Chapter 11

Trying to do too much too soon

Entrepreneurs admit that there are three main causes that startups fail. This factor is not one of them. Psyche Inaction hiring issues Trying to do too much too soon

Do not discuss their fear of failure

Most research on entrepreneurs says that they:

Ran out of cash

One of the top reasons start ups fail is due to.

Tend to be anxious lack of self-esteem demonstrate reluctance to try new things

People with a strong fear of failure:

True

The reality is that many start ups fail.

False

Grit is a quality that causes people to give up on their goals and objectives.

More motivated More prepared More confident

Having learned from failure, entrepreneurs often feel___ to start up a new venture.

Courage

This is an attribute that is incorporated in the character trait known as grit that many entrepreneurs exhibit.

Know who you are

This piece of advice regarding business failures would be useful for an entrepreneur.

Intelligent failure

This type of failure can provide valuable new knowledge that can help a start up innovate and stride ahead of its competition.