SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina and Middle East
Filter PR by
Herbalife Nutrition Survey: 90 Percent of Respondents Said "People Who Want to Be Successful, Can't Be Afraid to Make Mistakes"
KUALA LUMPUR, MALAYSIA - Media OutReach - 30 June 2022 - Herbalife Nutrition, a premier global nutrition company, has released the results of its 2022 Asia Pacific entrepreneur survey. Overwhelmingly, respondents agreed that a secret to success is resiliency and the ability to seize opportunities to learn and improve. The key findings showed that 90 percent of respondents said, 'people who want to be successful, can't be afraid to make mistakes,' and 87 percent don't believe they'd be where they are today if they stopped trying after making a mistake.

2022-APAC-Entrepreneur.jpg

Herbalife Nutrition's fourth annual survey aimed to examine entrepreneurship trends and attitudes towards resiliency among 4,002 small business owners and employees. It was conducted by One Poll in Australia, Indonesia, Korea, Malaysia, Philippines, Taiwan, Thailand, and Vietnam, with respondents ranging from Generation Z to the Boomer generation.

'As a nutrition and lifestyle company rooted in entrepreneurship, we are committed to nurturing the entrepreneurial spirit and sharing our knowledge with aspiring business owners in the region,' said Stephen Conchie, Senior Vice President and Managing Director, Herbalife Nutrition, Asia Pacific and China.

'The survey provides insights and key learnings to entrepreneurial life as individuals consider starting their own business, and existing business owners seek to improve their game. This year's survey findings align with what we have heard consistently from our distributors—that good business fundamentals, the willingness to ask for help, and surrounding ourselves with a supportive community, are essential drivers of success,' said Conchie.

The age group insights revealed that Millennials and Gen Zs ranked highest for being able to define one own's success as the top reason to open their own business. They also had the strongest belief that to be successful, one could not be afraid to fail and make mistakes. Millennials were also the most likely to list lessons learnt from mistakes compared to other age groups.

Overall, the small business owner respondents reported experiencing an average of two unsuccessful ideas before finding one that worked. Among the nine out of 10 respondents who agreed that 'to be successful, you can't be afraid to fail and make mistakes', the highest numbers were from Indonesia and the Philippines, and lowest in Korea and Taiwan.

The survey uncovered advice that small business owners would give to new entrepreneurs including:

  • Make a business plan (46%)
  • Ask for help when needed (34%)
  • Get organized (32%)
  • Find a mentor go help guide you (30%)
  • Surround yourself with people who have stronger skillsets in different areas than you (27%)

Also, according to the respondents, the top lessons learned from mistakes included:

  • Learned how to be more productive (40%)
  • How to better deal with customers (36%)
  • Picked up a better understanding of the big picture (34%)
  • How to build trust and be authentic (32%)
  • Developed a willingness to learn best practices and innovate with continued education (30%)

For more information about the survey or tips for entrepreneurs, visit www.IamHerbalifeNutrition.com.

About Herbalife Nutrition Ltd.

Herbalife Nutrition (NYSE: HLF) is a global company that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in 95 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company's commitment to nourish people, communities and planet, Herbalife Nutrition pledges to achieve 50 million positive impacts – tangible acts of good – by 2030, its 50th anniversary.

#HerbalifeNutrition

The issuer is solely responsible for the content of this announcement.

Herbalife Nutrition

Posted by : Media Outreach, Jenny
Posted on : Thursday, June 30, 2022  11:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Media OutReach

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
My Summer Story with Pandora [9226-Views]
Disney X Pandora: Born to Stand Out [7467-Views]
LG Releases Preliminary Earnings for Second-Quarter 2022 [4668-Views]
Ogilvy Promotes Elaine Grell to Chief People Officer across EMEA [4201-Views]
Mehmet Tevfik Nane New Chair of the IATA Board [3990-Views]
An Icon in Solid Gold [3952-Views]
Aviation Leaders Assemble in Doha for IATA's 78th AGM [2981-Views]
Travel Recovery Rebuilding Airline Profitability -Resilient Industry Cuts Losses to $9.7 billion [2767-Views]
Wizz Air Introduces New Routes to the Kingdom of Saudi Arabia from Europe and the UAE [2363-Views]
World's First True Eco Lash Brand, Eyecha, Announces Further International Expansion into KSA and Ku... [2315-Views]
Emirates Publishers Association Showcases 283 Titles at Al Madinah Al Munawwarah Book Fair in Saudi ... [2139-Views]
SCCI Kicks Off its Gulf Tour from Riyadh to Promote Sharjah Excellence Award [1910-Views]
NLT Establishes #1 Turnkey Trucking Program With Proven Success For Investors [1831-Views]
Watch How a Saudi Virtual Hospital Operates Remotely on Stroke Patients [1311-Views]
Arabian Centres Furthers Progress of Pioneering Retail Projects Jawharat Al-Riyadh and Jawharat Jedd... [1213-Views]
MENA ISC 2022 to Spotlight Risks of Cyberattacks on Critical Network Infrastructure: IT, OT, and IoT [1193-Views]
LG Provides Unique Immersive Shopping Experience with Its Brand New Virtual KSA Brand Shop [1177-Views]
Mena CSR Report 2021: UAE, KSA Retain Regional CSR Leadership [1122-Views]
Disney+ Available on Compatible LG TVs in the Kingdom of Saudi Arabia [1094-Views]
Joud Lounge Opens at Al Faisaliah, Riyadh [1067-Views]
 
RSS Facebook Twitter LinkedDin SaudiArabiaPR.com on Instagram
 
Top Sections
 
Top Stories