Episode 301

Moving On from a Failed Business or Career Opportunity.

Published on: 21st March, 2023

Hello and welcome to The Traveling Introvert. Today, I would like to talk about how to bounce back a little from maybe a failed business venture or a career or job opportunity. It's really difficult when you've recently experienced a business or career setback because sometimes it leaves you feeling maybe lost, overwhelmed, anxious, unsure of your next steps, and wondering if where do you go from here? Are you able to bounce back? And everyone kind of experiences this. You are not alone. Everyone on the planet experiences failures and setbacks at some point in life. That is just a part of life, but it hits harder when it's to do with the way that you make money. And it really is very natural to feel upset and discouraged when something like that happens. But understanding that the incident or the failure that has just happened is a normal part of learning and growth, and that will help you get through it and also change your perspective a little bit. And this is how to make sure and figure out if you're ready to move on and start something new. And so here are some steps that will help you get back on track and put that past failure into perspective.

Go ahead and reflect on what went wrong. Take some time to think about what might have led to that failure. What were the challenges that you faced? What mistakes or missteps did you make? What could you have done differently with the knowledge you knew then? Because don't do the hindsight is 2020 thing. And then when you reflect on what went wrong or not the way that you thought, you might start to identify patterns or areas where you need to improve if this is something that happens frequently.


Another thing you can do is get some support. If one thing is vital to your ability to bounce on back, it's having a supportive network of folks who want to and are willing to help you get through tough times and provide you with guidance and encouragement. Reach out to people you trust and talk to them about what's going on, what you're thinking. Maybe they can help you with your reflections. They might be able to offer you really valuable insights and advice, or simply provide you with the emotional support you need to get through this difficult time or be a sounding board. The next thing you need to think about is taking care of you.


After a setback, it's really easy to get caught up in negative thoughts and feelings. However, taking care of your physical and emotional wellbeing is really important, especially when you're dealing with a difficult situation. So, ensure that you get enough sleep, eat well, and engage in behaviors that help you relax and recharge so that you can go and move forward with your life.


Now, with the review that you did, learn from those mistakes and those missteps. The fact is, pretty much every failure is an opportunity for growth and learning. Try to take the lessons that you've learned from your experiences so you can apply them to your future endeavors. Use your experiences to make better decisions, and with each choice you make, you're going to become better at it.


Don't beat yourself up. Be kind to yourself. It's really natural to feel disappointed and upset after a failure, but it's important to remember that everyone makes mistakes and experiences setbacks. So be kind and don't beat yourself up over what happened. Instead, focus on the positive things you've accomplished and the progress that you have made. Use it as a motivation to keep moving forward. If necessary, take a break. If you're feeling overwhelmed and burnt out, it may be helpful to take a break from work or whatever it is and focus on other aspects of your life for a while, as long as you can afford to do it. Use this time to relax, recharge, pursue hobbies or activities that bring you joy so that you can return to yourself with a fresh perspective and renewed energy.


And look for new opportunities. Once you're ready, look for new opportunities aligned with your goals and interests. Don't fear risks and please keep trying new things. Sometimes the best opportunities come from failures. So, remember, it's okay to experience setbacks and failures. However, it is vital to learn from them and you will start again and be in a better place.


Thank you for listening. This is Janice at The Career Introvert. Helping you build your brand and get hired. Have a great rest of your week.

Transcript

Hello and welcome to The Traveling Introvert. Today, I would like to talk about how to bounce back a little from maybe a failed business venture or a career or job opportunity. It's really difficult when you've recently experienced a business or career setback because sometimes it leaves you feeling maybe lost, overwhelmed, anxious, unsure of your next steps, and wondering if where do you go from here? Are you able to bounce back? And everyone kind of experiences this. You are not alone. Everyone on the planet experiences failures and setbacks at some point in life. That is just a part of life, but it hits harder when it's to do with the way that you make money. And it really is very natural to feel upset and discouraged when something like that happens. But understanding that the incident or the failure that has just happened is a normal part of learning and growth, and that will help you get through it and also change your perspective a little bit. And this is how to make sure and figure out if you're ready to move on and start something new. And so here are some steps that will help you get back on track and put that past failure into perspective.

use don't do the hindsight is:

Another thing you can do is get some support. If one thing is vital to your ability to bounce on back, it's having a supportive network of folks who want to and are willing to help you get through tough times and provide you with guidance and encouragement. Reach out to people you trust and talk to them about what's going on, what you're thinking. Maybe they can help you with your reflections. They might be able to offer you really valuable insights and advice, or simply provide you with the emotional support you need to get through this difficult time or be a sounding board. The next thing you need to think about is taking care of you.

After a setback, it's really easy to get caught up in negative thoughts and feelings. However, taking care of your physical and emotional wellbeing is really important, especially when you're dealing with a difficult situation. So, ensure that you get enough sleep, eat well, and engage in behaviors that help you relax and recharge so that you can go and move forward with your life.

Now, with the review that you did, learn from those mistakes and those missteps. The fact is, pretty much every failure is an opportunity for growth and learning. Try to take the lessons that you've learned from your experiences so you can apply them to your future endeavors. Use your experiences to make better decisions, and with each choice you make, you're going to become better at it.

Don't beat yourself up. Be kind to yourself. It's really natural to feel disappointed and upset after a failure, but it's important to remember that everyone makes mistakes and experiences setbacks. So be kind and don't beat yourself up over what happened. Instead, focus on the positive things you've accomplished and the progress that you have made. Use it as a motivation to keep moving forward. If necessary, take a break. If you're feeling overwhelmed and burnt out, it may be helpful to take a break from work or whatever it is and focus on other aspects of your life for a while, as long as you can afford to do it. Use this time to relax, recharge, pursue hobbies or activities that bring you joy so that you can return to yourself with a fresh perspective and renewed energy.

And look for new opportunities. Once you're ready, look for new opportunities aligned with your goals and interests. Don't fear risks and please keep trying new things. Sometimes the best opportunities come from failures. So, remember, it's okay to experience setbacks and failures. However, it is vital to learn from them and you will start again and be in a better place.

Thank you for listening. This is Janice at The Career Introvert. Helping you build your brand and get hired. Have a great rest of your week.

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About the Podcast

The Traveling Introvert
A bite-sized podcast about traveling while running a business and being an introvert.
Not knowing what introversion was until my 30s, I feel that I wasted some of my early years by not really understanding myself. An inspiration for my business is that I want to help others understand themselves better, earlier on in their careers and their lives. Introversion is a very misunderstood area – introverts can suffer mentally and physically because people typecast them or act negatively towards them. It’s not nice to be trapped in a little box. When you label somebody, they tend to act like that label, which stops people from achieving their true potential. I don’t let being an introvert define me, I let it guide me.
If you are looking for some career coaching or just want to reach out
contact me at janice@thecareerintrovert.com