Business Failure: Page 5
The real reason for the failure of any business is lack of leadership, which is driven by a purpose and vision.
Take heart, knowing that Tesla, Apple and FedEx have also been there -- and survived.
A wavering or unsuccessful business endeavor is nothing new to the majority of active entrepreneurs. What's important is how you bounce back.
Seventeen percent of startups studied cited the lack of a business model; 17 percent admitted their product wasn't good enough.
You need to eliminate these five excuses from your mindset immediately.
I can't regret the handful of companies I've launched that have fallen dead flat, because each taught me something.
Here are seven important stats you need to know from the most recent SBA/BLS data. For instance: Half of businesses last five years.
Failure isn't as scary if you consider it a necessary step toward eventual success.
There's a fierce tide of potential for failure in business. Half of all businesses won't make it to the five-year mark.
Failure is an inevitable part of business. Publicly praise employees when they take ownership of the process.
Don't just cheer from the sidelines. Learn from superstars who made big mistakes so you finish ahead of the game.
Vishwas Mudagal, says failure in past ventures taught him a great deal
Twenty percent of small businesses fail within their first year.