I was reading a string of emails on a list serve regarding
failing businesses. One person asked if
business failure is a step toward success and stated that most people will
experience it along the way. But another
person wrote that failure is not always on the path to success and that
planning is the key.
So, does a perfectly well thought out business plan spell
success? Or does it take a few failures
along the way to get it right? Honestly,
I’ve seen it both ways. I have run across more and more people, who after
filing bankruptcy are starting their own business. I have seen people who have had great success
their first time around with no planning at all. I’ve seen businesses with
great planning and forethought fail miserably.
What then is the key to success? I wish I knew. I’d definitely spread the word. Here’s what I believe. I believe that just
because you have seen failure doesn’t mean you can’t have success. I believe
that everyone can get lucky sometimes and with no planning, strike it successful
with a great business. I believe that it
is also possible that all the planning in the world won’t guarantee success.
So the formula is elusive.
There really isn’t a one size fits all do this and it will work plan for
making a go of a small business. But I
believe that everyone who is successful and everyone who fails has one thing in
common- they all tried.
Twitter @BizWorksCenter
Suzanne Cormier
Executive Director
BizWorks (Small Business Incubator)
Follow Suzanne Cormier on Facebook and
Twitter @BizWorksCenter
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