About Entrepreneurs: Platypus Bottom - Have You Ever Hit It?
 | from Scott Allen
You're probably asking yourself why I would ask such a bizarre question. And if you've never been to Australia, you're probably wondering how it's even possible. Well, it's not what you're thinking. "Platypus bottom" is the newest phrase from Wall Street being used to describe the current U.S. stock market situation. But it has broader potential meaning, particularly for entrepreneurs. This week, we'll explore "platypus bottom" and how entrepreneurs deal with failure.
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In the Spotlight |
Platypus Bottom
While images of a platypus' backside might not get you thinking about business, it's the latest metaphor out of Wall Street. In fact, there's nothing extraordinary about a platypus' hindquarters. But there is something extraordinary about the platypus itself: it's a paradox, unlike anything botanists had ever seen before when it was discovered. So what is "platypus bottom" for you? It can be scary, but it can also be the impetus for change.
| | Failure Makes Choices
Since 80 percent of all new businesses fail within five years, you might as well learn to handle it. In fact, if you can start building this mind - set before you fail the first time, you'll be ahead of the game.
| Barry Moltz Interview
Barry Moltz has founded and run small businesses with a great deal of success and failure for more than 15 years. His second book, "Bounce! Failure, Resiliency and the Confidence to Achieve Your Next Great Success", was published in January 2008. I caught up with him to discuss some of the unconventional wisdom he shares in it about defining success and dealing with failure.
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