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How crushing was the miserable failure? (and I assume it was before the success).
by michaelneale 19y ago
How crushing was the miserable failure? (and I assume it was before the success).
- mixmax 19y agoYes it was. Pretty crushing actually. The thing is that you get into it expecting it to be a huge success, and if you are a good entrepreneur you really do have to believe it. Otherwise it won't work. You have to invest in it emotionally. When things start to go wrong you just won't admit it, and think that it must be the market, the customers, the investors. Anything... The thing is that the line between failure and success is a very fine one, and it is hard to tell which side you are on. Basically you don't know until you either failed, or succeded. Eventually you have to realise you failed, give up your baby and move on. But it is really really hard because you invested so much in it emotionally, told your friends and family about it, convinced yourself that this would make you rich and famous, and all that. I don't think you can really prepare well for it though.
- TheTarquin 19y agoWow, that's a bracing bit of honesty. Speaking as someone who is just at the starting stages of trying to make a go at their first entrepreneurial endeavor, I suppose it's good, if a touch disheartening to hear about what it's like to fail. Of course I'm not going fail. My plan is perfect. Right? Right?! Crickets
- michaelneale 19y agowell you have to think like that !
- TheTarquin 19y agoSo far so good on that front. Thanks for the advice. :-)
- michaelneale 19y agoI guess I can kind of empathise with the feeling, but not really. I have found I can get past failure easier if there is less of a physical reminder of it - but was it crushing financially? did you loose anything that made you think that you couldn't go through it again?