"Entrepreneurship means having the willingness to take "calculated" risks. So many people try to start businesses without understanding the risks, steps, and resources needed, which is a large part of why so many businesses and startups fail. You learn a lot through making mistakes. You should not be an entrepreneur if you cannot take a beating (consistently), learn from those mistakes, get back up, and don’t make those mistakes again. "
Read full article by the Nasdaq Entrepreneurial Center