“Everyone hates to fail, but for some people, failing presents such a significant psychological threat their motivation to avoid failure exceeds their motivation to succeed.” – Guy Winch, Ph.D.
One of the worst things that can happen in your life as an entrepreneur is discovering that your business has failed. It can be embarrassing on your part to accept the reality that all your efforts have gone to waste. You will start to think of your family members and loved ones, especially as to what they might say about your failure. Do not worry because there are several ways on how you can bounce back after experiencing grief for what happened in your venture.