What do you do when a bad situation occurs in your business?
Do you just put out the fire and let it go?
I hope not! I say that because if you just let it go, you will have shown that you haven’t learned from the situation. It is the learning from the situation that will make all the difference in the on-going growth of your business. Recently I came across this quote from author Brandon Mull; “Smart people learn from their mistakes. But the real sharp ones learn from the mistakes of others.”
So how can you learn from experiences in life?
I believe there is a 4 step process to learn effectively. The steps are as follows;
- Decide on the experience you want to learn from
- Review what happened in the experience
- Itemize the conclusions you’ve learned
- Create a plan from what you’ve learned.
When can you put this learning model into action?
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