Ashamed: Failed Companies & Business Ideas, Unsuccessful Entrepreneurs Startups. Feelings of shame, depression & embarrassment
Dear Entrepreneur, there is no shame in your failed business idea and attempt. There is no shame in getting it wrong. There is no shame in making a mistake. There is no shame in genuinely having a failed company or start up and giving your venture a good go. There is no shame in going all the way to bankruptcy. Failed and unsuccessful entrepreneurs are plenty.
First of all understand it’s ok. There’s no shame in it. Failed business ideas, startups, entrepreneurship and companies is what leads to success. There’s no shame in failing, because failure is a needed process for success.
Secondly, I’ve been there. Many times. Here’s my advice on dealing with and overcoming the shame, embarrassment and depression. Don’t bottle up your emotions. You may have considered yourself as an untouchable entrepreneur. But where ever you are on the ego maniac scale, understand that we are all humans. Talk to a friend you trust or call a helpline. Go for a run. Get your feelings out positively.
And always remember that in the end, failed business ideas, startups and companies don’t matter. You need to understand this for yourself before expecting others to even comprehend. The fact that you are attempting, making mistakes, figuring out flaws, miscalculating and failing and hell even going through bankruptcies means you are moving forward (in one way or another).
You’re a champion for willing to get off your ass and give something a go. And for that, I salute you.
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