{"id":2189,"date":"2020-02-11T02:27:50","date_gmt":"2020-02-11T02:27:50","guid":{"rendered":"https:\/\/course.oeru.org\/bman111\/?page_id=2189"},"modified":"2020-02-11T02:27:50","modified_gmt":"2020-02-11T02:27:50","slug":"learning-from-failure","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/bman111\/learning-pathways\/what-makes-a-successful-entrepreneur\/learning-from-failure\/","title":{"rendered":"Learning from failure"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\">\n<div class=\"floatright\"><a href=\"https:\/\/wikieducator.org\/File:Crossroads-success-failure.jpg\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"Crossroads-success-failure.jpg\" src=\"\/\/wikieducator.org\/images\/thumb\/f\/fc\/Crossroads-success-failure.jpg\/300px-Crossroads-success-failure.jpg\" width=\"300\" height=\"200\" class=\"img-responsive\"><\/a><\/div>\n<p><i>\u201cFailure is simply an opportunity to begin again, this time more intelligently.\u201d<\/i> \u2014 Henry Ford (Founder of the Ford Motor Company)<\/p>\n<p>\nSo 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:\n<\/p>\n<ul>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.forbes.com\/sites\/steveandriole\/2016\/04\/01\/10-reasons-why-entrepreneurs-fail\/#723cfa0042d9\">10 Reasons Why Entrepreneurs Fail<\/a>\n<\/li>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.entrepreneur.com\/article\/288769\">Why some Startups Succeed (and Most Fail)<\/a><br style=\"clear:both;\">\n<\/li>\n<\/ul>\n<p>\n<\/p>\n<div id=\"reading\" class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/bman111\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Attitudes to failure<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>In an entrepreneurial culture, failure is often seen as an opportunity to learn from mistakes and to do better next time.\n<\/p>\n<p>This article is an example of a positive attitude to business failure:\n<\/p>\n<ul>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/smallbiztrends.com\/2016\/01\/entrepreneurs-who-failed.html\">21 Entrepreneurs who failed big before becoming a success<\/a>\n<\/li>\n<\/ul>\n<p>\nHowever, different cultures have different attitudes to failure. This may affect how an individual feels about taking the risk of starting up a new business.\n<\/p>\n<p>Read this article: <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/countrynavigator.com\/blog\/interesting-things\/failure-across-cultures\/\">How different cultures deal with failure<\/a> for one description of attitudes to failure in different countries.\n<\/p>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p>\n<b>WEnote<\/b>\n<\/p>\n<ul>\n<li> What is the attitude to business failure in your own country?\n<\/li>\n<li> 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?\n<\/li>\n<li> How do attitudes to failure affect your approach to entrepreneurship?\n<\/li>\n<\/ul>\n<p>Post your comment(s) below and then look on the <a href=\"https:\/\/wikieducator.org\/Introduction_to_entrepreneurship\/IENT101\/Feed\" title=\"Introduction to entrepreneurship\/IENT101\/Feed\">course feed page<\/a> to see what others have posted.<\/p>\n<p><div><p>You must be logged in to post to WEnotes.<\/p><\/div><br \/>\nIf you prefer you can create a post on your learning journal blog. Be sure to label or tag your post IENT101.<br \/><i>Note: Your comment will be displayed in the <a href=\"https:\/\/wikieducator.org\/Introduction_to_entrepreneurship\/IENT101\/Feed\" title=\"Introduction to entrepreneurship\/IENT101\/Feed\">course feed<\/a>.<\/i><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.028 seconds\nReal time usage: 0.034 seconds\nPreprocessor visited node count: 125\/1000000\nPreprocessor generated node count: 842\/1000000\nPost\u2010expand include size: 3449\/2097152 bytes\nTemplate argument size: 1502\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:186627-0!*!0!*!*!2!* and timestamp 20200211022747 and revision id 1073260\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/bman111\/learning-pathways\/what-makes-a-successful-entrepreneur\/inspiring-entrepreneurs\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/bman111\/learning-pathways\/what-makes-a-successful-entrepreneur\/start-entrepreneur-learning-challenge\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<\/div>\n<footer>\n<br \/>\n<\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u201cFailure is simply an opportunity to begin again, this time more intelligently.\u201d \u2014 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":2179,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2189","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/pages\/2189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/comments?post=2189"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/pages\/2189\/revisions"}],"predecessor-version":[{"id":2190,"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/pages\/2189\/revisions\/2190"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/pages\/2179"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/bman111\/wp-json\/wp\/v2\/media?parent=2189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}