This is a guest post by Kate.
Failure is a part of life, and an essential one at that. It is through failure that we become better in living our lives. Failures are supposed to make us stronger. We shouldn’t let our mistakes define us. And we shouldn’t fear it. So it is also when it comes to business. In this sense though, failures can be very costly, not just financially but also personally as egos and dreams can be destroyed.
When you decide to be your own boss, you should understand that there is no room for fear of failure. It is certain that you would fail. There is just no way around it. There is no shortcut to success. You will make mistakes and you would have to deal with them. With careful planning, you can always minimize the risks.
Learn from small mistakes first so that you’ll be less likely to mess up big time. If you are losing hope, however, think about the most successful people because they are the ones who also went through so many failures. You don’t achieve success with a single attempt, just read the following infographic and see.
About the Author
This infographic was created by Kate Deliso, an aspiring MBA student who believes this degree will help her to succeed. She can’t afford paying an expensive tuition. Therefore she started a blog with reviews of cheap and best MBA programs. Anne’s dream is working for an innovative start-up.