How To Deal Failure In Business
If your startup was not profitable and had little money in the bank, it
either asked most employees to leave or shut down. As a laid off employee or a
founder, where do you go from here?
Deal with failure: Losing a job is bad enough. A startup fail is worse if you
have to live with naysayers who criticised your past choices. You will need to
accept, acknowledge and live with this temporary failure. Make life easier by
reaching out to friends and family to pour out your sorrows. Next, find people
who have been through similar situations. Discussing your experiences and
seeking their perspectives will make it easier to embrace this fail. While you
do this, neither be ashamed of your failure nor wear it in pride, else the
bounce back will be tougher.