I like the premise of Barbara Weltman’s new book Smooth Failing: learning from failure and mistakes. One problem in the world of entrepreneurship is the way we celebrate successes and hide failures.
Instead of proclaiming that you’re not afraid to fail, it’s important to contemplate challenges you may face, how you will handle them, and what you will do if ultimately you do fail.
An anonymous big-time tech entrepreneur has predicted the demise of his fledgling business, and is blogging the collapse as it happens.
I was recently asked how many startups I’ve founded or co-founded, and after a quick mental walkthrough of all these companies – I arrived at the number 13. Of the 13, the vast majority of my startups “failed” or have yet to succeed by conventional standards; two of them succeeded by these same standards; and [...]
Got your attention, didn’t I? Now I don’t mean what you are thinking; I mean the ‘F’ word FAILURE. Leadership in the workplace has to recognize, embrace and accept failure. Sure, we all want things to go smoothly, but truth is they often don’t and thus it’s no wonder that people see failure as bad, [...]
If you’re a business owner, business manager, or entrepreneur interested in avoiding the simple mistakes you could make with technology in your company, register for Tim Berry’s webinar on Dumb Ways Smart Entrepreneurs Fail in Using Technology. Tim will discuss how even very smart small business owners make dumb mistakes when it comes to implementing [...]
On reflection, I’m glad I can’t guess which company and I assume I don’t know who the CEO was. I ‘m very impressed by Rand Fishkin’s A Cautionary Tale from the Startup World posted on his blog over the weekend. First, because the story echoes one of my top 10 planning mistakes. Second, because because [...]
A line from Bob Dylan’s Love Minus Zero–No Limit: She knows there’s no success like failure, and failure’s no success at all. Once upon a time at a venture competition, the evening before the event, there was a judges’ meeting in which we all introduced ourselves to each other. You can guess most of our [...]
My sister-in-law is due for some very specialized heart surgery. She has to travel from Hawaii to Los Angeles for the procedure. For several weeks she was emailing the surgeon’s office, trying to confirm the day and time of her procedure, pre-op appointments, preparatory instructions and the like. Irritatingly, the surgeon’s office never replied. Finally, [...]
I want to recommend storing this somewhere for future reference when people fall into the trap of overemphasizing the idea in the success of the venture. Last week Business Insider published 10 huge business successes born from early failures. In my experience, these aren’t exceptions to the rule, they are the rule. Oh, and the [...]