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5 Ways to Fail Forward as an Entrepreneur

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Every entrepreneur is guilty of experiencing a time at some point when you think you’ve hit rock bottom. Getting to the top is a process which involves many obvious setbacks. But while most people run away from failure due to the fact it could mean the end, I suggest all entrepreneurs embrace it with open arms, learn from it and move on. Hence, the silent truth here is: Failing is just a stepping stone to success.

If entrepreneurs really want to get to the top, they have to fail their way to it. Now is the best time to fail in something so you get it right tomorrow. You must grow where you are planted and spread without fear of failure for growth is a mystery that naturally takes place in your life which you cannot help.

For every entrepreneur to have a successful failure, you should take note of these ways you can fail forward:

1. Hold nothing back

Whether you are working on a new project, trying out a new recipe or getting into a new relationship; learn to go all the way. Give it your all. Allow yourself the privilege to enjoy the ride as it goes on. After all, what is the worst that could happen? To your delight, that fear of failure you thought may occur could be your unbelievable launch to a massive success.

Think of one great person who has never failed. I can assure you there are none. The difference here is they don’t see it as failure but as a pathway to lessons learnt. The current situation you may regard as failure only makes you better at the next.

“A person who never made a mistake never tried anything new.” – Albert Einstein

2. Don’t think too much about the challenges

Challenges are like bridges created in front of every entrepreneur to stop him from taking part in the event going on on the other side of success. The more you wallow in pain on the sad consequences of your action going wrong, you fear taking a step forward. Do whatever you wish by not holding on to the negative result of failing. Concerned on what your neighbor may think about you? You should know their thoughts don’t matter. Live your life without excuses like a King or Queen who owes nobody on earth and enjoy the benefits.

3. Be ready to change courses and move on

We have all had that moment when a hearty joyous relationship suddenly turns sour. Be it from a business partner or fellow church member. Don’t hang on to mend anything. There are something’s which may occur that if you try to mend, gracefully waste your time. Let it go! Don’t see yourself as a failure because this particular relationship or method of getting something done did not work out.

If it doesn’t match up with what you want, never forget you always have a choice either to continue or let it go. Entrepreneurs must understand that there are several ways success can be achieved. If your first approach doesn’t work, bear in mind that you are just taking a more pleasant approach to achieve the same goal.

4. Appreciate everyday

We do not know the value of what we have until we lose it. You only know and appreciate the value of money after being broke for a while. Until your business revenue crashes, you don’t see the magnitude of what you have at hand. Until the negative somehow find its way to you, you may never appreciate the positive.

Until you become broke for a while, you never appreciate the value of money. Now until you have failed, you almost never appreciate what you already have. The sooner the failure comes, the sooner you appreciate your blessing in disguise. We as humans are naturally wired that way.

“Failure is only the opportunity to begin again more intelligently.” – Henry Ford

5. Realize how strong you are

What doesn’t kill you makes you stronger. Keep striving in the ugly face of adversity. Reduce the number of friends you have because not everyone in your circle is a friend. Know the real ones. Be prepared to do many things alone. Against all odds, you need to be the best you can possibly be. Someday, all of your efforts will be crowned with success. There is plenty of room at the top. Don’t stop failing your way to it.

What are some things you have learned from failing as an entrepreneur?  Leave your thoughts below!

Evelyn Uche is an entrepreneur and a serial writer with a strong passion for start-ups. She is the editor and founder of the business blog known as ThisIsBusiness247 where she publishes daily articles on business news & events. You can follow her blog on Twitter to get her latest updates.

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Business

The Entrepreneur’s Reading List That Transforms Ideas Into Empires

These must-read titles and writing insights reveal how entrepreneurs turn bold ideas into empire-level success.

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Entrepreneurship is powered by stories—of accomplishment, failure, and decision moments that define businesses. Books are maps, providing insight from individuals who’ve traversed the road ahead. (more…)

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The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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Entrepreneurs

What Makes an Entrepreneurial Leader? Traits of the World’s Best Innovators

Inside the mindset of entrepreneurial leaders who transform risk, passion, and vision into world-changing results.

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Building a Business Empire: Lessons from the World’s Boldest Entrepreneurs

Learn essential lessons, success strategies, and mindset shifts every aspiring entrepreneur needs to overcome challenges and build a thriving business.

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Back in July 2017, I attended a business seminar on entrepreneurship in India. With my appetite for learning and meeting new people, I wanted to explore the latest developments in the entrepreneurial world. (more…)

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