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The Positives of Failures

Always have plan B and plan C going into any interaction. Try to find any learnings from your failures as you will have a lot of people saying ‘no’ to you in early stages of the business.

Embrace failure. Failure is learning. If you are not failing you are not learning, fail fast, fail forward. I Love that one. Lots of mini failures is what we want to avoid major catastrophes. Checking attitude to failure is key, it is a way to make something that didn’t work, work.

No journey is without roadblocks. There are constantly ups and downs, wins and losses. Show up every day and the hard work will pay off. Sometimes things that you're hoping will work out, don't - but other times, great opportunities you don't expect, will work out!

It helps to see failure as a natural consequence of trying new things. Getting everything right isn't one of the options.

Make peace with the fact that you'll make mistakes, drop the ball and feel like giving up. Then don't!

Entrepreneurs should view failure not as a final destination, but as a detour on their journey towards success. They must embrace setbacks as opportunities to learn, adapt, and reroute their strategies while remaining steadfast in their ultimate goal

Reflect on failure, learn from it and pick yourself back up Get back out there and start again. For the 100 nos there might be one yes so keep working for that yes. Failure is not the finish line, it's only the starting point – flip your mindset.

Learn from failure & don’t fear it. Running a business can be a rollercoaster, there will be new challenges and issues every week but if you learn from each of them you will make significant progress.

Failure is a part of the game. If your driver is the idea, I think failure will be harder to handle. If you want to be an entrepreneur, failure is part of the job.

Young startups should view failures as learning opportunities. Failures are not the end, but rather, stepping stones in the journey of entrepreneurship. The key is to learn to adapt and make necessary changes while always staying true to your core vision and values. These days I search for failures, as they show you exactly what's needed to succeed.

There is also a wealth of support for budding entrepreneurs outside UCD. Here are some resources that are particularly useful for students or recent graduates.

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