We are telling you about the business of three such entrepreneurs, who have fallen down again. Which means that his business had gone into debt and he later raised it again with his hard work and dedication.
Number one company formed after failure
Three budding Indian entrepreneurs started an event management company in Afghanistan, whose job is to invite Bollywood stars to an event in Kabul. 3 months after starting the company, they performed a concert, which ended with an accident. This led to a loan of US $ 200,000 on him. At first the founder of the company paid its debt. Then he opened a big company in Kabul and hired 600 people in it and in ten years made the company a turnover of US $ 300 million. It is now the largest Bollywood event organizer in Kabul.These are the things that you can do keeping in mind the start of a successful business:
- What to do after failure: Mistakes happen to humans and due to the failure of the company, we think 10 times before taking any conclusion in business. But do not be discouraged by your failure, stand like a stubborn entrepreneur and make a strategy to start another business. The most important thing to achieve success is to never give up and keep trying.
- Loyalty – A basic feature: Do your work with integrity. Truth is one thing that helps you to progress in every sector. We should stand up for our business like a soldier. Do not run away from any condition and face it fiercely.
- New Enterprise – New Experience: When you start a new business after failing in your first business, then your experience helps you to start a good business. However, your experience may not prepare you for all the risks and challenges, because every new journey has new risks and challenges, which gives you a new experience. Reliance Industries chairman Mukesh Ambani called Jio the “biggest startup”, not calling it a company. A successful entrepreneur is the one who learns from his mistakes and moves forward, and makes his other business successful.