Mistakes i made that led to business failure.

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I have had a couple of businesses and i have to admit that i have failed more than i have succeeded. As Richard Branson said " Do not be embarrassed by your failures, learn from them and start again". Here is what i learned from all my mistakes
My 10 biggest business mistakes and what i learned from them.
#business #failure #led #made #mistakes
  • Profile picture of the author DonaldGutierrez
    Kudos to you for manning up and confessing your failures, that's exactly what makes people great!
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    • Profile picture of the author Brayo101
      Originally Posted by DonaldGutierrez View Post

      Kudos to you for manning up and confessing your failures, that's exactly what makes people great!
      Thank you very much. A failure is not a failure if you learn from it
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  • Profile picture of the author ZachAlfaro
    I really like your point on there about starting a business for the wrong reasons. A business is a long-term venture, sure you're going to be very excited and motivated when you first start it but what about a year down the line, or 5 years down? You need to have a passion for it otherwise it's simply too easy to give up.
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    • Profile picture of the author Brayo101
      Originally Posted by ZachAlfaro View Post

      I really like your point on there about starting a business for the wrong reasons. A business is a long-term venture, sure you're going to be very excited and motivated when you first start it but what about a year down the line, or 5 years down? You need to have a passion for it otherwise it's simply too easy to give up.
      I have personally started 3 business for the wrong reasons and after a few months, they all failed miserably.
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