4 ms·
Yes this is crucial. If you can’t improve your odds after nine tries then you are doing something very wrong. That does not change the fact that the best thin
by lisper 3y ago
Yes this is crucial. If you can’t improve your odds after nine tries then you are doing something very wrong.
That does not change the fact that the best thing you can do to tilt the odds in your favor is to choose your parents carefully.
- WalterBright 3y agoThe surest way to fail is to blame your parents.
- selcuka 3y ago> The surest way to fail is to blame your parents. You wouldn't be wrong as they have a very strong correlation [1]. [1] https://www.jpost.com/israel-news/parents-income-not-smarts-key-to-entrepreneurship-study-657058 https://www.jpost.com/israel-news/parents-income-not-smarts-...
- giantrobot 3y agoYou can have nine businesses all fail for separate reasons. Learn all you want from each failure but the next business might fail in new and creative ways no matter what lessons you apply from previous failures. The 10% chance to succeed is a combination of lots of factors, many of which are completely out of your control.
- dtdynasty 3y agoI also wonder how many of the failed business in the stats already are an entrepreneurs third or fourth attempt. Some repeated attempts may already be factored into the failure rate!
- nothercastle 3y agoLife is probably too short to start 10 businesses
- lisper 3y agoNot if nine of them fail. Also, Elon Musk has done nine and he is only 52.