The Entrepreneur’s Theme Song: Today Was a Good Day
Entrepreneurship can be unpredictable. My quote to describe it is, “running a business is like my sense of fashion in that each year I look back at the last and wonder…what I was thinking.” Needless to say, I’ve made a lot of mistakes. Entrepreneurship requires taking risks and inevitably, a fair amount of those risks don’t always pay off. What I’ve begun to realize is that mistakes are integral to success.
Without mistakes, you don’t learn or grow from your experiences as much. That means the value you can bring to an organization is limited without these mistakes.
When things are going smoothly, that’s wonderful. And when things don’t always go so well, that’s important–because that means you learn more, grow more, and become a more valuable entrepreneur. Even a bad day is a good day, and so Ice Cube was right when he said “today was a good day.”
Not convinced yet? Here are 5 examples from my entrepreneurial journey that appear to be bad days, but they’ve fostered growth in myself and our organization.
1. Employee turnover
If you’re like me, this keeps you up at night. You put so much effort into recruiting top talent and fostering a strong company culture–but this never means you’re immune to turnover. It happens. It doesn’t mean you’ve failed; it’s an opportunity to learn and grow.
Every time we lose a team member, we conduct an exit interview. This process has led to significant improvements in benefits, culture, and employee engagement. Being proactive about collecting feedback will make your company stronger.