Losing or failing is a part of becoming successful. It is not if you are going to fail when starting or operating a business, but when. Every entrepreneur fails at something. The question is, “Are your failures going to be pretty or ugly?” In determining if your failures are going to be beneficial or not, the key issue is “how to minimize, reboot and learn from failures.”
Some of the most valuable insights an entrepreneur can gain are from failures. There is not a single successful entrepreneur, franchisee or billionaire that has not failed. In fact, some of the most successful have failed multiple times. The difference between ugly failures and failures that catapult entrepreneurs to better and more meaningful successes is the process used to create future successes.
Next Blog Posting: The Failure to Success Model
Monday, August 24, 2009
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