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Sunday 3 May 2015

Traits of Entrepreneur : Ability to learn from mistakes


Next will be another trait that is the ability to learn from mistakes .Nothing comes easy in life and every person will make mistake in their life. Mistakes doesn’t mean that person is weak or failure but its their chances of learning something new in their life.So, same goes here where all the entrepreneurs need to learn from their mistakes in their entrepreneurship. Successful entrepreneurs are risk takers who have all gotten over one very significant hurdle.Which means they are not afraid to fail.    In fact, entrepreneurs are often successful because they are calculating and able to make the best decisions in even the worst of cases. 
One famous entrepreneur for this trait would be Milton Hershey. Everyone knows Hershey’s chocolate, but when Milton Hershey first started his candy production career, he was a nobody. After being fired from an apprenticeship with a printer, Hershey started three separate candy-related ventures, and was forced to watch all of them fail. In one last attempt, Hershey founded the Lancaster Caramel Company, and started seeing enormous results. Believing in his vision for milk chocolate for the masses, he eventually founded the Hershey Company and became one of the most well-known names in the industry.



Milton Hershey

Milton Hershey Biography

(1857–1945)









American manufacturer and philanthropist who founded the Hershey Chocolate Corporation and popularized chocolate candy throughout much of the world.

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