Taking on Risk, Embracing Rejection and Other Startup Lessons From the Trenches

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When starting a business, you not only need a great business idea and a plan to execute it -- you need guts. The multimillionaire entrepreneurs I've interviewed over the years say the road to success can be a bumpy one -- and it takes a certain mindset to deal with the inevitable rejection and failure you'll face along way. Here's some of the best advice I've gleaned from successful entrepreneurs on how to navigate the path and enjoy the ride.

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For more tips on managing your business, check out Entrepreneur Solutions Playbook: 25 Small-Business Challenges.

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