Failure is a common part of the entrepreneurial journey, writes Kevin Harrington, who has appeared on the TV show "Shark Tank" as an investor. Often, when entrepreneurs fail, it's because try to do everything themselves, set the wrong price for their products or fail to fine-tune their pitches, he notes. "The formula for success is simple: Do. Learn. Do again -- but this time without the same missteps," he writes.

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