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Sunday, March 22, 2009

Failure is just part of the path to success

But it is not the rule ...

Not all failures are equal, explains William H. Davidow, a founding partner in the venture capital firm Mohr Davidow Ventures. A company might fail because its timing was bad or because the entrepreneur was a poor manager. Mr. Davidow, who says he would have expected “a higher follow-on success rate for the failed entrepreneurs,” says that an entrepreneur who has failed in a previous venture “would get in the door to talk to me” about a new idea. But, he adds, “I would want to know why that last deal failed, and what the person learned from it.”


More in excellent article Try, Try Again, or Maybe Not.

P.S. Try ... Fail ... (or not) ... and Start-up again ...
:-)

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