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#Business Failure

Expert

Failure will help us win

Byline: Petr Adamek, CEO of Canberra Innovation Network In Australia, we love to celebrate success. Whether it’s kicking a goal on the football field or passing a final exam at school, we hold winners in high esteem. Same applies in the business world. Those who succeed are lauded at awards and in media while those […]

Loren Webb · 2 min
Locked

SMBs trust gut instincts over professional advice

With gut instincts behind many an entrepreneur’s interesting business idea, it’s no surprise that they then trust these instincts to lead them in running their businesses.

Gina Baldassarre · 2 min
Advice

Face your fear of failure and overcome it

It’s inevitable: we’re all going to fail at something. Unfortunately, for many people this failure evolves into a fear of trying. Here’s how not to let fear get the better of you.

Fred Schebesta · 2 min
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3 brilliant mistakes that built companies

These entrepreneurs went to the brink of failure – and then turned things around. Here’s how.

Inc. · 2 min
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Economy

Local business continues its struggle to stand

Business failures around the world are at an all time low, but it seems local businesses aren’t enjoying this global trend.

Lucy Cormack · 2 min
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Are you still employable?

Julian Smith asks if you’ve given thought to whether you’ll be employable should your business fail. “The important part to remember is that in the wake of every business failure is owners needing to head back to the workforce they left behind. This surprisingly, isn’t as easy as it seems.”

Julian Smith · 2 min
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Did you know 80% of businesses don’t fail in the first year?

Rhondalynn Korolak blogs about how many businesses REALLY fail in their first year. “I searched the internet and couldn’t find confirmation of any study that was done to back-up this statistic by a reputable or well-known bureau. What I did in fact find was some evidence to the contrary.”

Rhondalynn Korolak · 2 min
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Does your business have a single point of failure?

Garald Chait of Reckon Limited blogs about the ‘single point of failure’ in business. What’s yours? And what can you do to better protect yourself and your business? “First, he needs know what are the single points in his business are that could potentially ‘de-rail’ his plans if they stop functioning. If his business has a non-process driven or a non-collaborative culture he is likely to find several points.”

Gerald Chait · 2 min