When high-profile experiences company Red Letter Days went under, its founder decided to explode the myth that business is all plain sailing. With the help of some leading entrepreneurs, Rachel Elnaugh recounts some interesting entrepreneurial tales that went badly wrong in her book Business Nightmares. 

She herself learnt some valuable lessons when Red Letter Days went into administration and rather than feeling depressed over losing it all, she felt liberated after working so hard to keep the business going.  “It’s surprising what we cling to in life for so long, when in fact we should be letting go”. 

Maybe we could all apply that philosophy at some point during our working lives to help us move on….

 

Read more about Business Nightmares and the value of failure at: http://www.growingbusiness.co.uk/06959143454329678459/business-nightmares.html

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