) what you learned from the experience. Be objective, not emotional. Examine what you could have done differently. Then, immediately formulate a new plan and start to take action. Your failure moment will soon be in the rear view mirror.