How Do You Deal With Business Setbacks?

How Do You Deal with Business Setbacks?


How do you react when something doesn’t go right in your business? Do you avoid the problem? Do you agonize over what went wrong? Retreat into a funk? Even though we consciously know that set-backs are inevitable, they’re still hard to swallow. The last thing you want to do though is give up. Take a break and step back if you need to, but don’t even contemplate throwing in the towel! Here are a few things to think about when you are facing a stumbling block in your business.


  1. Change your perspective. This one is such a cliché that I hesitate to even write it, but there is a reason that you will hear it over and over again. As any successful business person will tell you, setbacks are part of the journey. Not only that, but failure is necessary. You get better when you are forced to approach things differently.
  2. Remember that you’re not alone. Even though it may feel like you are isolated, remember that loads of hugely successful people have experienced failures and they will usually tell you that it was essential to their success. As Dr. Wayne W. Dyer said: “Life is all about learning and one of the most memorable ways of learning something is by messing up.”
  3. Look for the cause of the problem and figure out the essential steps you need to take. Then stop thinking and take action!
  4. Seek guidance from someone you trust, who has built their business from the ground up. Odds are, he or she will have dealt with the same problems that you’re now facing.
  5. Believe and trust in your ability to overcome whatever comes your way. That is a vital part of getting through any crises.

Remember, most setbacks aren’t permanent unless you don’t do anything about them. You can make the most of a bad situation, or make matters worse, so stay motivated and find a way past this!

Do you have a business situation that could have gone better than planned? If you were to experience it again – knowing what you know now – what would you do differently? I’d love to hear your stories and comments over at!

Molly Baker
Sound Administrative Solutions

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