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Is it fear of failure or over-optimism about success - or both - that drives entrepreneurs on to their next venture?
A successful entrepreneur who has built up a business from scratch and successfully sold it for a significant sum should be able to do it all over again with a new venture, only better. Right?
Wrong. Past success is of course no direct ticket to success in the future. However, gaining an understanding of your entrepreneurial tendencies so you can use them to best effect will stand you in good stead if, after exit, you’re keen to start again.
This article was originally published as a white paper by UBS in 2015 with the help of E2Exchange, the entrepreneur network.
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We have offices in various regions across the UK.
Have a question about our wealth management offering and services? We're here to help you.
The price and value of investments and income derived from them can go down as well as up. You may not get back the amount originally invested.
UBS does not provide tax or legal advice. You should consult your independent tax/legal advisor for specific advice before entering into or refraining from entering into any services or investments.