Failed Entrepreneur contribution can be more valuable than the successful one's

We as normal human beings are always enamored by the success stories of entrepreneurs who have made big in the business world

Well YES there stories can be very inspiring or motivating enough for any wanna be entrepreneurs to emulate

Thanks to all the online as well as offline media making them hero's of there achievements

Has anyone thought, that there is a very large chunk of failed entrepreneurs , who despite of giving all there professional might have not make it big. Do we even think about

Why they failed

What mistakes they made

How costly it would have been for them to make those mistakes

What mental & physical trauma they would have faced for their failures

Unfortunately none of the media or forums talk about them , they are not today's hero's as no want to be associated with a failed entrepreneur

Imagine a scenario where all the wanna be entrepreneurs learn from these so called unsuccessful entrepreneurs as to what mistakes they did , some key important lessons on what not to do in entrepreneurship etc...

It would have been so much better for the whole startup ecosystem to reduce failure rate in entrepreneurship

It is very easy to follow successful people but very difficult to follow unsuccessful one's , after all learning from other's mistake & follow it in your own business life is not easy

Real Hero's are entrepreneurs who teaches WHAT NOT TO DO rather than WHAT TO DO

Comments

Why is digital marketing important for Medium and Small Enterprises ?

One of the key differentiators of the success of a business is the number of customers that it can reach as more customers mean more sales volume. One of the technological innovations that helps a business in this direction is digital marketing . It is indeed a boon for MSMEs as it lets you reach your target audience with ease, simplicity and at very low cost. Cost is always a concern for most MSMEs. Why would anyone not want to use the power of the internet with over 3 billion users to further the cause of their own business? But it is a fact that deploying digital marketing for their own benefit seems a herculean task for many MSMEs as they feel that they are not adept nor attuned for the digital world, they also tend to think that they will not reach their target market or they simply do not have adequate information, lack sufficient human resource and tools to manage the digital world. Here is where organisations like Outsourced CMO can help these MSMEs bridge ...

The Role of Interim CXO’s in Crisis Management

Crisis management protects the stability and image of a company during unanticipated circumstances. A crisis strategy helps companies to react fast, lower downtime, and keep operations running as they should. With their knowledge and leadership, Fractional CXOs or Interim CXOs are quite helpful in handling crises like an expert. Their capacity to create effective solutions allows companies to be competitive even in trying circumstances, safeguard employees, and maintain operations. The impact of Interim CXOs: Working with Flexi CXOs allows companies to access seasoned experts who can provide strategic insight and enable them to weather unpredictability while safeguarding development and stability. 1. Expertise and Experience Interim leaders offer a great reservoir of information from many sectors. They manage difficult circumstances, such operational alignment or financial reorganization. Their capacity to apply several approaches guarantees t...

The Future of Work: How Fractional Executives Are Shaping Leadership Culture

The way we work is undergoing a seismic transformation. Remote work, evolving market demands, and the rise of the gig economy are reshaping traditional notions of employment. As businesses adapt, leadership models are also evolving to meet these new challenges. Fractional executives have emerged as a vital force in this transformation, driving a leadership culture that changes with time. The Changing Landscape of Work Workplace dynamics have shifted dramatically in recent years. Remote work has become a standard practice, enabling companies to tap into global talent pools. The gig economy has normalized project-based work, emphasizing outcomes over hours clocked. Businesses are now prioritizing specialized skills and adaptable leadership for better culture and outcomes. These changes have redefined leadership. Traditional, full-time C-suite roles are giving way to flexible models that align with the modern workforce’s demands. This shift is not just about cost-saving,...

Search This Blog