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A self-analysis on business failure! When I started a business, I made a loss and my mother who is a wise lady (her father & grandfather were successful businessmen) she commented, son there must be something wrong in your character because of that you made a loss.
I was a disciplined guy, but her remark stunned me. I stopped my business activities for some time and started reading books to understand what is character.
(Translation of Quran & Seerah of Prophet (PBUH) and some other good books). After a few months of deep study, my final conclusion was, ”Character is what you do when nobody is watching”. I did self-introspection and amended one thing when I am all alone, I am at my best by thinking or doing something good which can take me closer to Allah the creator.
After I made that amendment in my personal character and then restarted my business.
Since then by the grace of Almighty, there was no looking back. Business is absolutely a reflection of your character.
In the word BU S I N ESS, itself the word SIN is hidden in the middle. Analyze your business, there must be few sins knowingly or unknowingly (eg: riba (directly or indirectly), not taking back goods sold from the unsatisfied customers, etc, etc, etc) involved in your business, repent on it and eliminate it, and the result will be stunning, In Shaa Allah.
Wish you all the best.
Source: received through whatsapp