What happens after the failure?

[Deysi16682]

hello, what advantages can you get when you fail in a business?

 

[Lyrrex]

hello, what advantages can you get when you fail in a business?

There are no much advantages to failing in a business. However you gain more experience on how to do better in the area you failed.

 

[WhiteHouse]

Re-strategize, look at what went wrong then fix it and launch again and now with even more experience.

 

[MRizwan530]

Many people get frustrated after failing in business۔This includes most people who invest most of their savings in their business.That's why I always say that if we want to invest in any business, we should not invest more than 50% of our savings.So that in case of failure we have enough money to start our own business again

 

[Sariana23]

I believe that after failure, experience and learning remain, which will help you start again, we should not stay without a fight and try as many times as necessary.

 

[Venant]

There are no much advantages to failing in a business. However you gain more experience on how to do better in the area you failed.

There are advantages in failing.
1. It gives you some sense of motivation to get up.
2. It sharpens your horizon on things.
3. It serves as a deterrent
4. Etc

Without failure there won't be success. One needs to fail at some point before succeeding.

 

[GeneBiz]

hello, what advantages can you get when you fail in a business?

Well, the advantage would be that after a failure you have the opportunity to reevaluate your strategy ... Think: what went wrong? What could I have done differently? Where this error? identifying that, a great learning is acquired that becomes a new business strategy

 

[Nurudeen]

Whenever you fail in a business, it's going to give you more experience on how to start a new one. It will help you restrategize and further plan your business