May 21, 2012

Management & Leadership: How To Bounce Back From Failure

Anyone who claims to have built something of lasting value--be it a business, personal relationship or a body of critical knowledge--without suffering serious pain and disappointment is either a liar or dangerously naïve. At some point on your journey, you will stumble and fall.


Entrepreneurs especially know about failure. The U.S. Bureau of Labor Statistics estimates that about two-thirds of all start-ups live to see their second birthdays, and just 45% make it to their fourth. What separates the best from the rest--cue the Rocky theme song--is the strength to get back up, again and again.

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