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For those that never failed I'm life before should be more careful about it, because I don't think there is anyone living in this world haven't failed in one or two things before in life tho.It is okay to take a risk and to fail in doing so. It’s even necessary to fail in some situations.
If you drill deeply enough into their stories, the most successful and powerful leaders in nearly every domain owe their successes to having faced meaningful adversity, challenge, and failure along the way.
Though I don’t like failure any more than the next person, what I know is that you will learn in the middle of it, and, if you will allow it, you will be changed.
Oh In fact, failure will be one of the best teachers of life lessons you will have. The poignant moments I experienced during two very difficult, failure-filled years of starting my own consulting firm (Lifevision, Inc. in 1998 and 1999) are still with me today. Some of the lessons I learned include:
- Why it is crucial to focus on what a client really needs as opposed to what I want to deliver to them.
- How not to underestimate the competitive nature of the marketplace.
I can understand where you coming from because I've heard more that my fair share of disappointments and failures too but the important thing is no to let that keep us down and discourage when trying to start anotherIf you have no more capital for another start up a failure is devastating not only to the finances but to the ego. To be frank, I do not want to start another business because I had failed twice and I am hesitant now maybe because of those failures.If I would start up and fail again then that might affect my mental health.
It is still ok for you to take the risk and fail but what is not okay is for you to take a risk that is not calculated and you end up losing all your investment which will definitely affect your psche and will make you not to be able to want to try again for the business or investment.It's not new if you take a risk and it fails. But your never say die attitude is what should characterize your life. So, when you take a risk and you fall down, you got to pick your self up.
Yes I agree with you that it is possible to take a risk and feel but I would never advise anyone to take anyhow risk without calculating it to see if the risk is worth taking. Calculated risk is what most smart people who succeed in life take and not just by taking any our risk that will definitely make them become poor in life.It is possible to take a risk and fail.in fact it is one of the best experience you can get in life,there are alot of people who have taken on a risk at a certain point in life and have failed and it has helped them to be a better person including businesses. When we fail we take precautions and also take the reason for failing into consideration, the question "Why did it happened like this" ?keep coming so we Sit and have a rethink to see the possibly reason.
It is okay for a business to take a risk but what is not working is when the business take a risk that is not calculated or the business take a read just for the sake of taking a risk because when a business fails in such kind of adventure then the business would have itself to blame for losing that kind of amount of money.It is okay to take risk in life and still life because they say life itself is a risk, so if we are afraid to take risk in life then we can't make it, the richest person in the world took risk in his life and business and he made it, so its ok to take risk .
Inasmuch as there is nothing wrong with taking a risk in a business, you also need to understand that it is very useless for you to take risk that doesn't make sense,you need to take calculated risks in what you are doing.It is not bad to take a risk and fail in business, not taking risk at all is the worst thing. When we take a risk and failed, we learn things that will make us to avoid future occurrence.
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