Did you suffer from a bad experience? Most of us have in one way or another and we may be dealing with effects from those circumstances. Maybe it’s negative thoughts from an old relationship which haunts past memories. Not dealing with these issues can cause problems, as we tackle projects. Especially, as Entrepreneurs.
A Failed business hurts but it’s important to move ahead. Believe you are special, performing unique tasks most individuals don’t bother to take on. Examine why the venture failed. Was it because of funding?, no experience Embezzlement? poor quality products?, Supply chain? or lack of demand?
Give it a second try, with a new perspective. Bring-in assistance of others with more experience, funding or network connections. In my circumstance, I did it all alone but not everyone is up to that task. Notice what went wrong and accommodate yourself with help from those “in the know”. None of these concepts are easy, therefore we should not think that the solutions are going to be.
Reinvent, offer something more unique. Target consumers in a different way. When new ideas fail, go out from your surroundings, get inspired while in other environments. Leaving our comfort zone may prove fruitful.
What can you offer? Is it possible for your company to produce an item you weren’t able to provide before? Examine all possibilities to uncover new options. Take advantage of thoughts and experience provided by people with “Key incite”. Learn from the past but don’t let it hold you back from creating a better future.
“The life we build is manifested by our dreams fulfilled”
Take a look from another angle! Consider if there are others skills required to bring the venture higher? As a small business owner, I think about what service is being provided and whether more is desired from the public. Weighing costs and benefits of adding that product or service to my daily offerings. Often, reaching higher causes us all to stand taller!
