Bill Gates is quoted as saying, “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”
In the article, “Four Ways to Bounce Back from a Startup Failure,” author Toby Nwazor shares important tips for founders based on research and the experience of some of the leading entrepreneurs in the world. The four tenants for how to deal with failure seem straightforward:
In the article, “Four Ways to Bounce Back from a Startup Failure,” author Toby Nwazor shares important tips for founders based on research and the experience of some of the leading entrepreneurs in the world. The four tenants for how to deal with failure seem straightforward:
- do what you love;
- fix what is not working;
- create opportunities; and
- stay tenacious to the end.
Nevertheless, no entrepreneur wants their dream to fail. The reality is that a failure can knock one off course. Uber VP of Corporate Development Cameron Poetzscher stresses how important it is, to be honest with oneself and to use each mistake as a building block for improvement.