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Learning From Failures or Loses
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[QUOTE="Richee84, post: 245803, member: 42448"] Failure or lose in a business should not be seen as the end of the road for that business. In reality we are bond to face one challenges or the other in everyday of our life and even in our business activities, but as an entrepreneur we must always have at the back of our mind that challenges will come our way in the cuaes of doing our business and the entrepreneur must have prepare enough to me any challenges that may come his way. The best place to learn from is to learn from our past mistake, failure or losses. Once we experience failure either in life or in business, we should first of all find out the cause of the failure or loss and the factors responsible for the failure or loss. The next thing to do is to see how to solve or put an end to the failure OE lose, as we try to overcome this challenges, we learn from it and make sure such kind of failure or lose never repeat itself again in the cause of doing our business. Those who learn from their mistake, failure or losses tend to be master in their field cause they have perfect and better knowledge than before. [/QUOTE]
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