Resilience is the first-time entrepreneur’s worst nightmare. At the start of a business venture, there is always the need to correct things and develop the ability to withstand failures and disappointments and bounce back. Resilience is also the quality of being able to adapt to stressful life changes in business processes, withstanding the tragedy of financial loss, the crisis of management, or other life-altering changes that allow the enterprise to move on despite the failures. 

Showing resilience in a business venture does not mean that the entrepreneur is unaffected or uncaring about the failure of the enterprise, but it depicts the mind’s ability to suffer and grow from it. Similarly, resilience does not mean that the enterprise will not experience financial stress, emotional upheaval among workers, and shortcomings in the achievement of set goals, but it implies that the entrepreneur can peacefully work through the emotional pain and suffering that business failure presents. Resilience comes from the lessons and skills the entrepreneurs absorb as the business grows up to maturity.

Entrepreneurs that who make mistakes must learn to either pick themselves up and start again, and apply what they learned from those mistakes, or roll over and give up. Learning how to bounce back from failure is a vital skill for survival of a business venture. Entrepreneurs should learn to develop a thicker skin as they accept mistakes and failures as growth tools and normal life processes. Knowing how to overcome the obstacles blocking them from their goals enables them to learn to rely on their inner strengths and skills to get them through challenging situations. 

Early in Nigeria,  the cultural and creative industries were not doing well, but recently it has generated considerable economic wealth for the nation because of the resilience of the practitioner, actors, comedians and musicians. Young entrepreneurs in this sector ranked first among those who want to start a new business in Nigeria, but there is a higher rate of established and mature companies adults. This scenario means that nascent entrepreneurs face higher barriers in different because they need more access to information, knowledge, training, or peer-to-peer support networks. Success stories of young entrepreneurs in the creative sector have raised awareness among policymakers to empower youth-led initiatives that produced the support needed to build COVID-19 resilience. Resilience is an invaluable skill throughout the stages of business growth to maturity. Learning resilience will enable entrepreneurs to be undeterred from their visions and mission, regardless of the opposition. 

 In conclusion, becoming more resilient takes time and practice. It involves learning the skills of strong inner conviction, patience, endurance, hope, courage and charity. Mastery of soft skills helps the entrepreneur develop inner peace that sustains the stability of the business and the mental health of the entrepreneur. Choosing to trust in the business conviction, faith, hope and love for quality delivery, rather than rely on what they feel is the best way to stay resilient.