Causes of Failure in Mexican Social Enterprises

Causes of Failure in Mexican Social Enterprises

There are many similarities between Mexican Startups and Nigerian StartUps and that’s where we are proposing a partnership with the Failure institute to learn from the failures of Mexican businesses as we draw up new research frontiers for Nigerian Entrepreneurs.

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Generating knowledge that is useful for social entrepreneurs is central to the work of Promotora Social México. A better understanding of why their ventures fail, so that the lessons and efforts of these entrepreneurs are not lost, is vital for preventing others from walking the same paths that lead to frustration and discouragement. The necessary resilience to overcome a failure is something that not all entrepreneurs possess, but today it’s an essential skill, especially in the early stages of a company. Values such as commitment, professionalism, results orientation, teamwork or customer service are principles that Promotora Social México promotes and shares with its partners, in this case the “Failure Institute.”

Source: Failure Institute

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HIVE Global Leader, Corporate Citizenship Lead at Microsoft Anglophone West Africa.