Blame Yourself

In order to move forward in business, sometimes YOU have to accept the blame. The moment you realize this, your company will flourish. Entrepreneurs who don't admit to their mistakes, will likely make the same mistakes over and over again.

I've seen many musicians blame their record labels for lack of promotion when their CDs don't sell. However, most of the time its their music that just wasn't good enough. So their CD flopped because their music sucked!

I've seen tons of Black entrepreneurs blame their lack of success on "the industry", or "the timing", or "the location". Some people will even blame the targeted consumers who didn't buy into their ideas. "People are stupid for not seeing the benefit of what I'm selling," they say.

When things go wrong in business, you have to realistically assess what happened. If all fingers point at you, then accept the blame and learn from your mistakes.

Every business owner will make bad decisions, and will take a loss. This is a completely normal and necessary learning process. Accept it, absorb the damage, and move on!