Most people don’t start a business and hope it fails. But the sad reality of business is things could go wrong. And most times, things go wrong when you least expect them to.
That’s why entrepreneurs have to be overly optimistic and practically realistic at the same time. There’s no point hanging on to a sinking ship when all your efforts to remain above water have failed.
So, what should you do when your business falls apart and you lose it all?
The most admirable trait in the most successful entrepreneurs is not really how they succeed, but how they emerge from devastating and back-breaking business failures.
In this article from Entrepreneur, 11 very successful entrepreneurs and members of The Oracles, who have all started from scratch more than once, explain what they would do next if they lost it all again.
I’m sure you’ll learn a thing or two from their advice that could help you when you hit rough seas.
Read the full article at Entrepreneur.com