Dynamic Business Logo
Home Button
Bookmark Button

Critical lessons from 5 common start-up mistakes

How to find inspiration in your failure, learn from your mistakes and come out better on the other side.

One of my favorite quotes comes from legendary auto entrepreneur Henry Ford. As a business owner, I appreciate it because it captures what our mistakes and failures really are: Opportunities.

“Failure is only the opportunity to begin again, only this time more wisely.”

While entrepreneurs spend a lot of effort trying to avoid failure, sometimes the lessons one learns from those missteps can be invaluable. I’m not saying business owners should actively pursue failures. But when they happen, you can come away wiser, stronger and ultimately more profitable.

Here are five common startup mistakes and the lessons you can hopefully learn from making them:

…to read this article in full, visit leading US entrepreneurial resource entrepreneur.com

What do you think?

    Be the first to comment

Add a new comment

Entrepreneur.com

Entrepreneur.com

Entrepreneur Magazine has been inspiring, informing and celebrating entrepreneurs since 1973. Entrepreneur.com offers real solutions to the challenges faced by entrepreneurs, including tips, tools and insider news to help build – and grow – businesses.

View all posts