HOW NOT TO FAIL LIKE VIJAY MALLYA
Failures are an
inescapable part of any venture. The trick is to not let them get under your
skin
Vijay Mallya is trending on social
media for all the wrong reasons. He has duped Indian banks and the employees of
Kingfisher Airlines. While he owes Rs 7000 crores to the banks, he only
regretted that Kingfisher isn't flying when oil prices are so low. He has done everything
to ruin himself.
In business, as in life, we are
often taken aback by unexpected events. Sometimes, these events are beneficial
and help us achieve our goals. However, more often than not, we face challenges
that have the potential to permanently derail us from making our dreams come
true.
A setback can take any form and come
at any time. It may be a large client who takes his business elsewhere or your
wife filing for divorce. It may be a natural disaster that is out of your
control or the corporation laying off people to cut costs.
Here's how not to feel low:
Don't react immediately
No matter what the setback, there is
one thing that you can control at all times: your reaction.That's right. If you
are having a bad day at the office, there is no need to be a sourpuss and make
life miserable for everyone around. Suck it up and carry on as if all were
well.
Whatever the problem may be, you
will need to address it quickly and come up with a solution. The best way to do
this is by remaining calm and levelheaded.Emotion will cloud your judgment, so
keep it in check, or a small problem can quickly escalate into a big one.
Failure is never permanent
For most people, especially the
ambitious and competitive ones, setbacks are not always easy to swallow. By our
very nature, we do not like to fail. The first time you rode a bike, you
probably fell off in five seconds. Did you just quit and go back to sucking
your thumb? Of course not. You got back on that thing and tried until you could
ride it around the block. Do you still handle failure in the same gung-ho
manner today? Suppose you were up for a promotion and did not get it because
the boss thought that schmuck from finance was a better pick. Would you sulk
and be grouchy for the next three months? Would you have a big chip on your
shoulder and start slacking off on the job? If so, that may be why the boss
picked the other guy instead of you.
The first thing you need to keep in
mind if you fail at something is that failure is nothing more than a temporary
setback.Upon seeing failure in this light, you will come to realize that
failure is not so bad after all, provided you keep trying until you get it
right.
It's a new day tomorrow
Now that you know that failure is
nothing more than a temporary setback, here's another great way to quickly get
back on track. Always keep in mind that tomorrow is a new day. If we have a
rough day and fail at something, it isn't easy to keep our game face on and
keep working through the day at full capacity. This is normal.
However, what separates the truly
successful from everyone else is that they take their medicine, absorb the pain
for that one day, and then come back re-energised and ready for fullout war the
next day.They do not let the previous day's defeat hold them back from
achieving their goals. They do not complain or sulk, because that would only
waste more time -time they could be using to make money.
Don't dwell on the past
Successful people are able to rise
above the fray because they focus on the task at hand and on how they can
improve themselves.
They learn from their past mistakes;
they do not dwell on them.
What's done is done and cannot be
changed. Successful people know this and don't waste time or energy beating a
dead horse.
The past is useful if you use it as
a lifeline. That is, use it to learn from, and don't repeat past mistakes. This
alone will make you a better person.Avoid using the past as an anchor; it will
weigh you down and hold you back. Don't keep your entire past in active memory,
because it will keep you docked for life, and if you don't get out to sea, then
you won't catch any fish.
If your mind is busy going over past
decisions and actions all the time, it does not have time to work on current
problems and future plans. Without planning, no one can be successful.
Clear mind, clean execution
If you miss the game-winning shot
one day, you must come to terms with it quickly and move on. If you do this,
you'll have a clear mind and will perform better. If you want to hit a home
run, you must go to bat with the same mind-set you had the last time you hit a
home run. If you step up to the plate thinking about how you struck out the
last two times at bat, then you'll likely add another strikeout to your box
score for the night. Leave the last at-bat in the past where it belongs; focus
on hitting the ball.
Be a duck
Ducks are graceful creatures. When
you see ducks swimming in a pond, they look as if they are floating along
quietly, not moving a muscle. However, if you look underwater, you'll discover that
they are “paddling“ furiously in order to move forward.
The point is that you must also be
able to look serene and keep your game face on, even if your mind is racing
along at 1,000 mph and your heart rate is only slightly slower.
Take failure in stride by dusting
yourself off, getting back up after a short breather and starting the battle
anew the next day. Every day is a new day -a potentially great new day.
AskMen India MumbaiMirror 21MAR16
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