Setbacks Shouldn’t Define You

Setbacks Shouldn’t Define You

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Why Setbacks Shouldn’t Define Your Future in Business

“Failure isn’t fatal, but failure to change might be.” – John Wooden

Failure is a normal part of life because it is impossible to succeed in everything all the time. The same applies when starting a business over again if you’ve experienced setbacks in the past. However, it’s vital not to let the failures you have experienced previously hold you back from achieving success in the future. Here’s how.

Grow your business and achieve your goals with expert consulting services from BOOFOLA!

“Failure is the condiment that gives success its flavor.” – Truman Capote

Figure out where to start…

“I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas A. Edison

Suppose this is your second chance at starting a business. Or perhaps it’s your first time venturing into something new; whatever your reason is for starting afresh, it’s vital to take stock of what you’re good at and where your passions lie to establish what type of business to create. Moreover, it’s crucial to determine if there is a demand for your business idea in the first place to ensure that you don’t waste your time and efforts doing something that’s not going to be feasible at the end of the day. Of course, creating a business plan that outlines your business processes is always a good idea, as this will guide you on your journey going forward.

A business plan is vital for many of the tasks required to properly setup a business. Everything from opening a bank account to opening your doors for the first time may require a business plan. No business plan means no borrowing/lending (*this will be a link in the end) options as well.

“When you take risks, you learn that there will be times when you succeed, and there will be times when you fail, and both are equally important.” – Ellen DeGeneres

Decide on a business structure…

“Failure should be our teacher, not our undertaker. Failure is a delay, not defeat. It is a temporary detour, not a dead end. Failure is something we can avoid only by saying nothing, doing nothing, and being nothing.” – Denis Waitley

Deciding on your business structure is sure to be one of your primary considerations in the beginning. For example, one of the most popular business structures that many new entrepreneurs are opting for is an LLC (Limited Liability Company) due to its many benefits and flexible structure.

An LLC protects an individual’s personal property from being included in the company’s assets. LLCs are restricted to sole-proprietary businesses. An LLC can cover almost any type of business, no matter its size.

“We are all failures – at least the best of us are.” – J.M. Barrie

Make use of the tools at your disposal…

“Our best successes often come after our greatest disappointments.” – Henry Ward Beecher

The digital age in which we now find ourselves offers many benefits, mainly because the internet is so easy to use, and online resources are widely accessible. For example, your business will definitely require a website which you can do yourself with the help of MyBoofola (Coming Soon!). for example. Or you can hire the services of a web designer to do this for you. Furthermore, you’ll need a logo to ensure your business is distinguishable from the crowd when it comes to branding.

Additionally, you may need to purchase the latest software to ensure that you are keeping up with the trends, especially when it comes to your finances. For example, accounting software can help you to manage your invoicing process better so that you receive payments on time and it can also help you to schedule invoices better so that you keep on top of when customers view and pay invoices online. It can even schedule these invoices so that they are sent out routinely so that you don’t have to remember to send these out yourself.

All of this can be accomplished with one phone call or email to BOOFOLA LLC! We have a host of designers that we work with to bring you the best, at the best price. BOOFOLA isn’t limited to just helping with your website, brand creation, packaging, advertising… this list is a little too long for this one article… but we can also help with your business plan and any other needs that you might have.

“I can accept failure. Everyone fails at something. But I can’t accept not trying.” – Michael Jordan

Go back to school…

“Children have a lesson adults should learn, to not be ashamed of failing, but to get up and try again. Most of us adults are so afraid, so cautious, so ‘safe,’ and therefore so shrinking and rigid and afraid that it is why so many humans fail. Most middle-aged adults have resigned themselves to failure.” – Malcolm X

Perhaps you don’t feel confident about venturing into something new because you feel you need to upskill yourself first to improve your chances of success. You could steer yourself in the right direction and get the confidence you need to keep pursuing your business dream by going back to school and earning a business-related degree. For example, by earning an accounting degree you’ll learn more about business, financial planning, and payroll.

“It’s not how far you fall, but how high you bounce that counts.” – Zig Ziglar

Learn from the past…

“Failure after long perseverance is much grander than never to have a striving good enough to be called a failure.” – George Eliot

Suppose you have experienced setbacks in business or your career. In that case, you will probably have learned a lesson or two on what not to repeat or avoid altogether so that you don’t find yourself in a similar position again. Moreover, the hardship we go through can end up motivating us, even more, to push through and keep going for our dreams. By developing a business plan, using the software effectively, and going back to school, you can achieve success.

With the help of BOOFOLA and its large and growing network of partners, you will be able to accomplish ALL of your business goals. Contact us today to get started and see how far you can really go. When We Stand Together, We All Stand Stronger!

“No human ever became interesting by not failing. The more you fail and recover and improve, the better you are as a person. Ever meet someone who’s always had everything work out for them with zero struggle? They usually have the depth of a puddle. Or they don’t exist.” – Chris Hardwick
This article was written/contributed by the talented Vanessa Holwell of HiringSquad.net.
Vanessa, Thank You for your support! We look forward to hearing more from you in the future.

Client Advancement Team

Website: https://boofolallc.com

Boofola LLC Does Not Just Accept Differences - We Celebrate Them, We Support Them, And We Thrive On Them! We Believe That Everyone Has Value Without Regard to Race, Color, Religion, Gender, Gender Identity or Expression, Sexual Orientation, National Origin, Genetics, Disability, Age, Veteran Status, or Regards to Citizenship and Immigration Status. We promise to treat everyone equally, and to never exclude! Boofola LLC is proud to be an equal opportunity employer; we stay true to our mission by ensuring that our place can be anyone’s place. We hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company and all of us stronger.

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