by Stefan Töpfer on May 18, 2007
We are human, we all learn from our mistakes. Yet in business having a failure is still a stigma for most people, more problematic is the financial impact a business failure has and it creates a number of barriers to starting a new business.
This is a counter-productive situation, just when you “learned a lesson”, it is made difficult or even impossible for you to get it right the next time.This presumably because you have shown publicly that you have made a mistake, so you could make another or even the same mistake again. Most people deny making mistakes exactly for this reason, but the reality is we ALL make mistakes, I certainly do.
Small Business Infrastructure – Grow your success, contain your failure.
So how can you survive this initial “trying to get it right phase”, even if it goes wrong? You could use our Small Business Infrastructure – SBI to test drive your business and later grow it more safely into your success story.
SBI allows you to stay compliant, grow you business in an business friendly and supportive environment, outsource non-core business processes, save on overheads and capital investments and enables you to run your business on a shoestring. This allows you to try a business idea, work at it without having to quite your job or break the bank.
Being able to fail without serious consequences means you can try again, increasing your chance to create a business that can last and succeed.
So – whatever you are planning – working from home, turning a hobby into a business, you are a mum and want to work for a few hours a week or you are still working but have this idea, that might work, then give it a go.
Do it on a shoestring, no long term commitments, leases, employees – just you, your idea and WinWeb’s Small Business Infrastructure.
Tags: Accountants, Business Development, Business Failure, Business Start Up, Business Tool, Cash-Flow, CPAs, Entrepreneur, FREE Business Tool, Home Business, Homesourcing, Institute of Business Advisors, IT, Micro Business, Business Success, SaaS, SBI, Selfemployed, Small Business Infrastructure, smb, sme, sme-blog, SOHO, Teleworking, VAs, Very Small Business, Virtual Assitants, VirtualOffice, VSB, Web 2.0, WinWeb
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Said on June 29th, 2007 at 7:48 pm
Agree completely. The stigma is why many go quiet. After all we’re bound to put ourselves through the same hell again aren’t we?
We’re going to do exactly the same things that casued failure last time.
Or are we? Surely failure is a positive experience if allowed to try again.
In our case we had contributed to the economy for 7 years in terms of employment and taxes. We had the skills the make it work again. And so far we have.
But we did that swimming against the current.
Many I’m sure will drown rather than attempt to swim. Good people who could make it work and be a real contributor next time around.
Check out my blog. Subscribe to it. Spread the word. You can fight back!
Said on June 29th, 2007 at 8:13 pm
Ian,
I wish you luck and I read your blog. Good goals and ideas, keep going and you will surly make it this time.
ST
Said on June 29th, 2007 at 8:14 pm
[...] I got a comment today from Ian Denny, to one of my earlier posts Success or Failure – Who cares? I then went to his blog to read about him, I think you should too. He calls his blog Phoenix from the ashes and writes: Thoughts and feelings from a company founded from the ashes of one that had died. A story I intend to be one of hope for those who find themselves in “business despair” or as a consequence, potential financial ruin personally. At least at the time of creation, we had turned the corner and had hope for the future. So please read on to find out if the story had a happy ending. [...]