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Success Advice

Here’s What You Need to Know About Failure

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Most people love success and hate failure. It is rightly said that success has many fathers, while failure has none. However, very few realize that success comes only after successive setbacks and failures. Success comes only when people realize their mistakes and learn their lessons. Success comes when people fail differently instead of failing similarly.

Is Success Without Failure Impossible?

Success without failure is a mere impossibility. That means that true success comes out of several successive setbacks and shortcomings. Success comes from sacrifices and struggles. It comes out of hard lessons learned from failures. When we look at the top global companies like Microsoft and Apple Computers, we see that they had intermittent failures in their entrepreneurial journey. However, they learned what did not work for them and moved forward successfully. Hence, success without failures is impossible.

Success is not counted by the size of one’s initial splash. When you look at start-up companies, you see that most of them have initial failures. The failure rate among first-generation entrepreneurs is high. 

Do You Act or React to Failures?

Life is full of highs and lows. When faced with lows, people often react to external distractions rather than act. If you react to distractions, it becomes a negative approach, and if you act, it is a positive approach. When faced with frequent failures, it is essential to lie low for a while, take feedback and then move on. An inability to do so results in further, frequent failures. Hence, be cool for some time and think things through, and then move on to avoid further disasters. Above all, never react to failures. 

Is Failure a Friend or a Foe?

Like a good friend who corrects you and ensures your progress and prosperity, failure, if handled well, will serve you as a good friend in distress. Failures make you tougher, stronger, and wiser. When you face frequent failures, you will be able to handle them well, as you will develop an inbuilt mechanism to bounce back. Besides, failures prevent you from further falls as you tend to be more careful in your approaches and endeavors. 

Do Leaders Often Fail?

Warren Bennis once said, ‘Around the globe humanity currently faces three extraordinary threats: the threat of annihilation as a result of nuclear accident or war; the threat of a worldwide plague or ecological catastrophe; and a deepening leadership crisis in most of our institutions.’ In addition, it is rightly said that leaders fail due to four reasons: lack of vision, poor communication, tolerance for organizational fragmentation, and character flaws. 

Leaders often face more failures than followers, as they take more risks in their lives. They are more involved in decision-making and are meant to take decisions. As all decisions don’t result in fruitful outcomes, there is greater scope for failure. However, they know that failure is part of their business, and they take in their stride and move on. The followers, on the other hand, are more concerned about failures as they are not habituated to regular decision-making, as most of their time is spent in execution than in decision-making.

“Successful people don’t fear failure but understand that it’s necessary to learn and grow from.” -Robert Kiyosaki

Reagan’s Resilience

Ronald Reagan rose from humble origins. He was a symbol of hard work, whose success was the result of having overcome hardships and challenges. In 1948 he was divorced from his first wife, Jane Wyman. He was not depressed. He failed in his film career. He did not lose heart. His contract with General Electric was terminated. He was unperturbed. He lost to President Gerald Ford in the 1976 primary campaign. It did not break his spirit. But Reagan learned several lessons from these failures and setbacks. Each failure made him tougher, stronger, and wiser and enhanced his determination to fight the odds that were stacked against him. 

Reagan bounced back from each failure with tenacity and resilience. He was firm and determined to one day be the President of the United States. Most people know only about the cozy life that Reagan led, but they should learn that Reagan faced several hardships, challenges, and failures too. But he learned from each failure and bounced back like the Phoenix. 

Hence, to be successful in your life, never say ‘No’ to opportunities. Always be prepared as opportunity may often come in disguise. Find out your core strengths and talents and develop skills and abilities around them. Set strong goals and face challenges head-on. Develop your own network and grow within the available opportunities, rather than blaming destiny or circumstance. 

Lincoln’s Lessons

Here is a man who had seen only lows, not highs throughout his life. Here is a man who failed in all his endeavors. Here is a man who received formal education for only one year. He failed in his personal, professional, and social life initially. He was none other than Abraham Lincoln, who is a symbol of hope for people from humble origins. 

Abraham Lincoln failed several times. He had failed as a storekeeper, postmaster, and lawyer, and ultimately succeeded as a politician. Of course, he faced innumerable initial failures in politics too. However, he learned his lessons from time to time, reinvented himself, and grew.

At last, the lessons he had learned throughout his life helped him become the President of America and evolve as a great leader who went on to win the Civil War, abolish slavery and restore America’s morale. 

Lincoln is certainly one of the best American Presidents, who was emulated by successive American Presidents. Whenever the Presidents of America faced challenges, they would look towards Abraham Lincoln’s life for inspiration and leadership nuggets. If Lincoln had taken failures personally, he would not have grown as a great leader. 

Failure is a Feedback

Failure gives you feedback. It helps you to take stock of the situation and realize where and why you failed. What are the reasons behind and causes of failure? Was it due to external or internal reasons? It makes you more humble as you learn to empathize from others’ perspectives. That is why God places challenges before people. Nobody can have consistent growth in life. There will be peaks and valleys in one’s life. This is what enables people to have excitement in their lives. Otherwise, life will remain boring forever. 

God and Challenges

Challenges do not weaken us, but they do strengthen our willpower. Challenges do not keep us down forever, but bring out the best in us, as it is rightly said that adversity brings the best out of individuals. God helps us to grow through failures. God provides obstacles in our way so that we can overcome them. God tests our true characters by throwing several challenges along the way, as the true character of people is revealed only when they fail and fall. When things go well, any Tom, Dick, and Harry can blow his trumpet. However, real inner strength is revealed only when a man fails and falls. 

Albert Einstein said, ‘I think and think for months and years, ninety-nine times, the conclusion is false. The hundredth time I am right. It’s not that I’m so smart, it’s just that I stay with problems longer.’ Failure indeed delays progress, but it teaches several hard lessons that people fail to learn from others. Failures are opportunities in disguise. It is unfortunate that modern society is intolerant of failure and does not provide another opportunity to prove oneself and succeed. Therefore, people must be careful to avoid failure and if it is thrust upon them, they must face it head-on and bounce back with tenacity and resilience by learning valuable lessons. 

Professor M.S. Rao, Ph.D. is the Father of “Soft Leadership” and the Founder of MSR Leadership Consultants, India. He is an International Leadership Guru with forty years of experience and the author of fifty books including the award-winning ‘See the Light in You’ URL: https://www.amazon.com/See-Light-You-Spiritual-Mindfulness/dp/1949003132. He is a C-Suite advisor and global keynote speaker. He brings a strategic eye and long-range vision given his multifaceted professional experience including military, teaching, training, research, consultancy, and philosophy. He is passionate about serving and making a difference in the lives of others. He is a regular contributor to Entrepreneur Magazine. He trains a new generation of leaders through leadership education and publications.

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Success Advice

15 Essential Habits to a Stronger, Healthier, and Happier You

The journey towards transformation is not about perfection but about progress

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building positive habits

What habits can truly transform your life? That’s what you’re here to uncover. In our no-nonsense guide, we’ll introduce you to 15 habits to change your life, each with the power to improve your day-to-day existence.  (more…)

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Success Advice

19 Common Characteristics All Visionary Leaders Have

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visionary leadership qualities

When you look at business leaders like Bill Gates, Sam Walton, Sir Richard Branson, and philosophers like Bertrand Russell, Martin Heidegger, Ludwig Wittgenstein, David Bohm,  C. S. Peirce and inventors like Nikola Tesla, Paolo Soleri, Harvey W. Bailey, Thomas Edison, Alexander Graham Bell and Wright brothers and political leaders like Mahatma Gandhi, Martin Luther King, Jr. and Aung San Suu Kyi, it becomes very clear that they are all connected through one leadership—visionary leadership. (more…)

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Success Advice

Wealth Lessons Everyone Should Hear for Every Stage of Your Life

Do you have the courage to rewrite your story?

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what i would tell my younger self

Do you see what I see? Likely not, as we each see ourselves through the lens of our own story. (more…)

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Success Advice

How to Choose the Best Affiliate Programs for Your Blog

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers

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how to choose the best affiliate programs for your blog

Picking the right affiliate programs for your blog is really important. It can make a big difference in how much money you can make and how much your readers get out of your blog. With so many choices out there, deciding which ones to go with can be tricky. 

This guide is here to make it easier for you. It will give you clear steps and helpful tips to choose affiliate programs that fit well with what your blog is about, what your readers like, and what you stand for. 

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Understanding Affiliate Marketing

Before you start picking affiliate programs, it’s important to really understand what affiliate marketing is and how it works. 

Basically, affiliate marketing is when you promote a product or service on your blog, and then you get paid a little bit every time someone buys something or does something because you recommended it. 

It’s great for both the person selling the product and the blogger, because the seller gets more sales with low risk, and the blogger can make money from their blog.

How to Choose the Right Affiliate Programs for Your Blog

1. Assess Your Niche and Audience

The key to doing well in affiliate marketing starts with really knowing what your blog is about and who reads it. Consider the following:

  • Your blog’s content: What topics do you cover? Ensure the products or services you promote are relevant.
  • Your audience’s interests and needs: What solutions are they seeking? Choose affiliate programs that offer products or services that solve their problems or enhance their lives.

2. Research Potential Affiliate Programs

Once you know what your blog is about and what your readers want, start looking for affiliate programs. Choose ones that are well-known for good products, great customer service, and helpful support for affiliates. Resources to find these programs include:

  • Affiliate networks like ShareASale, Commission Junction, and ClickBank.
  • Direct searches for “[Your Niche] affiliate programs” in search engines.
  • Recommendations from other bloggers in your niche.

3. Evaluate the Commission Structure

The commission structure is a critical factor to consider. Look for programs that offer competitive rates that make your efforts worthwhile. Consider:

  • The percentage of commission per sale.
  • Whether the program offers a flat rate per action (e.g., per sign-up).
  • The cookie duration, which affects how long after a click you can earn commissions on sales.

4. Consider the Program’s Reputation and Sureness

Join affiliate programs with a solid reputation for quality and sureness. This not only ensures that you’re promoting good products but also that you’ll be paid on time. You can:

  • Read reviews from other affiliates.
  • Check the program’s history and background.
  • Look for any complaints or issues reported online.

5. Analyze the Support and Resources Offered

A good affiliate program gives you things like ads to use, training on their products, and helpful managers. Having access to these resources can really help you do a better job at promoting their products.

6. Understand the Terms and Conditions

Before signing up, thoroughly review the program’s terms and conditions. Pay close attention to:

  • Payment thresholds and methods.
  • Any restrictions on how you can promote their products.
  • The program’s policy on affiliate marketing on social media platforms.

7. Test the Product or Service

If possible, test the product or service before promoting it. This firsthand experience allows you to offer genuine charge and build trust with your audience.

8. Look for Recurring Commission Opportunities

Some affiliate programs pay you again and again for subscriptions or services that charge fees regularly. These can provide a more stable income compared to one-time sales commissions.

Implementing Your Choice

After choosing the best affiliate programs, the next step is to smoothly include your affiliate marketing in your content plan. This includes:

  • Creating valuable content that naturally incorporates affiliate links.
  • Disclosing your affiliate affairs transparently to maintain trust with your audience.
  • Tracking your results to understand what works best for your audience and adjusting your strategy accordingly.

Picking the best affiliate programs for your blog involves careful planning, research, and making sure they match what your audience likes and needs. 

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers. 

The real key to doing well with affiliate marketing isn’t just about the products you talk about, but also how much your audience trusts and values your advice. 

With enough time, patience, and hard work, your blog can grow into a successful space that earns a good amount of affiliate money and helps your readers choose the right products.

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