Updated: Oct 21, 2020
Not many entrepreneurs are successful right away.
Many of them, like me, go through a few ideas or more that end up being absolute failures before finding an idea that works.
Milton Hershey, the founder of Hershey Chocolate, went bankrupt two separate times before he finally had a profitable idea. He invented caramel candies which were extremely popular.
His new idea allowed him to pay back the debt from his previous business ventures. He was able to turn
Hershey into the multi-billion dollar company it is today.
What if he had given up?
The road to success is often long and winding. You need the determination to get to the finish line.
You also need to treat every experience as a learning experience. Your mistakes are the greatest source of learning you could possibly have.
Be grateful for your successes, but never forget your failures.
Successful businesses are built on the ruins of failed ones.
Dedicate yourself to your ideas and set specific, actionable goals. Review your goals often and pivot as needed.
You may not succeed at first, but you’ll always be learning.
What’s the most important lesson you’ve learned from a mistake? How did it help you change your business?