Entrepreneurs often say, “fail fast and often.” But you have no excuse not to see these potential hurdles coming.
Failure -and the importance of failing quickly and often – is a trendy topic. Learning how to overcome obstacles and setbacks is in fact incredibly important, but at the same time failure can also be incredibly painful, both financially and emotionally.
Lessons learned aside, when you own a business and it’s your money and your future on the line, failure sucks.
That’s why no one sets out to fail – unless, of course, they do one of these things:
1. Assume easy entry equals great opportunity.
Some businesses are easy to start. For example, anyone with a little time on their hands can build an e-commerce website and sell products that others will fulfill. E-commerce is easy to do, hard to make money doing.
…to read this article in full, visit leading US small business resource, Inc.
