brad over at Feld's Thoughts had some interesting ideas to share recently about everybody's favorite topic: failure. More specifically, he looked at how failure impacted the entrepreneurial spirit.

Give me the experienced entrepreneur whose last company was a failure 100% of the time. The cliche "you learn more from failure than success holds true", but more importantly the dude that just came off a failure and is ready to go again is super-extraordinary-amazingly hungry for a success...

Amen.

Brad references a recent interview of Mark Pincus. Pincus adds a little insight to the issue by concluding that if you're going to fail, you should fail fast. I thought that was an interesting take on the topic. But I know it's true. Dragging it out is a waste of time and money.

The truth is that good entrepreneurs are good at starting over. And failure often tells you more about the size of the challenge someone was willing to conffront than it does about their quality as an entrepreneur.


© Joi