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Post by David Wyld on May 28, 2013 21:44:47 GMT -6
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Post by franklinvazquez on Jul 3, 2013 9:23:28 GMT -6
INSTANT MBA: You Learn A Lot From Losing
Turning a business idea into an actually product or service can be quite challenging. Also, there will always be risks associated with starting a new venture. However, entrepreneurs should know that there is not a risk-free business. Decisions have to be made to operate the company, and sometimes managers can be mistaken. But it is essential to understand that making wrong choices is part of life, and we should just learn from that, so we can do better in the future. It is proven that the most successful and innovative ideas came up after several failures, and taking risks is necessary to find real success.
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Post by jalesianelson on Jul 14, 2013 6:48:39 GMT -6
Instant MBA: You Learn A lot From Losing This article is a very realistic read. Not only does it refer to the business world, but also everyday life. Losing teaches us to keep trying until we succeed. The mistakes we make, with anything, reflect on how strong we are as an individual. In the business aspect of it, the mistakes we make molds us for the ventures that are lurking in the future. Sometimes there are extraneous decisions that have to be made, and sometimes you won’t choose the best decision, but what doesn’t kill you will only make you stronger. Don’t be afraid to take risks or try out something new because that is where innovation and creativity stem from. No one likes to fail at anything, but failure leads to long-term success.
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Post by elvia on Jul 16, 2013 9:43:33 GMT -6
INSTANT MBA: You Learn A Lot From Losing
I agree with this article 100%. We all make mistakes! It's life and we have to learn to deal with those mistakes. I believe anyone can learn from their mistakes if they are willing to accept the fact that it was a mistake and life goes on. We can't all be winners all the time. I believe we have to lose at some point in order to succeed. When you make a mistake you should take that mistake and learn from it. I definitely agree that you learn from taking risk that didn't turn out the way you planned, as stated in the article. So don't be afraid to lose because you can learn from that failure and succeed in the future. This article was a great read.
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Post by scotthunt13 on Jul 17, 2013 10:26:56 GMT -6
INSTANT MBA: You Learn A Lot From Losing
You always hear people say learn from your mistakes and this guy is using that to better his company. It's true that you don't learn as much from winning as you do failing which is why it's important to focus on things that caused you to fail and do your best to change them to help you win even more. Obviously you don't need to completely ignore the things that helped you win in the first place; sometimes you need to change or tweak those a bit too in order to do an even better job next time.
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Post by mda1287 on Jul 17, 2013 16:29:11 GMT -6
INSTANT MBA: You Learn A Lot From Losing
Losing in business is never bad, however you need to learn from the loss. There are many aspects in business that won't always guarantee success, you have to work with what you have and make the best of it. Losing is a part of being in business and in a team, what really counts is how we learn from the loss and make more wins. I know the company i work for had many failures and brought its way up slowly and learned from a great deal of loss. Now the company is growing fast with minimal failures along the way and strives to go to the top.
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Post by maryhilse12 on Jul 17, 2013 16:46:00 GMT -6
INSTANT MBA: Imitating Big Corporations Can Encourage Creativity In Small Businesses
I agree with this article. Small businesses can learn efficient ways of organizing from larger ones, this providing free time to creativity. It may provide the personal contact that large businesses neglect. It can make you unique and set up apart from others. Remember to keep an open mind when opening a small business, and learn from everyone, even the large companies. They started out small at one time!
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Post by kylekling on Jul 18, 2013 11:50:12 GMT -6
INSTANT MBA: You Learn A Lot From Losing
Making mistakes could possibly be more beneficial then getting it right on the first try. You learn what works, what doesn't work, what to do, and what not to do when making mistakes. You can also see different, more creative ways, to do something if you fail have to look at it again. You don't get that if you just do it once and are done with it. Failing is a hall way to innovation if done right. You must learn from your mistakes and not be afraid to make mistakes.
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Post by campbell22 on Jul 18, 2013 12:38:46 GMT -6
INSTANT MBA: You Learn A Lot From Losing I agree with this article and the fact that you learn a lot from losing. A company that doesn’t do as well as it wished should always see it as learning experience and not just as a failure. Failure allows for a company to look back at what they did wrong, find a way to fix the problem, and to never make the mistake again. Doing this will help companies persevere through many of their future problems, knowing that it’s not the end of the world when things go wrong and that they can find a solution to any situation.
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Post by harrisonrainwater on Jul 18, 2013 17:38:42 GMT -6
INSTANT MBA: You Learn A Lot From Losing
Although never fun, losing always has its values. Even though losing, or even taking second place, have its advantages. Learning from your mistakes is a huge advantage from losing. This is a chance for you to see exactly what you are doing wrong and what your opponent is doing better than you. As a manager, you must be able to take away this information from a losing scenario. Dwelling in a loss will do nothing but hinder the growth of the company.
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Post by Deleted on Jul 19, 2013 9:11:37 GMT -6
INSTANT MBA: You Learn A Lot From Losing
You can learn a lot from losing if you approach the situation the right way. For example, if a customer becomes upset, we strive to find out the reason why and fix it. If the employee fixes the problem, you acknowledge that they fixed the problem. You do not acknowledge that they caused the problem. Individuals know when they fail, and if you provide praise when the problem is fixed, then they will be empowered the fix the problem the next time that it comes around.
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Post by neilthompson on Jul 21, 2013 15:53:06 GMT -6
INSTANT MBA: You Learn A Lot From Losing
While there are things to take away from our successes, we stand to learn a lot from our mistakes. We do not need to fear failure, but we do need to minimize the risks from these failures and also learn from them. Any time that we have a failure, we need to evaluate and decide what we can do in future situations to avoid repeating these failures. From these learnings we will grow and develop.
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Post by blaine on Jul 21, 2013 17:48:16 GMT -6
In business you have to take chances ad risk to be successful and grow. Sometimes these chances may not work out in your favor but it does not mean that you have lost. If you play it safe and never take chances, you could miss out on some really great opportunities. In business, it is about taking chances and making risk. As a leader, it is your job to assess the risk and take the chances to help your company grow and develop.
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Post by lydell on Jul 22, 2013 10:11:31 GMT -6
The mistakes we make, with anything, reflect on how strong we are as an individual. In the business aspect of it, the mistakes we make molds us for the ventures that are lurking in the future. Sometimes there are extraneous decisions that have to be made, and sometimes you won’t choose the best decision, but what doesn’t kill you will only make you stronger
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Post by jeff on Jul 22, 2013 18:48:48 GMT -6
INSTANT MBA: You Learn A Lot From Losing
This is an age old adage, from bygone days and old timers alike. Learn from your mistakes, and your failures. Learn form history, lest we be doomed to repeat it. If something goes wrong or an idea doesn't pan out, use the knowledge gained from trying to make your next attempt that much better. When you are successful, its easy to forgot about the things that could go wrong and did go wrong. But when you lose, it reminds you of what could be. Always remember the failures, and the successes will be that much sweeter.
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