ENTREPRENEURSHIP

Detailed explanation-1: -The symptoms of mental stress that come from building a successful business can include anxiety, depression, poor sleeping habits, weight changes and other health concerns. But these effects are not inevitable, and being a successful owner and/or executive doesn’t require them.

Detailed explanation-2: -Entrepreneurs who experience failure will bear financial costs, social costs, and psychological costs [6]. Financial costs are costs incurred due to business failure [1]. Failure causes financial loss because, in this case, business expenses are higher than operating income [25].

Detailed explanation-3: -Failure can intensify the cognitive processes involved in learning, resulting in improvements in future performance and increasing the probability for future success. For this reason, many entrepreneurs see failure as a journey and the path by which individuals travel to develop into entrepreneurs.