DailyQ #47: What to do when a project might fail

What do you do when you realize a project might fail? Troy Hoffman discusses the hardcore issue of failure. This is something that anyone with big dreams and goals will inevitably face. But what do you do when you are faced with this challenge on your journey to success?

It’s the dark side of entrepreneurship. You invest dollar after dollar into your business to get it up and running. Despite all your efforts, you begin to feel like your pouring into a sinking hole.

This is more common than you may think. When launching a company you are constantly course correcting. And the problem in life is, we don’t know what we don’t know.

You must be able to learn and relearn, fall and get back up. The truth is, you are going to waste tons of money, and tons of time. It’s just going to happen.

Give yourself permission to fail. And don’t ever give up.

How do you handle failure?