The Lazy Myth of Startup Failure
Experienced Entrepreneurs Are Prepared To Fail. Here’s Why.
Most startups don’t fail with a bang, they fail with the quiet optimism of a single desperate decision.
In hindsight, you can always walk your way back to the moment when everything started to go wrong. But as it’s happening, it’s a lot harder to truly feel the weight of every decision on a daily basis. Only with experience do you start to get a sense of when the choice you’re about to make could eventually wreck the company.
But here’s where the failure myth unravels. In a lot of cases, even those experienced founders will choose the failure option anyway. Because one of the great Catch-22s of startup is that in order to succeed, you need to embrace the options that could doom you.
I’ve been thinking about failure a lot lately. In the current economic climate, most of my inbound from working entrepreneurs is about avoiding failure rather than chasing success.
It shouldn’t be that way. Most entrepreneurs do what they do because they love what they do. And If you truly love what you do, failure isn’t failure until you give up. So in order to debunk the myth of failure, you first have to understand why you love what you do.
