As this report shows, an entrepreneur’s path is rarely easy. Success often only comes after failure. This is on top of the challenges posed by regulation, competition, and access to capital which can all make entrepreneurship difficult. So how do entrepreneurs and business owners fuel their journey towards success?
A phoenix founder is someone who is finding success with a current venture after a previous business has failed: their new business has risen (directly or metaphorically) from the ashes of their old one.
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