in their success. To an entrepreneur, resilience is the ability to anticipate possible risks, cope effectively with unforeseen experiences, and adjust to changes. Successful entrepreneurs are usually good at picking themselves up.
As an entrepreneur, it is important to recognise opportunities to grow or reach a new market. Again, failure can help with this mindset. Sometimes being successful makes you complacent – by doing the same thing repeatedly, you don’t learn how to grow and improve. Although failure can be a hiccup, it opens your mind to new opportunities and perspectives. By failing, you learn how you can do things better.