Tuesday, 7. December 2010

Failing in a startup - not

You often read about failing in a startup and that founders who fail should start again and that failing isn't bad, etc... also you often hear about "pivoting".

This certain paragraph I love:
Have the courage to fail
Failure is a part of anything in life, but having the courage to face it head on is what makes you stronger. We hear so much talk about "it's okay to fail", but I don't think there's enough clarification. You shouldn't let your startup as a whole fail, that's not something you should easily let happen. Startups are really a compilation of many small instances of victories and failures. It's embracing those small instances of failures that will let you learn and adapt better. Think of embracing failure as the entrepreneurial equivalent of an immune system. By embracing failure, you learn what went wrong, what's bad, and how to prevent it from happening again. You build up a resistance to that specific instance of failure.


found http://onstartups.com/tabid/3339/bid/29878/How-To-Become-Legendary-23-Things-Michael-Jordan-Taught-Me-About-Entrepreneurship.aspx
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Jared H. - 9. Dec, 10:52

food for thought

Have recently read the article by Jason Calacanis the founder of Silicon Alley Reporter and Mahalo.com I came across by shared files site. In it, he proclaims that there are 2 types of entrepreneurs in this world: real ones and the folks who play entrepreneurs for some portion of their lives. Been in business 1 1/2 years and it's been a struggle from day one. Glad to know that I'm not alone in the struggle to stay afloat. Spent many hours trying to get my business off the ground and come up with new ideas (no thanks to any bank helping me out). Been there with only having a few nickels to rub together to pay bills and will probably be there again. This article will make me fight a little bit harder !!

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