To me mismanagement is not only applicable for business group-industries-corporate sector -entrepreneur -& even partnership firms but it covers the entire working areas of our planned life.
With this i have come across a question related to personality with the resultant forces of entrepreneur failure.I have considered & express my views as follows
Entrepreneurial failure to me is the resultant forces of totally mismanagement .While taking out the business plan & method before starting a project ,all round the review of the same should totally grasp in the mind of the entrepreneur .
He has to review observe take into confidence regarding his management team & if in certain cases does not agree with his team ,he has to carry out his own introspection & his own action & decision to be carried out in a judicial mode .
No entrepreneurial would carry out his project under a negative mode of failure.It is his behavior,sentiments,his moral of codes & ethics ,his temperament & power of discrimination & last but not least his EGO .If any person in any areas if he deviates in above light his failure is bound to be as clear as Day Light..
In such line in certain case it may be observed to quote that '' FAILURE ARE THE PILLARS OF SUCCESS''.In such case i personally do not agree unless he has accepted his failure from the within & made the required process of his improvement.
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