5 Rules for an Entrepreneur to Bounce Back After a Failure


4. Avoid making excuses

Some of them pass away from the truth by sugarcoating their failure in excuses. They tell themselves that all their shortcomings were not their fault. 

But ideally entrepreneurs must stop making excuses and focus on a productive goal.

3. Don't confuse a failed goal for a failed person

Sometimes people blame themselves for any and every failure, creating a pattern of negative self-image. Assuming you'll fail is a very dangerous thinking -- and can become a self-fulfilling prediction. Instead of setting up a mental pattern for failure, an entrepreneur should ask himself how he can improve.

2. Remember, you are not alone

People fail to reach goals all the time. Consider football players, for example. They fail multiple times over the course of a long EPL season, in which they play 38 games. And when they fail, they do it in front of millions of TV viewers and on-field spectators. The point is that we're not robots.