Skip to main content

How Failure Can Breed Success

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

Comments

Popular posts from this blog

Building Your Garden Office From The Ground Up

Working from home can be an amazing thing. You’ll get to avoid those early morning chats by the coffee machine, being pestered by your boss, and you’ll be able to avoid that stressful commute every morning and evening. If you do decide to work from home, you’ll need a place to work which is separate from the rest of your home, and allows you to work without being distracted by anything. This is why many people have opted to build their own office in the garden, and here’s how you can too… Planning permission If you want to build an office with a bigger area than 15m2, you will need to consult your local authority for some planning permission. You will most likely need to follow some simple regulations such as the location and fire safety when you come to build the structure so make sure to check with the relevant people. Choosing the right size Once you’ve gained the accepta Building Your Garden Office From The Ground Up

4 Tips for Increasing Your Personal Savings

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

Renovating Business Premises: A Guide

A business’ premises can be a huge influence on its success. Even if your customers don’t visit you, outdated décor and insufficient facilities can have a negative impact on the motivation and productivity of both you and your workforce. You may have run out of storage space, and your team may have grown, but this doesn’t necessarily mean, however, that you need to relocate to new premises. You may find it more practical to renovate the space you have. If you decide to renovate your current business premises or you are renovating a new space, this article will explore the key factors you need to consider. Preparation and planning A renovation project requires a high level of preparation and planning. This should include working out the materials you will need, and their costs, the timeline and the cost of any labor or contractors required. You should also ensure that you hav Renovating Business Premises: A Guide