Lack of success is proportionately related to lack of effort and preparation.
This chapter will focus on the concept of failure and how to mitigate it. Failure is defined as: “the lack of success.” The main obstacle to success is fear of failure. Failure, success, and fear work hand in hand. However, because, as mentioned in Chapter 4, everyone’s definition of success is different, failure too will have a different meaning for different people and there are different ways to mitigate fear of failure. The second biggest deterrent to entrepreneurship, aside from the start-up funding aspect is avoidance of failure. As with fear and avoidance of risk, discussed in Chapter 5 (Do Not be Afraid to Take Risks), the ...
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