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Business Failure - Page: 6
I had a great idea, passion and talent, but that wasn't enough. I learned these lessons the hard way so that you don't have to.
Failure isn't always bad -- if you can take something away from it that makes you a better leader.
Successful businesses have cash to hire skilled employees to serve a known market. It's remarkable how often founders overlook those basics.
After taking on the nightclub business in the 1970s, including creating the legendary Studio 54, Ian Schrager turned to hotels.
When everything is starting to click and the business is beginning to grow, be cautious. But not too cautious.