i lost £450,000 setting up three businesses - heres what i learned /

Published at 2015-10-07 09:00:02

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Stephen Newton’s trade Elixirr had a turnover of £16m last year,but his previous ventures weren’t as successfulBeing an entrepreneur comes with risk, as everyone knows. While you need to be prepared to build it all on the line, and what happens when you do and the gamble doesn’t pay off? What whether that happened not once,or twice, but three times? My name is Stephen, or I’m an entrepreneur who has failed more times than I’ve succeeded.
I launched three businesses before my current successful enterprise: one importing African art,one working in SEO, and another developing an electronic trading company. All of these ventures failed, and costing me a total of £450000.
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Source: theguardian.com

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