This course is part of the How to Become an Entrepreneur: From Design Thinking to SWOT Analysis ExpertTrack
Success and Failure in Entrepreneurship: Discover the Key to Business Success
Investigate why businesses succeed or fail in a range of entrepreneurial contexts.

- Duration2 weeks
- Weekly study5 hours
- 100% onlineTry this course for free
- Included in an ExpertTrackCourse 4 of 5
- Get full ExpertTrack access$39/month
Success and Failure in Entrepreneurship: Discover the Key to Business Success
Evaluate the potential success and failure of your own business opportunity
When launching a startup, what does success look like – and how can you foresee failure?
On this entrepreneurship course, you’ll have the opportunity to find out the reasons why entrepreneurs fail and identify the key characteristics of successful entrepreneurs.
You’ll have the chance to learn how to consider business startup innovation and entrepreneurship in different contextual environments by analysing startup success in different entrepreneurial environments, such as the content of a developing country and transition economies.
You’ll also get the opportunity to evaluate the potential success and failure of your own business opportunity developed in the previous course.
How to learn from failure
If you’re looking at how to start a business, you’ll need to know the importance of failure.
You’ll take an in-depth look at entrepreneurial success and failure, explore business failure statistics and get to understand why startups fail and what failure looks like.
Discover the key to new business success
What’s the single biggest reason that startups succeed? The course will examine this question in detail.
You’ll look at what makes an entrepreneur succeed or fail, consider different business environments and economies, look at case studies and explore the business success and failure grid.
You’ll also ask the fundamental question: is the entrepreneur ultimately responsible for a startup’s success or failure?
What topics will you cover?
- Introduction to business failure
- Internal and external causes of failure
- Likelihood of failure amongst start-ups
- Indicators of business success
- Exploration of different entrepreneurial environments
What will you achieve?
By the end of the course, you‘ll be able to...
- Identify the various causes of business failure and success
- Apply knowledge of business failure and success to different innovative and entrepreneurial environments
- Identify strategies for business success
Who is the course for?
This ExpertTrack is designed for anyone interested in applying entrepreneurship principles to their daily lives.
It will be of particular interest to people in business development, recruitment and business management roles looking to take their career to the next level.
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