Don't be afraid to make a mistake

Mistakes are one of the phenomena that cause most displeasure among new entrepreneurs, giving rise to the fear of making mistakes, which can be harmful because it slows down the development of our actions and our creativity. The fear of being wrong cannot be an impediment or limiting factor when it comes to innovating or carrying out processes with certain risks. Mistakes must be accepted as a phenomenon that is part of the challenge of undertaking and trying to build something with our own efforts.

During the development of this guide we will be addressing some of the basic concepts related to this topic, so that you learn to shape your perspective on the error and to accept to take new risks without fear of being wrong.

Always value the error scenario

When planning a strategy or trying to undertake new actions, always appreciate that the scenario of error exists. Error is a common constant in the development of any company; the most successful businesses in the world failed on many occasions until they managed to find the formula for success.

Making mistakes is not a setback in your development; on the contrary, it is the most accurate way to reformulate your strategies, improve them and propose new solutions to problems.

Although making a mistake usually generates a certain degree of frustration, which is totally understandable, the mentality with which we assume such a mistake can make the difference between obtaining some benefit from the error or wasting the opportunity to learn from our failure to accumulate experience when addressing new challenges. Take every mistake as a school that prepares you on your way to success.

Risk, success and error

Risk, success and error are three variables in the same equation. You will hardly achieve important results if you don't take a little risk, think that if what you want were easy to achieve, everybody would have achieved it before. The difference between remarkable results and ordinary results lies in the risk tolerance of the person who has executed it. Risk tolerance is nothing more than the level of emotional capacity we have developed to withstand the pressure of taking an action, assuming the existence of a high possibility of being wrong.

A given situation is characterized as risky because of the probability of failure it presents. Therefore, by increasing the risk, your chances of being wrong and obtaining successful results will also increase proportionally.

Getting it wrong vs. accepting it

If you are able to weigh what it means to be wrong against the possibility of accepting, you will notice that you have the advantage in your favor. Looking at it pragmatically, every time you make a mistake, you will not only accumulate more experience, but you can try again whenever you want.

On the other hand, if you have made the decision to undertake something big, which involves a certain high risk, you will only need to get it right on one occasion to reap the rewards of your efforts. There are many great entrepreneurs who have failed on numerous occasions in the attempt to carry out a successful business, but once they succeeded they knew how to maximize their results and obtain the greatest benefit from them.

Accept the challenge of taking risks, always in an intelligent way with proper management, do not be afraid of making mistakes and enjoy every step you take with confidence. There is no exact way to anticipate whether a decision is appropriate or not, being wrong is a representation of having had the courage to act.