How to fail a business?

To succeed

Entrepreneur journeys are rocky. Success or failure depends on so many factors that are difficult to fathom. Each individual trajectory is different. What is common is whether the business is successful or not?

No matter how much experience an entrepreneur has gathered, some missteps can be avoided by learning from someone who has already been through that journey.

This blog shares real-life experiences that illustrate potential risks to a company’s success.

I have started several businesses—some have been successful, while others have not. Successful ventures often follow a well-known formula for success. However, what is truly unique is the formula behind failure.

“Science is what you know. Philosophy is what you don’t know.”

Experiences

Count your money

In 2014, I founded Firstmed USA, a medical devices company specializing in diagnostic imaging equipment, including CT scanners, MRI systems, Cathlabs, and Mammography units—industries known

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