beingcoreybayless

Failure is truly a part of success… With success, comes failure.

Do not allow failure to be a deterrent nor a discouragement. You need not feel any type of way about a failure other than motivated.

Motivation should be significantly boosted by failure. Sometimes these failures can be traced back to things you should have seen and done differently; other times, things can be out of your control. At the end of the day, learn. That’s it… learn. You must learn from failure. Embrace it. Accept it. Learn from it. I have literally owned five businesses that have failed before I began Bayless Enterprises and Bayless Bookkeeping with my wife. We are presently running two successful businesses which is awesome, but again I watched five fail… and that doesn’t even include the multiple that I had friends and colleagues trying to launch. I had multiple people approach me with good ideas and wanted to get some things going. Ultimately things fizzled, and we went our separate ways for one reason or another.

Let’s tackle the concept of ‘Owning Your Failures’. What do I mean by that?

You must take responsibility for your failures. You are responsible… you own them. People tend to want to absolve themselves of the responsibility of shortcomings or failures… This happens in both life and business, and in both it is problematic.

When it comes to your business, you must be in more control… This is your business, your company… You are responsible for all that happens. Too many try to run from this because they don’t want to be responsible for the failures; this is not the path for them… You can’t handle responsibility, you are not meant to be an entrepreneur. You can’t face the potential and sometimes inevitable failure; you aren’t an entrepreneur. Get it together and find a new path.

For those still with me, step up already and take responsibility. All of it falls on you regardless…

View this from the proper perspective; this empowers you to be in control. When you are responsible, you have the power and ability to make changes. With the power to change, you can take the company in new directions. You learn, grow, and make changes.

Do not fear failure; it happens. Own your failures, so you stay in control of your business.

This is your business… your company… be in control… own it… Get Cocky.

Are you truly in this?… or does it just sound like a good idea to be your own boss?

Truth is, of course it sounds good to be your own boss, but sounding good isn’t enough. Being an entrepreneur is not easy; it is a huge undertaking. You must be prepared to give all you’ve got into this. Are you ready for that?

If you’re not absolutely 100 and ready to give it your all, then it is only going to cause you more problems.

Same thing applies when it is a new idea that has been brought to you or one you’ve discovered. No matter how good it may sound, do not get involved unless it is something you truly have a desire to be involved with. You will lack the drive that is needed, and the business or project will ultimately suffer and in turn so will you.

I am an experienced entrepreneur that knows a few things about getting a business off the ground and running a successful business… and I will be the first to tell you that there are so many other experienced business coaches and entrepreneurs out there. Many of them teach similar principles to the ones I teach and many of them would teach you differently. Ultimately it doesn’t matter… what none of them can teach is passion and desire. No one can teach you to be passionate about your work or teach you to have a desire for something… Desire is something that is engrained in who you are… If this isn’t for you, it doesn’t matter how many blogs you read, books you acquire on your shelf or seminars you attend… We can’t teach you to desire your business. Either you do or you don’t.

You got to figure that one out for yourself and be sure you are on the right path. Do not waste time and money chasing the wrong unicorn.

We are all capable of learning so much but not desire… I can’t stress that enough… Know yourself, know your limits, know where you are going and where you should be… Don’t get in over your head in something you don’t want to be doing. There are many people who claim to be entrepreneurs who have yet to accomplish anything and many who call themselves entrepreneurs but don’t really have any passion for it. If it isn’t for you, find what is.

If you are going to be an entrepreneur… I mean a real entrepreneur than you have to commit fully. You’ve got to go all in with all you’ve got.

Again I leave you with two words… Get Cocky.

The great influencer and business teacher, Dan Lok, once said you cannot manage time; you can only manage your priorities. This could not be any truer, yet we don’t often think of it in this manner. We tend to rush around trying to get things done as if somehow it will make a difference that we are moving faster, that somehow there will be enough time…let me tell you, there won’t. Your time is limited. You only have sixty minutes in an hour and only twenty-four hours in the day… you’ve got deadlines and only so many days before you hit them…
The key is not to try to manage the time but to better manage your tasks… You must get a handle on the many things you have to get done. Trust me, it is so easy to lose track of what you are doing when you are trying to get done so much. Or even just get lost in one task for too long. You must manage your tasks and get control of what you need to accomplish.
If you were working for someone and paid an hourly wage, you would have tasks that need to be accomplished at certain times. It would be important to your supervisor that you met these goals on time; if not, there would be consequences.
You need to remember that although you are going to be putting so much more into your business because it is yours, and it needs you, you must keep things in perspective. You need to set goals and deadlines for yourself. You must prioritize the things that you need to get done.
This can seem overwhelming at first because you are growing a business, and everything seems to be important… start by making a list of all the things you feel need to get done this week and then begin labeling them based on the day they should be done. You have to consider their priority level in addition to the other things you want to accomplish in a given day to be most efficient in organizing them by day. Then map out your day; set an allotted amount of time for each given task… and be reasonable. Don’t give yourself too much time as you want to be productive and optimize your time… remember you are managing your tasks not your time. But you don’t want to be stingy with your time when mapping out your schedule because then when you do not accomplish a task in the allotted time, you will not only be discouraged and frustrated but in addition, you are now behind schedule. Getting behind because of your own scheduling error is a bad thing… Things are going to come up and life happens, so inevitably at some point (more than once to be honest) you will fall behind schedule. You don’t want to cause yourself more problems because you are not accurate in your scheduling from the jump.
Get it together and manage your business before it manages you.
And all in all, … two words… Get Cocky.