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Diamonds from Ashes

In: The Researcher Entrepreneur

Author

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  • George Vekinis

    (National Centre for Scientific Research Demokritos)

Abstract

It is possible that, even after all your best efforts and preparations, an innovative product or technology might not catch on and your enterprise ends in failure. But such financial failures are never a waste of time. They are valuable trials that do not succeed for particular reasons and in so doing point the way to a better approach. Failures are chances to learn lessons to point the way to eventual success. Every successful entrepreneur has failed – often more than once – on the way to success.

Suggested Citation

  • George Vekinis, 2023. "Diamonds from Ashes," Management for Professionals, in: The Researcher Entrepreneur, edition 2, chapter 27, pages 129-133, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-44358-9_27
    DOI: 10.1007/978-3-031-44358-9_27
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