Lessons in Entrepreneurship Part II: How to Cope with Failures and Take Responsibility for Them
Being your own boss is an exhilarating feeling, but it also means extra responsibility! Handling this responsibility and accepting blame for all the failures is one of the most common hurdles that new entrepreneurs stumble against.
Being the captain of your ship means you must take complete responsibility for all your failures and set backs. By taking responsibility for your failures you admit to yourself you are facing the consequences of your past actions. This also brings the realization you have the power to change the future consequences by changing your present actions…
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