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Are you ready for failure?

 30 August, 2021   News

How can entrepreneurs overcome the fear of making a mistake?

Any businessman is afraid of failure. This is normal. But the fear of failure shackle the spirit of entrepreneurship. How to avoid this?

It is necessary to perceive failures as a byproduct of long-term success, writes Entrepreneur. A successful entrepreneur learns from his mistakes, continues to move forward, focusing on goals.

Do not listen to those who doubt

Not all people have the thinking and mentality of an entrepreneur. Many will find your unknown path too “risky”. And at the first failure they will say: “I said!”. Ignore them! They chose a different way of life.

There will always be failures and mistakes on the way to great success. They are part of the experience. However, the opportunity to achieve great success far outweighs the failures that occur along the way.

You are in great company!

  • Bill Gates’ view of personal computers has revolutionized our modern culture and economy. However, the history of Microsoft began with the release of a failed technology product.
  • The Walt Disney Company is associated with smiling cartoon characters – Mickey Mouse, Guf, Donald Duck. But before becoming a successful director, screenwriter and animator, the company’s founder Walt Disney passed the stage of “garage”. It was there that he began producing his early cartoons. The first attempts ended in fiasco: the production company quickly went bankrupt.
  • John Grisham’s first novel was rejected by 28 different publishers and agents. But he continued to write, gradually moving towards becoming one of the most famous novelists of the XXI century.

As these examples show, failure can and should be just a learning experience that leads an entrepreneur to success. Are you ready for failure? If not, maybe now is the time to ask why.

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