How do get over a business failure?

[Eyiteepraise]

Accept the failure happened and learn from it. Actively decide to change, prioritize the tasks that lead to change. Try to move outside your comfort zone, align yourself with the right people and keep an eye on your finances
[automerge]1611085273[/automerge]
Accept the failure happened and learn from it. Actively decide to change, prioritize the tasks that lead to change. Try to move outside your comfort zone, align yourself with the right people and keep an eye on your finances

 

[singlej007]

Hmmm, business failure is a hard one to overcome, but he or she definitely overcome it. Your friend right now needs someone to talk to always, not just anyone, someone that can consul him or her and give him hope, secondly he needs to be thinking of other few things or small things that gives him happiness. He should give himself hope and pray.

 

[Godleads1]

Such is business life. But your friend will do himself a lot of good by shaking off the dust of the failure in the previous attempt. Every successful business man have one story or the other to tell about failure before gaining victory.

 

[kayode10]

When a setback or a failure happen in my business, I often count it as a learning experience. Try hard to find a lesson out of the thing that happens. I will find a silent place, usually at the sea where the breeze blows. The reason is that I would not have any form of distraction except for the sound of the nature around me, and this helps to be more focus. After that, I would consult my master minds and table to matter to them for more broad approach.

 

[adazeez1995]

Well, to me, failure is simply an opportunity to start again,this time more intelligently. And if you look at the history of the most successful business individuals, most of them failed over and over again before succeeding excellently. Infact, if you don't fail at one point in your business, then it simply means you are not learning. This is because the future is full of challenges. But there ate more opportunities

 

[Mackoy30]

When you failed in anything, you should find things that will make your energy back. You should not make decisions when you are still emotional because it will just worsen the situation. You also need to have a strong support network to cope up with the failure.

 

[Onachukwu]

A fundamental part of overcoming business failure is rooted in the mindset you have. It begins with a flexible and positive attitude and a willingness to change. Winston Churchill stressed this vital factor, saying, “To improve is to change; to be perfect is to change often.” Failure is a part of life, and that includes business failures. How we deal with failure determines whether or not it ultimately leads to success.

 

[Cybersec]

It is not easy to manage loses in business but the truth remain that moving forward is the next option, he should seat to analyze possible reason for his failure and solutions to avoid such reoccurrence, tell him not to stay alone , he should attendmore business seminars so he can easily recover.

 

[Kelvin7656]

Ways to Overcome Small Business Failure and Thrive in Hard Times

1. Adopt a Forward-Thinking Attitude.
2. Conduct Frequent SWOT Analyses of Your Business System.
3. Manage Cash Flow Efficiently.
4. Believe In Yourself and Prepare for the (Inevitable) Bad Times.
5. Perseverance, Determination, and a Positive Mindset Reign Supreme.

 

[Khezo]

feeling sad over a business failure is not what is expected of you at that moment what is expected of you is that you have to know your next plan of action to make the business successful you have to download Jonah read books and get one-on-one with customers to know what to do

 

[Abbeyola]

T

I have a friend whom recently lost a business that he had suffered to build for about 3 years, and right now it is affecting his health.
I want to know if there's anybody that has experienced something similar and how the person was able to cope and survive.

The best way to get over a business failure of a business organization,is to re strategies on the lapse of the business and give room to corrections and give clients and customers that assurance that they need,that you are bouncing back good and better.

 

[Joseph555]

I have a friend whom recently lost a business that he had suffered to build for about 3 years, and right now it is affecting his health.
I want to know if there's anybody that has experienced something similar and how the person was able to cope and survive.

Early this year I lost so much to online business but where am I see you doing the business there will always be losses in basement but you must not lost faith if you lost the hope that means you will not succeed in this there is always trial and error in business so as you're making up your mind I'm a prophet also put in place mechanism to manage losses

 

[Dubai]

I have a friend whom recently lost a business that he had suffered to build for about 3 years, and right now it is affecting his health.
I want to know if there's anybody that has experienced something similar and how the person was able to cope and survive.

The best way of getting over business failure is not to think about it for too long. Do your analysis and try to know what caused the businesses to fail. Learn from it and move on. It is better to not go into that line of action if you are not experience or can not prevent such occurrence from happening again.

 

[jay]

I always embrace and welcome failure, yes there's always that bad aural that comes out of it but when you look on the bright side you will see that failure is the sign that you are on the right track. So I get myself together and go again.

 

[Johnbami]

Getting over a business failure is not easy but I do believe one thing a business only fails when the owner doesn't have knowledge about it a business only feels when it is not properly managed so start from scratch read books about that business from people who are experienced and then try again

 

[Adventurer]

I have a friend whom recently lost a business that he had suffered to build for about 3 years, and right now it is affecting his health.
I want to know if there's anybody that has experienced something similar and how the person was able to cope and survive.

Business is a risk but when going into it we are all optimistic on the outcome, if a failure occurs no need to beat yourself, let your friend surround himself with positive friends and families that can inspire and motivate him and if possibly support him financially, he also try to read inspiring books on business men who have failed but are the top now.

 

[Luckboy]

A fundamental part of overcoming business failure is rooted in the mindset you have. It begins with a flexible and positive attitude and a willingness to change. Winston Churchill stressed this vital factor, saying, “To improve is to change; to be perfect is to change often.” Failure is a part of life, and that includes business failures.

 

[Akinwale701]

The

I have a friend whom recently lost a business that he had suffered to build for about 3 years, and right now it is affecting his health.
I want to know if there's anybody that has experienced something similar and how the person was able to cope and survive.

The fall of a man is not the end if his life. Your friend should try as much as possible to encourage himself and pick himself up again. There is always a room for second chance and who knows if he can get it right this time around? All the same, I feel sorry for him about that.

 

[Georgeadawara1]

getting over a business failure is not an easy thing all you need is to know what are those problem you are faceing in the business .
make a good plan of you business
ask those that have an experience
do more research on that acpect of the business
You need to have a good manager that has an experience.

 

[Shayo]

That's so hurtful and no one should ever go through such. I've never been in such a situation but I'd advise him to take some time off and he shouldn't dwell much on the loss or faults, it can lead to depression which is bad for his health. He can try other business with a new strategy or partner with someone for funding, I'm sure things would be different this time. There is always a win in every disappointment or failure.