• Business Articles

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.

Hard.

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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