Is it a must for an entrepreneur to accept failure?

[maventiger]

Most successful business owners of time can tell one or two stories of how they fail in business whether as a startup or when making important business decisions. The question is are they proud of saying they failed in the past? YES.
They accepted failure is part of business and life as a whole, learned from it and continue their journey to success.
As an entrepreneur, we should know that success and failure are linked.

I have failed as an entrepreneur in the past and it wasn't easy to accept it.

if it happens, will you accept it?

 

[Has.an_shahid]

In the event that you experience the history of any effective business visionary you will see that they all accepted inability to the most amazing aspect their favorable position. Tolerating disappointment is the most ideal choice to prevail in your innovative life and this is by a long shot the best system that you can follow.

 

[IamDozzy]

If an Entrepreneur failed in a business venture, the best way for that Entrepreneur to rise back to the top is by acknowledging that he/she has failed but hasn't been defeated. There is a thin difference between failed and defeated. Acknowledging that he/she has failed gives him the motivation to examine the reasons for his failure, work on those reasons and then finally succeed. Failure does not mean defeat, it only when they entrepreneur has resigned never to try again, then he/she has been defeated.

 

[Koredsman]

Failure is part of those things that one encounter in life, it is not meant to bring one down but rather to make one double the hustle, so as an entrepreneur you are eligible to encounter failure but we just have to work so as to overcome

 

[Ibrahim]

As for me it's not a must for an entrepreneur to accept failure because the when such entrepreneur accepted failure then they can never grow again and moreover never think of failure in the first place or in your business but think of growth and moving forward and make a strategy for your business without stress

 

[Adetayo100]

It is a must for an entrepreneur to accept failure in business, so they can move forward. Failure makes one stronger so whn you fail in business you bounce back on your feet then you plan again and try again.

 

[mubinadaddy]

Yes for you to grow in your business you must accept failure and don't take it personal. There is no successful entrepreneurial without failure story or success story. They all fail in one ways or the other but because they didn't give up they succeeded.

 

[Muhammadawais]

Failure is merely a warning that there is something lacking. In order for you to succeed, failure shows what needs to improve. You discover holes in yourself, your plans, your processes, your organization and your team through failure. You are learning where the weaknesses or shortcomings are and what needs to be strengthened or modified.

 

[Trexxxy]

I don't think anybody has a choice other than to accept it and move on, we all learn from our mistakes and gain more experience like that, this will allow us to put steps in place to avoid making the same mistake or something similar.

 

[miztersam]

Normally in this world Giving up should be a sin. you lose only when you give up ,keep pushing keep going no matter the difficulties their is always a light at the end of tunnel if, So an enterprenuer who fails in first or second attempt in business should try again

 

[Richard92]

It is not a must for an entrepreneur to accept failure but when feel your calls if you not take it as a step back but as a motivation to grow further in his line of business and enterpreneur always take failure as motivation and not a challenge.

 

[Nurudeen]

It's very important to accept failure in business. This will help the entrepreneur to restrategize and refocus on how to develop the Business but if the entrepreneur refuses to do that and continue with the old system of business he or she will continue failing

 

[Janita]

As I am always in the favour of those who has failed in starting the business but now are the successful Businessman and even they are the legends and they make other understand and to promote and encourage them from my perspective we should accept the failure entrepreneurs because they easily get each and everything but they take time to work and we have to give them a little bit time with patients and love it is necessary to hurt them and to make them understand with hi knowledge and equipments accessories.

 

[Goodday]

Yes, l would say it's a must for an entrepreneur to accept failure. An entrepreneur is always a risk taker and risks is all about failure or success. But I don't think nature will be fair if it had made it only success, so the failure will always occur and it's must for an entrepreneur to accept them and work towards success in the future.

 

[Sad56]

Success and failure goes hand on hand in life.. every successful person has a bitter story in his past where he encountered by failure .failure is a part of business.so for a entrepreneur, it's necessary to accept failure

 

[FreshKaz11]

Most successful business owners of time can tell one or two stories of how they fail in business whether as a startup or when making important business decisions. The question is are they proud of saying they failed in the past? YES.
They accepted failure is part of business and life as a whole, learned from it and continue their journey to success.
As an entrepreneur, we should know that success and failure are linked.

I have failed as an entrepreneur in the past and it wasn't easy to accept it.

if it happens, will you accept it?

Even as an employer working under someone or organization should never accept failure at all because if you do that means you are tired of trying to win then,and like thee saying winners don't quit but looser do quit ,so my advice is not to accept failure in life both entreprenuer and employer one day we get the main goal we are looking for..

 

[Seun4luv]

Failure is just one step on a very long journey to entrepreneurial success. Use the failure to motivate you into making your business a success instead of scaring you into submission. Failure coupled with fear can mean the end of your business. Failure coupled with motivation leads to success.

 

[Atiqurrehman]

On a very long path to entrepreneurial success, failure is just one step. Instead of scaring you into silence, use the loss to inspire you to make your company a success. The end of your business can mean failure coupled with fear. Failure combined with determination contributes to achievement

 

[Sunny cent]

If you’re the owner of a company, you must accept the fact that at some point you may need to shut your company down, let your employees go and accept defeat. If you look at a potential failure as an opportunity, it will easier when it happens.Everything leading up to failure is a lesson -- the choices you made at the time, the reasoning behind your decisions and so on.

 

[Sunnytee]

Entrepreneurship is all about failure or success so the so called entrepreneur must be ready or awaiting failure or success in the business engaged on but better still entrepreneur should be able to works towards success in the business rather than failure so failure is welcome in any business