Last week, I wrote about Success. But what about failure? Statistically, any business or venture is more likely to fail than to succeed. But really, it depends on your definition of failure. If you take the dictionary definition: an act or instance of failing or proving unsuccessful. All told, that's a pretty nebulous definition, given that success means different things to different people. For one, success may mean being able to cut your day job to part time. In which case, enough sales to supplement your day job would count as a success. For another, being fully self-sustaining so you can QUIT the day job...in which case, only enough sales to supplement the income would be a failure.
But again, is it? In a more nebulous sense (meaning NOT the dictionary definition) failure is a state of mind. You only truly fail when you fail to learn from mistakes. Did you overspend on marketing, cutting in to your operating budget? That's a mistake to learn from, and not even necessarily fatal. It's just something to learn and move on.
Did you not practice as much as you could have, leading you to not even placing in the competition? Or what if you practiced til your feet bled, but the first place winner just had that extra spark? How you react in that situation determines whether or not you are a success or a failure. You can scream about how unfair it was, how much you practiced, how you feel robbed of your opportunity. Or you can acknowledge that today was not your day. Go home, do more, try harder. And maybe next time it will be your day.
Failure is very much a state of mind. You can let life's set backs hold you down, you can rail and scream about what went wrong. Or you can acknowledge it happened, dust yourself off, and move forward with plan b....c...d...and plan e. However many plans it takes for you to reach your personal definition of success. You're only a failure when you quit trying.