People who suffer a setback and start a business have no choice but to look forward instead of backward. As Sallie Krawcheck explains, “There was a freedom in being forced to stand on my own two feet, even if it involved getting knocked off them first.”
The freedom of forging your own path, controlling your own destiny, and making your own success is what draws so many people who experience a career setback to start their own business.
Of course, your past is what makes you who you are today, but you cannot dwell on the past if you want to get ahead. You have to let go of your self-doubt and fear if you are going to make it as a new small business owner. One way to make sure you look forward is to go in a new direction with your business; try starting a business that aligns with your passion rather than one that aligns with your former career.