One of the impediments to getting back on track is EGO! You feel ashamed, stupid, like it was not your fault, or any of a variety of other feelings. These feelings can impede on your ability to review the situation and determine how to fix the newly created issues. The longer you wait to repair the damage, the more likely the degree of damage will get worse.
Fixes can be extremely difficult and costly but failing to fix the problems may be more costly. Just a simple example is getting a flat tire after driving over a board with a nail. You were not attentive and could have missed the hazard. Failing to stop quickly and safely can enhance the damage. Driving on a flat can result in increased damage to the rims and poor control of the car.
What should you do when you learn of a big or small mistake in your startup? Here are a few ideas:
· Get over the feelings associated with the event; i.e. anger, frustration, fear, etc.
· Quickly analyze the problems that have been created
· Determine where you are and where you need to be
· Review the issues with your team and/or advisors
· Chart a path to the new target that resolves the problems the best you can
· Then: Execute, Execute, Execute
You may notice that the suggestions are similar to what you would do on any new project. The biggest difference is getting over all the emotions than can inhibit you from fixing the problems and moving forward. In short: “Get Over It, and Move On!”
You can follow Taffy Williams on Twitter by @twilli2861 and you can email him with questions at firstname.lastname@example.org and his company website or photo website. You can also find him in the group Startup Group on Linkedin. Other articles can be found in the Charlotte, NC- small business section of Examiner.com. This blog is now listed on StartUpRoar and on Alltop®.