“I have a business for more than 5 years, but now it failed.”

“I am a married man for 15 years, but we’re separated now.”

“I am a father of 2 kids for 13 years, but they hate me now.”

FAILURE… A short word, but has a wide impact to people who failed. Most of the entrepreneur who failed in business got a domino effect in life. Their relationship with their family are the ones greatly affected. So, for them they believe that failure is bad.

What is the reason for failure?

Stripping away all the explanations, excuses and justification the only probable reason for business failure is poor leadership. In reality, good leaders often refuse to take the credit when they succeed, yet they embrace the full responsibility when they fail.

Sounds painful isn’t it?

What makes them fail?

Attitude  

It doesn’t matter who you are, if you have a bad attitude and don’t do the right things for the right reasons definitely you will fail. If you exhibit a bad attitude with your co-workers or even in your personal life, it would also affect them as much as it’s affecting you. Showing an unpleasant character won’t create loyalty, won’t engender confidence and won’t develop trust.

How to recover from failure?

Accepting the fact that you failed is the first step. Seek out the best advice that is available. All entrepreneurs should have a professional adviser that could give them recommendations and strengthen their knowledge in making decisions. If you really want to recover from failure, then do not let your work be affected with personal problems or vice versa. You must always be humble, however, be just or fair to your co-workers, the people around you and especially to yourself. There is no room for negativism in your workplace and your personal life.  

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