This Successful Businesswoman Says Re-imagining Failure Is The Key To Your Success

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We often think of failure as a worst case scenario. Fear of failure holds us back from realising our dreams and sometimes fear of being seen as a failure holds us back from even talking about our dreams.

Barbara Corcoran is, by all accounts, a study in success. After she graduated in 1971 she did a brief stint of teaching, but decided that ultimately she wanted to be her own boss. Aided with a loan from her boyfriend, she started a real estate business in 1973. That business went on to sell for $66 million in 2001.

Barbara’s story is an incredible one, but she has a message for all aspiring business women. Failure isn’t what you think it is. Barbara is adamant that all her best successes came on the heels of failure, and wants to share her experiences of failure as a starting point for success. Rethinking failure isn’t an easy task, we’re hard-wired to think of failure as a shameful outcome to an ill-advised venture, failing in exams meant you didn’t study hard enough, failing to grow your business could mean loss of money and credibility. It’s a scary prospect but Barbara shares her first hand experience of using failure to fuel her successes.

Watch Barbara’s inspiring talk on re-imagining failure below and let us know your experiences with failure:

Photo: Pinterest

  • I love this! This was such a great read. I have been thinking about setting up my own business but begin afraid of failing so I haven’t gone anywhere with it! Thanks for this inspiring post!! Love you girls!

  • Very Inspiring for all areas of life. Thanks for including this video in your blog. Gemma xxx

  • Victoria

    Thank you Barbara , I love your story, and I have always admired you as a sucessful female. I was one of those failing little girls. But when I played in my sand box all by myself, I always drove the best car, owned the nicest house, and was well liked. I believed in myself. Though no one else did. Today at age 64 I am buying a small cafe. After loosing my first food business to my soon to be x-husband of 30 + years, after working 19 years to build, that I worked some times 80 hours a week. I am detail oriented, and always strive to give the best service, and serve the best food possible. Again I will win, and be successful. All it takes is faith in your self.