This document provides advice on what to do when an idea fails through examples of famous entrepreneurs who experienced failure and rejection before success. It outlines a 10 step KALMANG process to come back better which includes keeping cool, acknowledging failure, learning from feedback, and negating negativity. Key messages are that failure is an opportunity to improve and that enduring challenges makes success sweeter. Famous entrepreneurs discussed who failed multiple times include Walt Disney, Colonel Sanders, Fred Smith of FedEx, Henry Ford, Steve Jobs and Sigmund Freud.

1. FIRST STEP WHEN
IDEAS FAIL

2. My Personal Journey of Making
My Idea a Reality

4. Our only enemy is our self.
The Way We Feel
The Way We Think
What We Do

5. “
If you think you can believe
it, you can do it. If you can
do it, you can achieve it. If
you can achieve it, you can
welcome a better life.
”

7. There are no perfect results,
only perfect experiences.

8. Sigmund Freud was booed from
the podium when he first
presented his ideas to the scientific
community of Europe. He returned
to his office and kept on writing.
Sigmund Freud is the Founding Father of Psychoanalysis

9. Henry Ford failed and went
broke five times before he
succeeded.
Henry Ford – Founder of Ford Motor Company
“Failure is simply the opportunity to begin
again, this time more intelligently.”

10. Fred Smith, the founder of Federal
Express, received a "C" on his college
paper detailing his idea for a reliable
overnight delivery service. His
professor at Yale told him, "Well, Fred,
the concept is interesting and well
formed, but in order to earn better than
a "C" grade, your ideas also have to
be feasible.
Frederick W. Smith – Founder of FedEx (Federal Express)
“Fear of failure must never be a
reason not to try something.”

11. "So we went to Atari and said, 'Hey, we've got
this amazing thing, even built with some of your
parts, and what do you think about funding us?
Or we'll give it to you. We just want to do it. Pay
our salary, we'll come work for you.' And they
said, 'No.' So then we went to Hewlett-Packard,
and they said, 'Hey, we don't need you. You
haven't got through college yet.'" ~ Apple
Computer founder Steve Jobs on attempts to
get Atari and HP interested in his and Steve
Wozniak's personal computer.
Steve Jobs – Founder of Apple, Inc. and Pixar Animation Studios
“Sometimes when you innovate, you
make mistakes. It is best to admit them
quickly, and get on with improving your
other innovations.”

12. Walt Disney was fired by a newspaper editor
because "he lacked imagination and had no
good ideas." He went bankrupt several times
before he built Disneyland. In fact, the
proposed park was rejected by the city of
Anaheim on the grounds that it would only
attract riffraff.
Walt Disney, Founder of Disneyland and Walt Disney Animation
Studios
“Everyone falls down. Getting
back up is how you learn how
to walk.”

13. Colonel Sanders started out as an
entrepreneur at the age of 66; when he
developed a “Chicken recipe” business idea.
He took this business idea to different
restaurants and he was turned down over a
1,000 times. These rejections formed the
foundation on which Kentucky Fried Chicken
was built and this is what Colonel Harland
Sanders has to say about his initial failures.
Col. Harland David Sanders – Founder of Kentucky Fried Chicken (KFC)
“One has to remember that
every failure can be a
stepping stone to something
better.”

14. What to do when an
idea fails?

16. K – Keep it cool

17. A - Acknowledge that you have failed.

18. L – Lay down your strengths and AFIs.

19. M - Make an effort to right your wrong.

20. A – Adopt a better game plan

21. 10 Ps of Coming Back Better
Path
Planning
Preparation
Passion
Perseverance
Patience
Positivity
Probing
Process
Prayer

22. L – Learn feedback to improve your
idea.

23. A – AHA! moment will
then pop up anytime.

24. N – Negate negativity.

25. G – Get help from God and
go at it again!

26. “Don’t be sad and feel miserable when it seems
you don’t run out of problems on your way to your
desired success. The fact is, the more problems
and challenges you can endure, the better.
Because when you finally hit the jackpot, you would
certainly have a better inspirational story to share
with other people.”
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