How to Bounce Back After a Business Fails

Whenever we make the leap and start up a new venture, there is always a chance of failure.  That holds true whether our new business is a well-funded Silicon Valley startup, or a personal business we launch that might be a local coffee shop or restaurant, a bookstore, or a professional services firm.

Research shows that more startups fail than succeed. But that doesn't mean we shouldn't try.  For those that do succeed, the rewards are many: doing something we love, financial independence, the opportunity to drive positive change in our communities and beyond.

So how do we react in those times when our business has failed? How do we effectively process that failure, learn from it, and bounce back even stronger? That's the subject of an Associated Press article I recently contributed to, published online and also in newspapers across the US and internationally.  See more here.