October 2004 | Internet Adventure

The Business of Learning from Mistakes

by Maria Marsala

For this month’s Internet Adventure, we brush up on business acumen to enhance our own enterprises or work lives. Remember that “business” can embrace a broad spectrum:

Sometimes the easiest way to learn is to look at the failures of others and pull out lessons to turn failure into success. This is certainly true in business.

Most business owners are what Michael Gerber, in the book “The E-Myth Revisited,” calls “technicians.” They do something with great precision and skill. Or they have a product that many others enjoy using. They receive great reviews, testimonials and recommendations from their clients.

On the other hand, they don’t know what they don’t know. What do they need to do, monitor or create to keep their business going strong year after year?

The answer is easily found by studying business failures. Business owners can learn from life’s negative energy-from mistakes. How can you speed up the learning process? Truly digest these articles on business failure to learn what you don’t know.

* “Business Closed: The Story Behind the Sign” by John T. Self

www.sideroad.com/cs/column5.html

* “Why Businesses Fail-And Why You Should Know” by Mark Landsbaum

entrepreneurialconnection.com/Skills/module19/skills_home.asp

* “How to Succeed in Business” by Brian Tracy

www.selfgrowth.com/articles/Tracy5.html

* “Analysis of the Failure of E-Commerce Businesses” by Saviour L.S. Nwachukwu

snipurl.com/9519

Maria Marsala is business coach-consultant and trainer who helps women-owned service businesses increase their bottom line in less time. Visit www.ElevatingYourBusiness.com to learn about her newsletter.

[Send] Recommend this page to a friend

AddThis Feed Button

Top Ten pages recommended to friends:

  1. Beyond Eco-Apartheid
  2. The Good($) Life
  3. Don’t just get mad...Get active
  4. Off the Mat, Into the Wild
  5. Got Raw Milk?
  6. Soft Drink for the 21st Century?
  7. Biodynamic Farming
  8. Earth’s Mosaic
  9. Eco-Fashion Comes of Age
  10. Carless in Portland...

Find CC In Print
Subscribe to Newsletter