“Failure is simply an opportunity to begin again, this time more intelligently.” — Henry Ford (Founder of the Ford Motor Company)
So far, we have focussed on the typical characteristics of a successful entrepreneur. However, in the world of business, there are no shortcuts to success and there are many potential pitfalls, as these two articles show:
In an entrepreneurial culture, failure is often seen as an opportunity to learn from mistakes and to do better next time.
This article is an example of a positive attitude to business failure:
However, different cultures have different attitudes to failure. This may affect how an individual feels about taking the risk of starting up a new business.
Read this article: How different cultures deal with failure for one description of attitudes to failure in different countries.
WEnote
- What is the attitude to business failure in your own country?
- If your country, or a country that you are familiar with, is mentioned in the article, does the description seem to you to reflect reality?
- How do attitudes to failure affect your approach to entrepreneurship?
Post your comment(s) below and then look on the course feed page to see what others have posted.
You must be logged in to post to WEnotes.
If you prefer you can create a post on your learning journal blog. Be sure to label or tag your post IENT101.
Note: Your comment will be displayed in the course feed.
“Failure is simply an opportunity to begin again, this time more intelligently.” — Henry Ford (Founder of the Ford Motor Company)
So far, we have focussed on the typical characteristics of a successful entrepreneur. However, in the world of business, there are no shortcuts to success and there are many potential pitfalls, as these two articles show:
Attitudes to failure
In an entrepreneurial culture, failure is often seen as an opportunity to learn from mistakes and to do better next time.
This article is an example of a positive attitude to business failure:
However, different cultures have different attitudes to failure. This may affect how an individual feels about taking the risk of starting up a new business.
Read this article: How different cultures deal with failure for one description of attitudes to failure in different countries.
WEnote
Post your comment(s) below and then look on the course feed page to see what others have posted.
You must be logged in to post to WEnotes.
If you prefer you can create a post on your learning journal blog. Be sure to label or tag your post IENT101.
Note: Your comment will be displayed in the course feed.
Content is available under the
Creative Commons Attribution Share Alike License.
Privacy Policy | Authors