Failure isn’t the end of your business story: it’s the plot twist that makes it interesting

WHY YOUR BUSINESS FAILURES DESERVE A THANK YOU NOTE

When you fail or face significant setbacks in your entrepreneurial journey, here's what you're actually gaining:

• Each failure refines your business instincts - you develop a sixth sense for opportunities and risks

• Setbacks often reveal which clients or markets are truly aligned with your strengths

• Failure forces innovation that comfort never would

• Recovering from mistakes builds credibility with clients who see your resilience firsthand

• The network you build during tough times often becomes your strongest support system

Yes, strategic planning reduces unnecessary risks (and as a consultant, I'm obviously a fan!). But the real competitive advantage comes from your response when things inevitably go sideways.

The roots of a thriving business grow strongest through resistance, not just favorable conditions.

What's the most valuable lesson you've learned from a business failure?

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Small business success: less solo act, more collaboration