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Re-starting The Same Business After You Failed - Right Or Wrong?
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[QUOTE="Kendy, post: 227678, member: 63869"] I have seen similar situations where an individual ventured into the same business which he failed and in the two cases I was an eye witness, they excelled greatly in the business at the second or third attempt. There is one intriguing virtue about persistence although it does not work for everybody but I tend to think that when you persevere in a particular business, it means that you are really passionate about the business which is the reason some business owners despite failing at the first attempt, they will not minding trying the second or third attempt until he or she gets it right. This is a first step to a successful business in my own perspective because when once you are driven by the passion to set up a business then, there is a likelihood that a business would be sustainable for a longer time. Well, there are also some cases where people ventured into the same businesses where they failed, perhaps they did not go back to their drawing board to carry out an in-depth research or consult professional advice and they still failed in the second and third attempt and probably had to give up trying harder. For me, I am not moved by what people say. If I have passion for a business I would go for it and whenever I want to start another business, it would still be a poultry farm but this time, I would make sure to get it correct. [/QUOTE]
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