Is it a must for an entrepreneur to accept failure?

[unhappy triad]

Accepting that you had a rough start is not something someone should be ashamed of. I'm sure when some big me in the business world are asked if they ever failed before won't deny it if they did. Failing is not the problem but failing to rise from your family is a huge problem

 

[Olubayo12]

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?

No one actually wishes to experience failure in their business but if it happens, the best thing to do that time is to accept fate and move on. As an entrepreneur, it is expected of you to already know that business involves success and failure and when the failure parts come, accept them

 

[Raymohney]

Success and failure are too essential for every entrepreneur, businesses do though have good and bad times and when it comes it's always a way to do more for the development of the business. I do encourage people to take failure as a moment to reflect on all the activities of the business and to be able to do more.

 

[Yomiside]

Failure is part of life, it happens in life as in business, but accepting failure is not for any business oriented person. At some juncture of our life, failure must come, but we move at all times move past it and raise above it so success can be achieve.

 

[Kehinde]

Failure is necessary for the building of valuable character traits for entrepreneurial success. Character traits such as tenacity, perseverance, and resilience are all vital for any kind of long-term success. Your ability to push through failure where others quit will lead you on the road to success.

 

[Blue house]

There is no problem in an entrepreneur accepting failure, in fact when an entrepreneur is just starting he will make some decisions and will fail, what matters is that he or she must stand up and move again, you can fail but you must not become a failure.

 

[Kunkun]

Accepting failure is not the end of life. With failure comes so many lessons. As an entrepreneur failure is something to familiarize oneself with so as to make it beneficial

 

[Abid Hussain]

For example, a business may fail, yet its business may be successfully taken over by another person. Alternatively, a firm may fail, but the business may form successful firms in the future (Saraswati Athali, 2013). ... As a result, the meaning of business failure is unclear

 

[Fatima]

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.

You are very correct, you see any time I fail in business or anything I would sit down and reflect on what I have not done well or where I fail to take necessary action with this I am experienced and will never go back to that, so as an entrepreneur see failure as a corrective mechanism to help you re-strategize

 

[Sotherefore]

Whether we accept it or not at some certain point in our life we must experience failure, its part of living. When we didn't fail it m upeans we haven't try out new things, so to be able to succeed we need to improve by trying out new things even if we fail, we dust ourselves and give it anothe

it is totally the truth that sometimes we do experience failure but failure may not actually be something we actually need in life but we can experience failure maybe because of lack of understanding about a particular business but they should not be a month that we must have failure in our life.

 

[Kelly5]

Yes it is a must for an entrepreneur to accept failure otherwise, he is not to bear the title of an entrepreneur. An entrepreneur is a lot things in his or her business. He is a risk taker. A calculated risk taker anyways. He bears the responsibility of hi decission be it profitable or a failure. And no body will take your failure in your business for you

 

[Thosynho]

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?

No one takes pride or pleasure in failure. NO! I guess you are misunderstanding those entrepreneurs story about how they've failed in time past, it's not as if they are happy they failed but it means they never succumb to failure that was why they were successful.

 

[Mandypaul]

You only need to accept failure in your back of business if you do not have an understanding about the particular business you are going is because a restart of a business without proper understanding you may be at risk of having a business collapse

 

[Yan]

If an entrepreneur cannot accept failure it is likely because he can't emotionally handle it, which mean he does his business based on his emotions and is very likely to continually fail. You should never make business decisions based on your emotions.

 

[Chibson]

It is not wise for anyone to go into any business and expect himself to Fail. It is good to prepare for failure which may occur in the future and also have a back-up plan in case of if anything goes wrong. Every businessman should have the mentality of success and also have a winning mindset.

 

[Gidoskî]

He should try and find ways where he failed and what can be done to avoid such.But he isn't allowed to dwell on his failure or allow his failure define him.It isn't about how many times we failed but about how many times we picked up ourselves and kept moving.Failure isn't final dweeling on failure is fatal

 

[Victor72]

As a business man I don't think it's a must for an entrepreneur to accept failure, but still it is normal for an enterpreneur to fail, all you have to do is to learn from your mistakes and then you'll become perfect, every business a risk

 

[Erik4150]

Failure is part of life and it is part of business. An entrepreneur will encounter challenges in business and he will fail sometimes. But it is necessary that he accepts failure and see it as wake up call to do better. He needs to learn from his mistakes and move on. If the entrepreneur is willing he will learn from his failures.

 

[Nemezy]

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

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.

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 h

Every business man must incorporate failure into his scheme , it is never anyone desire to fail ,but for effective business planning one needs to consider the profit and loss.

appens, will you accept it?

Post automatically merged: Feb 14, 2021

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

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.

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 h

Every business man must incorporate failure into his scheme , it is never anyone desire to fail ,but for effective business planning one needs to consider the profit and loss.

appens, will you accept it?

Post automatically merged: Feb 14, 2021

Every business man must incorporate failure into his scheme , it is never anyone desire to fail ,but for effective business planning one needs to consider the profit and loss.

Post automatically merged: Feb 14, 2021

Every business man must incorporate failure into his scheme , it is never anyone desire to fail ,but for effective business planning one needs to consider the profit and loss.

Every business man must incorporate failure into his scheme , it is never anyone desire to fail ,but for effective business planning one needs to consider the profit and loss. Yes

 

[Jlife]

you must accept failure if the part of the business you were going into is not moving, there is nothing you can do and beside you cannot continue or dwell on something that does not work, it will make you to invest more money in something that will not work.