There’s no way around it: Failure is not fun. It’s also an important part of life as an entrepreneur. Successful entrepreneurs from Bill Gates to Vera Wang have colossal failures under their belts. I’d even argue that if an entrepreneur has never experienced a failure, he or she isn’t taking enough risks. Fortunately, this unpleasant experience is not futile. Especially in business, failures can be used to your advantage—but only if you learn how to bounce back from them effectively.
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