Difference between revisions of "Introduction to entrepreneurship/IENT101/Entrepreneur/Failures"
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In the real world of business, there are no shortcuts to success. Most entrepreneurs have experienced failure but the entrepreneurial disposition to learn from both failure (and success) is an integral part of the entrepreneurial process. In business, it is also important to have the foresight quit on a bad business idea but to sustain the entrepreneurial process and to know the difference. {{clear}} | In the real world of business, there are no shortcuts to success. Most entrepreneurs have experienced failure but the entrepreneurial disposition to learn from both failure (and success) is an integral part of the entrepreneurial process. In business, it is also important to have the foresight quit on a bad business idea but to sustain the entrepreneurial process and to know the difference. {{clear}} | ||
| − | + | {{IDevice|theme=line|type=media|title=Richard Branson: Advice for Entrepreneurs|id=video|body= | |
| + | Here Richard Branson talks about the early days of Virgin Atlantic. | ||
| + | {{YouTube | ||
| + | | id=VH35Iz9veM0 | title=Richard Branson: Advice for Entrepreneurs (4:03) | ||
| + | | align=left | t= | thumbnail= | target= | ||
| + | | width=560 | height=315 | ||
| + | | list= | ||
| + | }} | ||
| + | }} | ||
| − | + | {{IDevice|theme=line|type=reading|title=Required reading|id=reading|body= | |
| + | Failing is only a bad thing if you don't learn from it. | ||
| + | |||
| + | Read these three articles about entrepreneurs who failed before they experienced success. | ||
* [http://www.mytopbusinessideas.com/business-failures-successful-entrepreneurs/ Famous business failures of successful Entrepreneurs] | * [http://www.mytopbusinessideas.com/business-failures-successful-entrepreneurs/ Famous business failures of successful Entrepreneurs] | ||
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* [https://yourstory.com/2016/03/entrepreneur-startup-fail-quit/ Failing vs quitting: an entrepreneur lays out the difference] | * [https://yourstory.com/2016/03/entrepreneur-startup-fail-quit/ Failing vs quitting: an entrepreneur lays out the difference] | ||
| − | + | '''WEnote''' | |
| + | |||
| + | Are you surprised to learn that famous entrepreneurs have failed? Or did you know this is all part of the journey? | ||
| + | |||
| + | Let us know your reaction to what you have seen and read on this page. For example: | ||
| + | * ''I was most surprised to read about NAME failing because ...'' | ||
| + | * ''I think it takes ... to pick yourself up after a failure like ...'' | ||
| + | |||
| + | {{:Introduction_to_entrepreneurship/Links/IENT101/WEnote-p}} | ||
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| + | }} | ||
Revision as of 14:20, 12 March 2017
| “ | Success is not final, failure is not fatal: it is the courage to continue that counts. | ” |
| —Winston Churchill | ||
In the real world of business, there are no shortcuts to success. Most entrepreneurs have experienced failure but the entrepreneurial disposition to learn from both failure (and success) is an integral part of the entrepreneurial process. In business, it is also important to have the foresight quit on a bad business idea but to sustain the entrepreneurial process and to know the difference.
