Why Innovators Need a Word other than Failure
January 9, 2014 By Jeffrey Phillips
ABSTRACT:
...we risk creating what I'll call the Failure Fetish, the belief that we MUST fail in order to succeed in the future. Further, we risk creating a High Church of Failure, demanding that individuals and companies risk far too much and learn far too little. Today's story featured a serial entrepreneur with a PhD in vision sciences who has had two entrepreneurial efforts end prematurely. She is a 40 something mom with teenagers, a lot of debt and is considering mortgaging her house to try again. Entrepreneurs and innovators need to be single minded and risk averse, but they also need a rational outlook and a life!
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