The One Skill Every Successful Entrepreneur Must Master: How to Deal With Failure in Business (And Come Back Strong)
- Cledra Gross
- Jul 3, 2025
- 2 min read
Why No One Talks About How to Deal with Failure in Business— But Should
No one talks about this, but the one skill all successful people have to learn is how to fail.
Everyone wants to talk about what you have to do.
Get clients.
Know how to hire help.
Create your business plan.
But what happens when you work hard and it fails?
What Failure Really Looks Like in Business
Your launch doesn’t go as planned.
The speaking engagement didn’t convert the way you wanted.
You argued with your spouse the day before a big client, and you blew it.
You missed something on your taxes and owe $28,000 to the IRS.
You hire someone who steals your clients.
Now what? How do you deal with the failure in business?
The Secret to Success: Bounce, Rock, Skate, Roll
"Bounce, Rock, Skate, Roll” I’m dating myself, but this song came out in the 80s and you couldn’t go to a skating rink and not hear it.
But it includes what we do in the Impact League.
Bounce Back from Setbacks
Don’t believe the lies so many coaches are spreading — that if you only had their secret 5-step process, you’d be making millions. Creating their 5-step process also included failure.
With hourly coaching tailored for you, the time from failure to bouncing forward is a lot shorter with a Titan in your corner.
Rock with It (Even When You Feel Bad)
You have to learn how to feel bad and still make great choices for your business. Developing the millionaire mindset includes expanding your capacity to be challenged but not stop. Every Titan has mastered this skill.
Skate Past the Mental Chatter
Doubt, fear, second guessing, worry, confusion — every founder faces them. Knowing how to skate past these mental blocks and stay in action is what will make you massively successful.
Roll with the Punches
“Everyone has a plan until they get punched in the face.” — Mike Tyson
You have to learn how to get punched. It’s not always about how hard you can work. Sometimes it’s about how long you can outwork the disappointments that come with being a founder.
In the Impact League, we teach you the mindset of a champion — and that includes knowing how to get hit.
Build Your Failure Tolerance
This entire process is how you develop “failure tolerance”. It’s the ability to tolerate failure and not stop.
When you're in the Impact League you have the support you need when life is dealing you one bad hand after the other.
Avoid the Start-Stop Cycle That Kills Momentum
Without this skill you’ll fall prey to the common start-stop cycle most people fall into — starting when life is good and stopping when life is bad.
Comments