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Must We Fail Before We Succeed in Business?

Must We Fail Before We Succeed in Business? We’ve all heard stories of entrepreneurs who achieved great financial success, but endured a litany of failures en route. Some people claim that it’s virtually impossible to build a successful business if you haven’t first had at least one business failure. They reason that we only know how much risk we can safely take when we know how much risk is too much. In short, is there some immutable law, which stipulates that failure is a prerequisite for success?