Should you try again and again after failing in business?

Passiveearner

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There are many people who believe in never giving up and i think that it is a great thing. However, there comes a time when you start realising that certain business might not be for you. This means that you may quite that business. However, should you try a business again and again even after failing?
 
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Shavkat

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For me, I prefer to stop and find time to conduct a feasibility study about the business in mind. It is better to do this before starting up a business if it is viable or not.
 

eldavis

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I think the key to this is understanding your situation. There are certain times giving up might just be the answer, while there are times where consistency is key. If you are at your limit, i would advice you stop and focus your energy on other things.
 

Springtime

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That depends on how many times you have tried and failed. Constant failure may mean something's wrong with your business idea or you are not running the business properly. I may do some self reflection before trying again.
 

Magnus2022

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If a business failed and you know the cause of that failure, you should try to proffer solutions. Sometimes, our stars may not align with a particular business. Therefore, there is need to look inward.
 

Bisolami

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There are many people who believe in never giving up and i think that it is a great thing. However, there comes a time when you start realising that certain business might not be for you. This means that you may quite that business. However, should you try a business again and again even after failing?
There is no harm in trying and that is why you see a lot of people tried countless times even if they seem not to be able to achieve it
 

Reedex

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You can try out again and again if you continue to fail in a particular business because it is an avenue for you to make more money if you keep trying..
 

flower

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There's no harm in trying because when you fail and you give up then you're not likely going to make it but if you continue to give it a try, you continue to push harder you are definitely going to make money.
 

Shortie

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I believe if you start a business and you end up with it failing and you decide to start another business and that one too fails then it may be wise to take a step back to see what may be going wrong in the businesses that you start up. Some things I will agree that if you fail you should try and try again such as learning but with something like a business that you may need to put money into if it keeps falling then something somewhere isn't right and you need to find out what instead of keep putting money into it to just lose out in the end.
 
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