View Single Post

  #1 (permalink)  
Old 12-04-2007, 09:22 PM
work2bfree's Avatar
work2bfree work2bfree is offline
Senior Member
 
Join Date: Aug 2007
Location: Montgomery, AL
Posts: 111
work2bfree is on a distinguished road
Default Failing and Making mistakes are not always bad

I think managing a business is probably one of the hardest things a new person just starting their own business will encounter.

In Robert Kiyosaki's book, "Before You Quit Your Job", he discusses many of the characteristics a business needs to possess in order to be successful. They include: a Product, someone who knows about the laws of business, a system for managing your business, communications, and lastly cash flow.

Of course, most new business owners would not know where to begin and so at first he or she will make a lot of mistakes and fail a lot. If he or she is persistent enough and willing to go through the difficult times and learn from them, their management skills will greatly improve and in time he or she will be a much better business owner.

Once you have gotten the hang of managing a business does not mean that no more mistakes or failure will occur. For most business owners, there is no such thing as graduation from the school of business because making mistakes, failing and learning will continue until you say it is time to quit having a business.

The difference between an experienced and inexperienced business owner is that the experienced one recovers from mistakes and failures much more quicker. This is because experience has taught him or her what steps are necessary in order to rectify a problem or bad situation.

If you are new to owning a business, give yourself time to learn how to manage a business. Failures and mistakes are to be expected. Don't let them prevent you from achieving your dreams of success and freedom. You only truly fail if you quit.
__________________
Yours in Success,
Lawren
OrGano Gold Pays 7 Ways!
Reply With Quote