As a business owner: Is it wise to quit your company after making mistakes?

[maventiger]

If you must be successful in business, you must be persistent enough.

Most entrepreneurs that quit easily blame it on so many things like luck, bad timing, Greener Pastures and unrealistic goals.

Some entrepreneurs want a smooth ride to success not even thinking about a backup plan if they fail.



Do you see yourself quitting your business anytime soon?

 

[Nuonuh]

If you must be successful in business, you must be persistent enough.

Most entrepreneurs that quit easily blame it on so many things like luck, bad timing, Greener Pastures and unrealistic goals.

Some entrepreneurs want a smooth ride to success not even thinking about a backup plan if they fail.



Do you see yourself quitting your business anytime soon?

Mistakes make business grow cause you learn from it not run from it... I would rather stay than quit

 

[Kinglegend01]

No it is a really stupid decision to make if a business owner quits a business that he or she established that Is not performing upto his or her expectations. I think the best thing for him or she to do is to check and highlight the problems affecting the business and try to fix them.

 

[solomonmali]

But once you get started, the rewards of building your own business, while being fully employed, are substantial. Here are five reasons to simultaneously pursue both and ways they can enhance one another.

 

[Noor khan]

If you must be successful in business, you must be persistent enough.

Most entrepreneurs that quit easily blame it on so many things like luck, bad timing, Greener Pastures and unrealistic goals.

Some entrepreneurs want a smooth ride to success not even thinking about a backup plan if they fail.



Do you see yourself quitting your business anytime soon?

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In my opinion as an entrepreneur, you have to always research and produce something new which can solve the problems of the people, at the same time there is nothing wrong in produce a similar thing already available in the market, all you need is to upgrade or change the taste to suit the people. This is why there is competition in the society. I would prefer to research on something new and unique which would solve more problems and bring higher profits.

 

[Taimoor Jutt]

Not at all, if we get loss or do any mistake or find any failure, then we should not give up at all, but we should learn from our mistakes and failure so that we go with positive approach. In business Consistency, persistency and patience is the key.

 

[Trexxxy]

Indeed I know entrepreneur who quit on their business early on because of societal pressure, and because the business seems very demanding. I think it very important that as a business owner you have the necessary resilience and consistency.

 

[Atiqurrehman]

It has stopped your dreams. Remember back when you were so thrilled with your company? ...
Your body doesn't lie ever. ...
Fahgettaboutit. All right. ...
The money is just not there. ...
Your customers do not like you. ...
Complaints have grown. ...
Syndrome of Sloth.

 

[Bilal0087]

If you must be successful in business, you must be persistent enough.

Most entrepreneurs that quit easily blame it on so many things like luck, bad timing, Greener Pastures and unrealistic goals.

Some entrepreneurs want a smooth ride to success not even thinking about a backup plan if they fail.



Do you see yourself quitting your business anytime soon?

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It is not a wise step to quiet your business or a company just because of your mistakes and failures, you have to learn from your mistakes and failures, because they are the initiation for your bright future. So always be courageous and determined for the success.

 

[kayode10]

If you must be successful in business, you must be persistent enough.

Most entrepreneurs that quit easily blame it on so many things like luck, bad timing, Greener Pastures and unrealistic goals.

Some entrepreneurs want a smooth ride to success not even thinking about a backup plan if they fail.



Do you see yourself quitting your business anytime soon?

It does not make sense to put your business just because you made a mistakes. We are all human being and we are likely to make mistakes in everything we do. In fact mistakes makes us human. The mistake the business owner makes gives the chance to learn new things about their businesses and to avoid repeating the same mistake in the nearest future.

 

[Ibrahim1]

As for me as a business owner it's not wise to quit your company after making mistakes because mistakes are born to happen and mistakes are not the end of businesses nor end of life, in this life nobody is above to make any mistakes

 

[Kunkun]

It's not wise to end a business after series of failures because it's from failure we learn. Running a business surely they would be up and downs so it's expected and not to quit Over

 

[Richard92]

no it is not wise as a business man to quit your business after making a mistake that is very wrong when you make a mistake you have to reinforce learn from your mistake and make your business better than it is before. Don't allow failure of music to bring to send back to you instead take it as a positive vibe and move forward.

 

[btaliat]

Business grows when the mistakes done are corrected and worked upon. It will be unwise decision if a business owner quit at the midst of mistakes. It means the person has not fully prepared to be a successful business owner. A real business owner doesn't quit at any time.

 

[Esther]

No it is not good but sometimes it's good to take a break and think about what happened and what you did that was wrong that made the business fail. Taking a break to breath isn't bad but quitting and giving up on your self is bad, so don't .

 

[Milz]

I term that sort of behaviour as a loser's mentality. If a plan or a strategy fails that doesn't mean you quit the position or role as the CEO of the business. You have to stay work hand-in-hand with people that are more experience to correct every mistake that must have been made

 

[Ralphjoe]

It is good sometimes for an entrepreneur to quit a business when he has seen that the business has gone down beyond repairs. There are various stages where a business will get to and you will know that that business cannot be revived again and any capital you are pumping into the business will just be going to waste but most issues or problems that businesses are going through is solveable and so therefore entrepreneurs shouldn't easily quite their businesses.

 

[Mostee501]

It's a two way street. If one quits for every mistake made then we achieve nothing. We all learn via trial and error. Most successful people have definitely had their own fair share of failures but,through hardwork and persistence they overturned their different predicaments. Yes i admit there are irredeemable mistakes that crush and destroys businesses and demand one quits and go back to the drawing board.

 

[Michaellee]

If you must be successful in business, you must be persistent enough.

Most entrepreneurs that quit easily blame it on so many things like luck, bad timing, Greener Pastures and unrealistic goals.

Some entrepreneurs want a smooth ride to success not even thinking about a backup plan if they fail.



Do you see yourself quitting your business anytime soon?

In business mistakes are bond to happen, in fact almost all the time but no mistake is enough to make you quite your business. What you just need to do is find out what the mistake is and rectify it. Nobody is perfect at making decisions we are all trying our best. Decision making is one of the most difficult thing to do. No mistake is too big for u to quite you business

 

[Ezydan]

There is no smooth ride to success, so every business owner have to know that mistake are bound to happen, and when it happens just accept it and try again..making mistake in business doesn't mean that your business has fail, it only means you have found that their is a in that business that won't work..