Why Loss Is Part Of The Course In Business (And How To Deal With It)
The Daily Grind #70
From subscriptions to courses or people of influence to suffering losses in business, loss is an expected thing when we are going into business. Failure is part of the course for business and when you are walking down this road failure is looming over you expecting you to fail.
But as I and so many others have said before in the past failure is an opportunity for us to grow and develop ourselves.
But what about actual loss?
Because losing out on something is a lot more than a result of a failure. Sometimes we force the loss on ourselves.
We unsubscribe to people.
We move on.
We minimize and eliminate the things that don’t serve us.
How do we handle those things on either side of us when we are giving it to others and when we are receiving it?
Some Brush It Off
A lot of entrepreneurs encourage others to not think about those losses so much. They tell us to move on or to build ourselves up to the point where a loss doesn’t even phase us.
I would be inclined to think that way in the past, however today it doesn’t make much sense. There is always a reason behind why we remove things from our lives.
We don’t remove something for nothing.
Brushing it off removes the opportunity for us to ask the real questions. And sure you may have hundreds if not thousands of fans or subscribers but it raises the question as to why they followed?
Why did that person spend time to subscribe for something only to unsubscribe later?
Maybe they’re a jerk or something?
Or perhaps there is a logical reason behind that.
We could speculate it, but I don’t think we need to be digging that much into something like that, especially when we have no information to go off of.
Some Speculate And Analyze
Others, on the other hand, would take time to speculate and analyze. Much like I suggested above, but going a little bit further. Instead of wondering why you experienced a loss, take the time to ask why that happened in the first place.
Is it because you changed your formula?
Is it because you’ve changed your style of writing or what you stand for?
At the end of the day, it’s worth looking at your vision and what you have for people. Are you fulfilling that vision for people? Or are you simply wasting others time?
When we analyze these losses and how people react to them, you can begin to find patterns. While we may deviate and shift at will, we still have patterns that we follow.
We still do the same morning routine.
We still follow the same or similar routes to work.
We still have habits that we cling to that make us into who we are.
This at the end can tell us what works and what doesn’t and whether a loss warrants a change in our lives.
Some Flourish From Losses
Loss is a natural course of our lives but I think there is more that we can extract from it. Not just what we could differently, but why are we making those shifts and why others are making those shifts.
Perhaps it’s a shift in our values which cause us to unsubscribe from people or to move away from others. Or perhaps we’ve changed and grew so much trying to fit them in our lives again doesn’t make sense any longer.
Whatever the case may be, it’s well worth exploring these losses, even if they are minor. They can reveal so much.
To your growth!
Eric S Burdon
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