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How to Restart a Failed Project

Failure is a natural part of any process. In life, we all have a moment when we don’t get it right or things don’t go the way we want them to. Although failure is sometimes painful and fills us with frustration or regret, it is an indisputable way to learn a lesson and improve. At the end of it all, the more you make mistakes, the more you learn. To undertake any project you must soak up information, experiences, and knowledge, as much as possible.

As useful as it is, it is intimidating. That is why we understand that you want to avoid at all costs having to start a project from scratch. But if you are already there, and you need to start from scratch, the Freelance Latin America team is here to help you.

There are many reasons why a project can fail, and it can happen to even the best of entrepreneurs. Therefore, you must keep in mind that any mistake you may have made in your project does not define you, and your potential and talent go beyond that. You are able to solve it, you just have to learn how.

Failure allows you to learn from the mistakes you just made and correct exactly that to prevent it from happening one more time, so it’s a huge win in the life of any entrepreneur. Instead of seeing it as the worst moment of your project, see it as a challenge that you will learn to overcome and will contribute enormously to the final development of your idea.

Meditate on Your Mistakes

Your first task when restarting a project is to identify what went wrong the first time, and what caused it to fail in the first place. This can be due to many things: rushing to make decisions without consulting them properly, going bankrupt in the middle of development, or exhausting human resources, among a long list of other mistakes that can be made.

But, to know what you should correct in your next attempt, you must carry out a process of reflection, review, and inventory of everything that influenced the determined failure, until you manage to discover and list all the things that must go, change, or improve for the project to prosper. In many different ways, you must be clear about what caused the failure in order to proceed with the task of starting over.

Recognize 

Once you know what they are, you must now recognize them. Recognize, also, without victimhood or self-condescension, that failure is a part of life and that you will learn something very valuable from this experience.

Failing, or making mistakes has advantages, but just as it seems to take you away from the goal you had in the first place, it brings you closer to other people (being something that you surely have in common with many people) and allows you to reevaluate and redesign things that you already believed. established on your organization or issue.

Learn from every mistake, challenge, or difficulty that life throws your way and you will quickly be a better entrepreneur or leader. It is necessary to see the things that are wrong with what we do and be able to learn the lesson or correct it in the future.

Take Distance

Sometimes it is good to look at your project or the error that caused the failure, from afar so that you can have a more complete and cold picture of what happened. In the fury of the moment, we can get carried away by certain emotions, and not make the best decisions. Sometimes the best step to take is to wait. Take a step back, take a deep breath, and give your mind room to come up with a positive way to get back on track.

In addition, it’s healthy for your mind after the stress which means going through a difficult situation, taking a break from that negativity, meditating, taking a few days, and then coming back more relaxed to come up with a solution.

As we have discussed previously in articles on creativity or the downsides of burnout, the more creative effort you make, the more rest and relaxation of the mind should be. You need fresh air, experiences, stimuli, and things that take your mind to new corners itself and drive the process of creating a new action plan.

Consider Hiring an Expert

Once you have a clearer idea of what went wrong, and what you want to do, you might consider hiring someone to guide you to achieve exactly what you want, including helping you figure out what it is you want, and avoiding that your project fails again.

There are many professionals willing to advise projects at different levels, and at Freelance Latin America you can find the perfect ones for you. You just have to contact us, let us know your need and we will establish a relationship between you and the professional. It is an investment that will undoubtedly be worth it and will reflect its fruits in the success of your project.

Start Small

Even if your project has reached a certain level of success, recovering from a fall means picking up the bits little by little. It’s not advisable to go big from the first moment, if not, on the contrary, take the time and dedication to rebuild what you had formed, meticulously and patiently, since you could find yourself with one of the hateful cases in which it how easy it comes, easy it goes.

Time will press your patience, and if you start again little by little, in a smaller format, and focused on the details, you will have a greater chance of success when it comes to fulfilling your action plan.

Repeat 

Just as you see it. There is no way of knowing how many times these steps will need to be carried out. But we do know that every time you find yourself in a situation like this, you will learn enormously and this knowledge will favor your career and career, so giving up and throwing in the towel would be a real loss. Every time you are at this point, repeat the steps. Learn from your mistakes, move forward, and improve.

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Andrea Corona