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Re-starting The Same Business After You Failed - Right Or Wrong?
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[QUOTE="Sotherefore, post: 227570, member: 27033"] A lot of people may consider this to be a bad idea but I do not think so because if you failed in your business because of misunderstanding or because of lack of appropriate information on how to manage the business successfully and now you have come to understand what is needed to manage such business again , I don't see the reason why you shouldn't start up the business if you are hundred percent sure that you will succeed in the second attempt . It is the right thing to do and I don't just see it as anything wrong because if you have been able to research and understand the reason why your previous business was down and you are now interested to start up the business again the rate of success will be higher and you can be able to manage the business better for profits and continuous progress . I even believe this to even be more better than establishing another business you do not have an understanding about because in most cases the new business you will be establishing might also be at risk of failure when you don't really know how to manage it perfectly . [/QUOTE]
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Re-starting The Same Business After You Failed - Right Or Wrong?
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