Have you experienced a failed business?

[Starmix]

Managing a business is crucial. There are things we miss to see and plan. Failing a business is inevitable, and it happens because of many reasons. Negligence and recklessness are among the reasons why a business fail. It is essential for a business owner to spend most of his time planning and innovating to avoid failure. In my case, I am thankful that my offline business is still kicking, but I do not know in 2026 if it will remain that way. It is tiring, but I have to endure because of my goal which is to live in financial freedom. I see here, some businesses failed and were never revived by the owners. They said, they wanted to give up . The economic crises led them to end their business.

 

[kit_hung]

Failure to plan is planning to fail, so great care is required at every stage of operation. A business that takes action is one that assesses risks early and makes continuous improvements to prevent unexpected setbacks in the future.

 

[Kera]

I have experienced failure in business several times. And I have had periods in business when it seemed like nothing is working.

 

[Starmix]

I have experienced failure in business several times. And I have had periods in business when it seemed like nothing is working.

Sorry to hear about your failed business several times. There might be hindrances that led your business to go bankrupt. Try and try again until you succeed.