Coping with Failure

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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Teething Troubles

Lessons in Entrepreneurship Part 1: Overcoming Teething Troubles
To become a successful entrepreneur requires courage, vision, leadership qualities, business acumen and confidence. Most of us are not born with all these qualities, but that doesn’t mean we can’t develop them. If you have a strong desire to start something of your own and be your own boss, success will come to you provided you stay focused on your goals.

How to Stay Focused on Your Goals
Most businesses face some amount of “teething trouble,” which is the most challenging part of entrepreneurship: retaining your faith, focus and confidence while trying to keep your little boat afloat. People who manage to get past the first phase of entrepreneurship without severely denting their confidence usually find the going easier as their business starts growing…

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