Failure

23 October 2009

Dilbert failure 1

There’s a lot of talk about failure and how embracing it is very important for an entrepreneur in order to be successful. I agree. I don’t think though you should wear failure as a badge of honour as some preach. You should fight failure, teeth and nails and avoid it at all cost. But if it comes, accept it as part of the process, part of your path to success. And be careful to look back at the reasons why you failed and learn from them. If you don’t learn from your mistakes, or if you don’t pick yourself up and start again, that is real failure.

I have failed a few times, recently. And certainly I would have not learnt as much as I have without those hard lessons. And those failures keep me more than motivated today. However, had I not failed, I would have been successful. Frankly, I would have preferred that.

Some quotes you may find inspiring:

I have not failed. I’ve just found 10,000 ways that won’t work.  ~Thomas Edison

[...]“failure” is not the falling down, but the staying down.  ~Mary Pickford

There is no failure. Only feedback.  ~Robert Allen

I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed. ~Michael Jordan

Useful links
Failure, a post by Fred Wilson, one of the most authoritative Venture Capitalists and bloggers in the early stage arena.

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