Is failure actually the best teacher in business?

[Stardom22]

In deed. It's therefore advised that entrepreneurs must not give up when they fail in the business. After the fall learn your mistakes try to rectify and move on with another business venture until you get the one that works best for you.

 

[hastral45]

Failure is not only the best teacher in business but also in life. If you have never experience failure in your businezz, there is no way you could learn what could probably affect the businezz so also you won't be able to know how to step up again. There are lessons to be learnt from failure as downfall of a man is not the end of his life.

 

[Passiveearner]

Failure could be a teacher, but not in the sense many people assume. Failure is important because it helps you identify your mistakes. However, your experience and mentorship is the main thing that helps you teach many different things.

 

[Hate2Wait]

Success and failure is part and parcel of business, you cannot be successful all the time so we need to learn from the failures and should make plans so that we won't be affected much with failure

 

[Heatman]

That's the essence of failure getting motivated after being experienced to it and assured the self not to do the same mistake that harms our business. We need to be smart.

The lesson that you are going to pick up from your failure is something that will always be there to remind you that you should not do the mistake again so as not to fail again.

 

[Starmix]

The lesson that you are going to pick up from your failure is something that will always be there to remind you that you should not do the mistake again so as not to fail again.

It serves as an awakening call. When it strikes again, we already have a defense on mind. We never allow that failure to happen again or else our business will turn bankrupt.

 

[Abdul01]

In deed. It's therefore advised that entrepreneurs must not give up when they fail in the business. After the fall learn your mistakes try to rectify and move on with another business venture until you get the one that works best for you.

We should try learning from our mistakes, we should always see if as learning and not seeing our self as a failed person just because we didn't get it right at first, not everyone get things right at first trial.

 

[Stardom22]

I think there is a great impact when we fail in something that we do. With that being said, it becomes a little bit difficult to fail once again from the initial mistakes .

 

[IB D]

It actually depends on someone level off understanding and assimilation because there are some people who can easily learn from the experiences of other people while there are some people who would learn better when they must have gone through the experience themselves.

I would prefer to learn from the experience of others than wait and experience it myself. You reduce your journey path if you are able to learn and correct yourself from the mistakes of others.