Embracing Failure as a Necessary Part of the Entrepreneurial Process + Lessons Learned

This is a vulnerable episode that I was NOT excited about recording! I launched a group coaching container and it failed. But I see the value in failure and embrace it as an integral part of the learning process. So I'm sharing with you my own experience in hopes that it resonates with you, no matter where you are on your journey.

Amy Edmondson author of “Right Kind of Wrong: The Science of Failing Well” says there are various types of failure, but the one we want to focus on she calls “Intelligent Failure” and this is defined as “a failure that comes from the undesirable result of an experiment” but the experiment itself was worthwhile because it taught you something, and can probably be improved upon to create different result next time.

How can we embrace "intelligent" failure, learn from our mistakes, share authentically because we know that others can also learn from our mistakes, and fail less often (and more gracefully) over time? 

In this episode I share my own recent experience and contemplate universal questions and struggles that I know EVERY entrepreneur faces, such as:

-Creating a sense of experimentation and PLAY in our business, and other creative endeavors

-Balancing the experimentation with structure, frameworks, accountability, etc. when it is necessary

-Looking at internal and external factors that may have contributed to a failure, acknowledging them and learning the necessary lesson (without beating ourselves up in the process!)

-Being aware when we feel FEAR - what is it trying to teach us? Are we in danger, or are we on the path to something new and exciting? How can we look under the fear and use it to propel us towards our highest self? 

-Having goals, a big vision, etc. but letting go of the outcome. And letting go of perfectionism! 

I hope you find this episode validating and valuable! Please share with anyone you think could benefit from it, and send me a message on Instagram (@holisticbizgrowth) about your relationship with failure! It's time that we normalized it.