Ask How transparent should entrepreneur members be about revenues and failures?

[guliraʼno]

There are some members of the platform that do not really like their affairs to be discussed on the platform. They keep the activities as personal as it is. Other will rather say it out, get criticised where is it necessary, and then get more motivation. They can as well share to get motivated.

Either way is what is allowed on BMF entrepreneur membership platform. Members can decide to share, and others may decide not to.

Which category are you?

 

[Dean101]

With your team and close partners, it's usually better to be pretty open. If things are going well, everyone stays motivated, and if things are going badly, you can fix them faster together. Investors also need the real picture so they know what they're getting into. But when it comes to the public or competitors, you've got to be a bit careful. Sharing every number or mistake isn't always smart because it can hurt your business or get taken the wrong way. The best middle ground is being real about what you're learning and the general direction of the business, without oversharing sensitive details.