The facts are that nine out of ten startup adventures will fail. That is something that is so sure that you can write your startup post-mortem before you launch your new business. If you are an entrepreneur, exploring your options in a startup, you need to know the facts. Here are 3 things that a successful startup gets right.
Anyone who is reasonably successful understand that failure is a good thing. The problem is that from time to time, an entrepreneur's failure goes from being a learning experience to an act that truly harms. Check out the list of the top ten worst entrepreneurs of 2016 in an article recently published for Entrepreneur magazine.
The fear of failure. It is a disease that cripples otherwise successful people and destroys innovation, creativity and growth. That fear can also permeate an organization to the core. Failure elicits feelings such as anger, frustration, and confusion that, while unpleasant, are usually not sufficient to trigger a full-blown fear of failure.