Ask any successful entrepreneur about their path to greatness and you’ll get the same answer: failure is an inevitable part of the journey.
It took Thomas Edison 1,000 failed attempts before he finally invented the light bulb.
Tim Ferris received 25 rejections before his bestselling book, “The 4 Hour Workweek” was finally published and sold millions of copies.
It’s a fact that 20% of businesses fail in their first year – and many fold before their fifth.
The truth is, building a successful company is typically a very long game. Not every idea is a winner; not every decision yields success. But you can learn from experience, gaining wisdom as you nurture resilience – key ingredients, along with hard work and a pinch of luck, that eventually lead to victory.
Here’s how to stay in the game long enough to win, and make the most of failure along the way.