No entrepreneur starts out to fail; on the contrary, the notion of success is the fuel that powers them to make decisions, achieve goals and realize their dreams. Only half of businesses make it to their fifth birthday – so that’s a 50% chance of surviving. However, failure has been the key ingredient to many a successful entrepreneur’s story.
When you research the traits that entrepreneurs invariably possess, you will come across lists that include:
Self-starter
Competitive
Confident
Determined
Disciplined
Passionate
The mix of these traits are essential for anyone who wants to start and develop their own business, but even those people who are blessed with these characteristics can have businesses that don’t succeed. Why is that? The answer is because they don’t have resilience or the ability to reflect objectively, adapt and learn from the challenges they ha
How Failure Can Breed Success
With a lot of people working hard to pay their bills, and often having no money left over for personal rewards, let alone substantial savings, putting extra money into savings can be a tough task to fulfil. However, it’s important to remember that even the tiniest amount — even if it’s $5 a month — will all eventually add up, and be better than nothing. Here are 4 tips to get you started on a better savings path. Get Out of Any Debt First There is no point planning to put money into your savings if you have a backlog of debt, no matter how small. Although any form of savings is a positive, it’s much better to use any extra money to clear debt in order to get straight with your finances and avoid paying extra due to interest charges. As soon as debt is cleared, the monthly amount you usually pay in minimum debt payments can then be a bonus for your savings pot. If any de 4 Tips for Increasing Your Personal Savings
Comments
Post a Comment