Sometimes it can be hard to pull yourself back up; Sometimes you aren't even sure what you did wrong. Here are some tips to pulling yourself out of a rough patch.
Embrace the Failure.
You failed.
Why?
It's important to carefully analyze what you did wrong, Whether you scared away a large number of customers or if your product didn't work out as intended. Make a game plan! What can you improve the next time?
What can you do right now?
Embracing your failure will allow you to open up your mind to new ideas that could lead to something bigger and better. Start trying new things, And No they don't have to be business related, Try them in your personal life. You need more exposure. Sometimes staying in the same routine every day can make it difficult for you to continue onward. While mixing things up can change your perception and help you understand your business and yourself. If you find a weak point, You may be able to outsource that next time.
Don't ever take the critisim personally. You need that to improve.
What does the Market Need?
If no one wears Pajamas anymore and you start a business with only pajamas, It might not work out.
Did your business fail because you werent' catering to the market? While you can pretty much make anything you want. Not everything is created equal. Some things will sell better than others.
I'm not saying you should only do whats "In". Thats not smart either, But if you leverage what is popular into your product you are more likely to get better results. If you make socks and cats are popular. Having a much of "cat" socks would be a smart choice.
A better way to eliminate the competition you'll compete against, Is by creating a new product all together. Think of something that YOU need, That may not exist yet...
Well there may be a lot of people out there who want that same product.
Lets take Poopourri For example.
For those of you who don't know what that is ....
It's a before you go bathroom spray..
" The protective barrier traps odor under the surface, before it ever begins! All you’ll smell is a refreshing bouquet of NATURAL ESSENTIAL OILS. Flush yeah!"
So instead of stinking up the bathroom at your boyfriend/girlfriends house you can make it smell like flowers.
This business is brilliant. They took a problem, That many people have. And they made it disappear With a simple spray.
While the spray is known to be a bit expensive. If you only use it while you are in public, It will last a while. It filled a need in peoples lives that many people didnt' realize they have.
Thats why it's important to do your Reasearch So you know what you are looking at.
Look For More Opportunities
You need to get out of your comfort zone and find those crazy opportunites. They are always there. Sometimes they sound silly or a waste of time, But in reality they'll make a big difference. Sometimes when you are so focused on one thing, Your ability to see other opportunities is comprimised. Thats another reason why trying new things can change your life.
It's like the definition of insantiy, Doing the same thing over and over again and expecting different results. Don't do that. You'll never win.
