402: Why Failure is the Greatest Teacher

We all face failure in our lives.

Sometimes the failure shows up in small doses on a daily basis. Sometimes the failure is bigger and throws our lives into a tailspin.

Stephen Somers joins us to talk about failure and how to apply it to our own lives. He shares his personal story about how he started his career focused on money and material possessions, but as time has passed, he has redefined success by helping people solve problems- problems for which he is not responsible.

Stephen discusses success through the lens of the coronavirus and encourage listeners that if they are finding themselves without work, this is the perfect time to examine and look at other outlets to sharpen skills and branch outside of your comfort zone. He shares some practical questions to ask yourself and expounds on what the answers mean in today’s economy.

In conclusion, Stephen highlights that keys to success are to develop partnerships in order to learn. Also, in order to truly succeed, he emphasizes the importance of helping others.


Key Quotes:

  • “Success is serving other people and helping them get what they want in life.”
  • “If you look at it like an experiment, there’s really no such thing as failure.”
  • “I quickly identified what I’m good at and what I’m not and developed partnerships with people for what aren’t my strengths.”
  • “There are a lot of companies winning…the are online, people can use at home…”
  • “People may believe they can’t start a business because they’ve lost a job but more people are home now with Coronavirus and are looking for businesses like a side hustle.”
  • “The supply chain can’t go down because that is when people really begin to struggle.”
  • “It’s good to focus on building skills that transcend the situation we’re in.”
  • “People struggle because they don’t have the power to change.”
  • “The brain is designed to protect the person.”
  • “Look at what businesses are succeeding right now? Make a list. What is helping them to survive?”
  • “You always have to change between the lens of a consumer and the lens of a producer.”
  • “If I’m never creating anything, that gives me the opportunity to learn how to be a producer.”

Contact Stephen:
Sidehustleheroes.com
Marketplacesuperheroes.com

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