Kehlan Kirwan looks back at the heartbreak of business closure

In this week’s column, Kehlan Kirwan looks back on a personal experience as he recalls the heartbreak of a small business closure. He argues that failing is something that every business should be prepared for    

In business, they say it is better to have loved and lost than to have not loved at all. But there is still no escaping the pain.

Around the startup scene, you hear a lot about “failing fast” and “failing quicker” in business. The premise being that you stop wasting your time on something that isn’t working. That you learn to let it go. It’s an interesting point. If something isn’t working, then why keep doing it?