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Decision and Failure: Deciding That Failure is Not an Option

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why failure is important
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Nobody likes wasting time, money or opportunities by making a bad business decision. We can certainly identify what “bad” looks and feels like, however we should be identifying what the “win” looks like too. Too often we focus on the bad, which puts us in victim mode that perpetuates a scarcity mindset which leads us directly into becoming frozen or stuck.

When we are forced with a decision, we should just make the choice and not fret about what may come next. Not all decisions are bad and conversely, not all are good. Sometimes we even make good choices that end up bad or bad choices that end up good. Failure presents itself in two primary ways, through our mistakes, and in our fears. 

Make the Mistake…Fail

Learning from our mistakes can be tough yet the most successful entrepreneurs will also tell you to FAIL fast and FAIL regularly! What? Coming to understand why anyone would want to fail and be happy about failing is quite liberating. The truth is, we learn so much from our failures that we literally need failure in order to learn those lessons required to become more successful.

Sounds crazy but the truth is…. It is the truth. The word FAIL can be described as Full Accountability In Learning. When we take full accountability for where we are at, the circumstance, the situation, the event, whatever it is, we can either achieve the results desired, or we can learn from it.

When the mistake ends in learning, we should celebrate it (I think of the Disney movie, Meet The Robinson’s here – side note, it belongs on the top 10 list of movies for entrepreneurs to see). Learning requires us to make changes. Change is good. Change is necessary. Change is growth.

“Failure should be our teacher, not our undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end.” – Denis Waitley

The Only Thing We Fear…Fear Itself

The second aspect of failure comes in the face of fear towards failure. When you find yourself frustrated from your last perceived failure that you are nervous about making your next decision too quickly, that is fear. When you find yourself caught up in the “paralysis by analysis” cycle and either have a difficult time making decisions or procrastinating on a decision, that is fear.

The crazy part…as hard as we try to weigh all our options to make the best possible decision, it is NOT possible to fathom all the options! Let that sit for a moment because it is almost counter cultural to think that way, yet when we do, our minds open up into a world full of possibilities. Faith returns, hope endures, procrastination crumbles.

Faith and Decision Making

The reason is that until we take that next step of faith, we have no idea of the resources, relationships, and opportunities that can and will surface from that single decision. You see, it’s literally not possible to have ALL of the information. Certainly, we need to make the best decision with the information we have at the time yet, still have faith to know and understand there will be information we do not have readily available, and it is okay.

There is a part of taking action that requires faith and persistence in continuing to move forward and pivot as we go. This is not the same as “just winging it.” Faith is fully allowing it to happen as it is designed to. Some high-level businesspeople refer to this as having no regrets on the actions taken.

Once you decide on a course of action, take steps which support that decision based on all the tools in your personal toolbox… at the time. As you continue to add new tools to your toolbox you will make stronger decisions. This is where persistence becomes crucial.

“If you learn from defeat, you haven’t really lost.” – Zig Ziglar

The Choice is Yours

It’s clear that understanding these aspects of decision making and the way you approach the process of making decisions along with how you proceed during and after a failed decision sets the tone for learning how to make better decisions that results in stronger successes. Be persistence in acting in faith and do not be afraid to fail. Having faith over fear will be key in mastering the failures made from your decisions.

International Educator, Speaker, Author, and Business Coach, Lori helps entrepreneurs and organizations focus on the foundational tools needed for sustained success. As a Curriculum Designer and Business Professor, Lori has helped grow hundreds of organizations organically (including her own company that includes Legacy Builders, Media Secrets, and Driven Mastery -- brands that help Entrepreneurs build a true, long-lasting purpose). Lori has been featured on ABC, NBC, CBS, FOX, & various regional markets. She has authored / co-authored several books and works globally to support literacy, cancer research, young entrepreneurship, and military programs. Helping raise over three million dollars for literacy, Lori was awarded the Lifetime Presidential Service Award for her work. More recently Lori co-hosts a weekly webinar entitled Marketing Essentials Unlocked, with Co-host Brain Gangel and travels extensively speaking being featured over 500 times yearly in the media. For more info visit www.lorimcneil.com.

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Life

How Learning the Skill of Hope Can Change Everything

Hope isn’t wishful thinking. It’s a state of being and a skill that has profound evidence of helping people achieve success in life

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Hope as a skill
Image Credit: Midjourney

Hope isn’t wishful thinking. It’s a state of being and a skill that has profound evidence of helping people achieve success in life.

Wishful thinking, on the other hand, is like having dreams in the sky without a ladder to climb, having a destination without a map, or trying to operate a jet-engine airplane without instructions. It sounds nice but is impossible to realize. You don’t have what you need to make it happen!

What Real Hope Is

Real hope is actionable, practical, and realistic. Better yet, it’s feasible and can be learned.

One popular approach is Hope Theory. This concept is used by colleges to study how hope impacts students’ academic performance. Researchers found that students with high levels of hope achieve better grades and are more likely to graduate compared to those with less hope.

Hope can be broken down into two components:

  1. Pathways – The “how to” of hope. This is where people think of and establish plans for achieving their goals.
  2. Agency – The “I can” of hope. This is the belief that the person can accomplish their goals.

Does Hope Really Work?

According to Webster’s Dictionary, hope as a noun is defined as: “desire accompanied by expectation of or belief in fulfillment.”

As humans, we are wired to crave fulfillment. We have the ability to envision it and, through hope, make it a reality.

My Experience with Hope

For 13 years, I was a hopeless human. During my time working at a luxury hotel as a front desk agent earning $11.42 per hour, I felt the sting of hopelessness the most.

The regret of feeling my time was being stolen from me lingered every time I clocked in. Eventually, I decided to do something about it.

I gave myself permission to hope for something better. I began establishing pathways to success and regained agency by learning from self-help books and seeking mentorship.

Because I took action toward something I desired, I now feel more hope and joy than I ever felt hopelessness. Hope changed me.

Hope Actually Improves Your Life

Wishful thinking doesn’t work, and false hope is equally ineffective. Real hope, however, is directly tied to success in all areas of life.

Studies show that hopeful people tend to:

  • Demonstrate better problem-solving skills
  • Cultivate healthier relationships
  • Maintain stronger motivation to achieve goals
  • Exhibit better work ethic
  • Have a positive outlook on life

These benefits can impact work life, family life, habit-building, mental health, physical health, and spiritual practice. Imagine how much better your life could be by applying real hope to all these areas.

How to Develop the Skill to Hope

As acclaimed French writer Jean Giono wrote in The Man Who Planted Trees:
“There are also times in life when a person has to rush off in pursuit of hopefulness.”

If you are at one of those times, here are ways to develop the skill to hope:

1. Dream Again

To cultivate hope, you need to believe in its possibility. Start by:

  • Reflecting on what you’re passionate about, your values, and what you want to achieve.
  • Writing your dreams down, sharing them with someone encouraging, or saying them out loud.
  • Creating a vision board to make your dreams feel more tangible.

Dreams are the foundation of hope—they give you something meaningful to aspire toward.

2. Create an Environment of Hope

  • Set Goals: Write down your goals and create a plan to achieve them.
  • Visualize Success: Use inspirational quotes, photos, or tools like dumbbells or canvases to remind yourself of your goals.
  • Build a Resource Library: Collect books, eBooks, or audiobooks about hope and success to inspire you.

An environment that fosters hope will keep you motivated, resilient, and focused.

3. Face the Challenges

Don’t avoid challenges—overcoming them builds confidence. Participating in challenging activities, like strategic games, can enhance your problem-solving skills and reinforce hope.

4. Commit to Wisdom

Seek wisdom from those who have achieved what you aspire to. Whether through books, blogs, or social media platforms, learn from their journeys. Wisdom provides the foundation for real, actionable hope.

5. Take Note of Small Wins

Reflecting on past victories can fuel your hope for the future. Ask yourself:

  • What challenges have I already overcome?
  • How did I feel when I succeeded?

By remembering those feelings of happiness, relief, or satisfaction, your brain will naturally adopt a more hopeful mindset.

Conclusion

Hope is more than wishful thinking—it’s a powerful skill that can transform your life. By dreaming again, creating a hopeful environment, facing challenges, seeking wisdom, and celebrating small wins, you can develop the real hope necessary for success in all aspects of life.

Let hope guide you toward a brighter, more fulfilling future.

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Life

The 5 Stages of a Quarter-Life Crisis & What You Can Do

A quarter-life crisis isn’t a sign you’ve lost your way; it’s a sign you’re fighting for a life that’s truly yours.

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The quarter-life crisis is a well-defined set of stages—Trapped, Checking Out, Separation, Exploration, Rebuilding—one goes through in breaking free from feelings of meaninglessness, lack of fulfillment, and misalignment with purpose. I detail the stages and interweave my story below. (more…)

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Life

Here’s The Thing About Learning, Unlearning, and Relearning

Stop hoarding and start sharing your knowledge and wealth for the benefit of humankind

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Few people have the habit of hoarding their wealth without spending.  However, it limits their motivation as they tend to get into their comfort zones.  When people start spending money, then there will be depletion in their coffers. (more…)

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Life

3 Steps That’ll Help You Take Back Control of Your Life Immediately

The key to finding “enough” is recognizing that the root of the problem is a question of self-esteem and deservedness

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“It’s never enough.” (more…)

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