16: Business Failures: Recovering From vs. Redefining Them

If you could go back in time, what advice would you give yourself?

Spoiler alert: (Even) I hate this question!
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Hindsight is 20/20. It gives us a less tender opportunity to learn from past mistakes, oversights, and failures. As someone who’s fascinated but learning from her own history, I know there’s more to get out of hindsight — like learning how to fail up.

Merchant Method Programs · 016 Business Failures Recovering From Vs. Redefining Them

We know history repeats itself.

We also know that if we want different results, we often have to DO something different than we’ve done in the past.

Throughout my career I’ve learned how to get and grow by accepting my contribution to professional failures. And I’ve learned to do far more than chalk it up to valuable experience.

In fact, I’ve learned how to leverage failures rather than redefine them.

In this week’s podcast episode, I share my perspective on making the most of bad results:

• Why we are comfortable redefining failures
  
• Seeing the past in a new light rather vs. using the past as a stepping stone to new results
  
• The importance of making intentional choices — and documenting them
  
• Why wrapping up the choice, action, and results process is critical
  
• The value of measuring both accomplishments and the gaps between goals and results
  
• Incorporating learning into your leadership role
  

To help you master the art and science of merchandising, join my free live trainings at Retail Charm School by visiting MerchantMethod.com/School.

If you like this episode, here’s how to dive in even deeper.

➙ Learn alongside other retailers and makers by joining Retail Charm School — a free video-based, livestream show. Visit MerchantMethod.com/School to learn more.

Bonus Video Training for Action-Takers

With passion and purpose,

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