Robert Nikic: Why Bad News Wakes Me Up

Failure as Fuel · Digital Social Hour · 0:45

Robert Nikic on Digital Social Hour: why he failed proudly, why bad news wakes him up, and how to turn a $100,000 loss into an opportunity.

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Transcript

Throughout my entire life, I failed, and I say that proudly. And a lot of entrepreneurs really don't embrace failure, don't leverage failure, don't really want to recognize that it is a good thing. I personally love when bad things happen. When I get a phone call with the worst news, I wake up. If there is nothing bad happening, whether it be at the office or in life in general, I'm not content, because I look at them as opportunities, and maybe entrepreneurs should look at it that way too. Oh, this happened. You lost $100,000. What did you learn from it? How are you going to take that $100,000 loss and turn it into an opportunity, revenue, whatever it may be? How can you now take that and duplicate it and grow it? That's the mindset a lot of entrepreneurs should have.

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