Better to admit failure or not?!


Question: Better to admit failure or not!?
Just looking for opinions here, you're a very diverse group and I actually get good, helpful answers on here!.!. :)

My attempt at starting a business last year failed, I lost a lot of money, (not as much as some people do, but it was a lot to me)!.!.!.but learned some lessons and did take away some good things from it!. When other industry people ask me what happened, what's the best way to go with my answer!? Brutal honesty, total BS, or somewhere in the middle!?Www@Enter-QA@Com


Answers:
I would be inclined to admit it but I would also explain it!.!.!.!.
Thats on a basis of honesty being the best policy!.!.!.!.If you were found later to have been lying you really would not have helped yourself at all!.!.!.!.!.
Just my views!.!.!.!.Www@Enter-QA@Com

I think it is better to admit failure because then you can take responsibility for your actions, realize what went wrong and correct it!. "The only true failure is when you stop trying"!. Many successful business owners today failed several times, but that never stopped them!.

Just tell them that your business failed, be very honest, but tell them you won't stop trying!. Show them that you have realized your mistakes and present what you plan to do next!.Www@Enter-QA@Com

Tell them it was more time consuming than you had thought and you decided that it was not in the direction you wanted your life to go!. I believe if you learned a lesson, why does the world have to know!. I think it is personal and your own life lesson!. What do people have to gain knowing the business did not succeed anyway!. I am sorry that the business did not take off!. I read a quote that said, anything worth trying, is worth doing badly!. True, Ive tried and failed at alot of things!.Www@Enter-QA@Com

Somewhere in the middle because that would help maintain your good relations with them as well otherwise they'd take you to be a novice and they'd treat you like one!.Www@Enter-QA@Com

Other "Industry People" can Be helpful; You Could use info & advice for next, possible Venture!.!.!.!!Www@Enter-QA@Com

To admit failure is better than to be a continuous failure!.Www@Enter-QA@Com

Admit failure!.!.!.Www@Enter-QA@Com

lie make things complected so tell the truth!.Www@Enter-QA@Com

Best to admit itWww@Enter-QA@Com

Be honest, but give it a positive spin!. Use euphemisms, but don't lie!Www@Enter-QA@Com

admit failure but i will stand again after the 5 minutes sadness!.!. life still in our hand & we still have to go through itWww@Enter-QA@Com

in the middle!.!.!.!.!.!.Www@Enter-QA@Com

With faiures in life we learn from them and I'll bet we do much better the second time around!.Www@Enter-QA@Com

be honest!.!.!.!.and say its okay because you learn and get more experience!.!.!.Www@Enter-QA@Com



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