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Yes, to get a sense of risk taking, I'd rather hear many stories by risk takers that failed than one story from the guy that succeeded.
by kavalg 2y ago
Yes, to get a sense of risk taking, I'd rather hear many stories by risk takers that failed than one story from the guy that succeeded.
- JohnFen 2y agoI have personally found that success stories aren't that useful to me. Failure stories, on the other hand, are.
- veunes 2y agoIndeed. Learning from failure can sometimes provide more valuable insights than hearing about success alone.
- jasonkester 2y agoThat’s often the same person. I had a dozen failures before I struck on the sass product that retired me in my forties. You try, you learn, you improve, and eventually something might work. Or you don’t try, keep your safe job and work until you’re 70 like everyone else.
- djtango 2y agoThanks for this - I think there's something to also be said about too many people failing once and not trying again. This could be for any number of reasons: 1. burnout 2. life circumstances (dependents like kids, parents or others) 3. time to failure - if you built a company for 9 years, you might have less time and appetite to start again (partly due to 1 and 2) Life is uncertain, many things about our life are probabilistic. Risk management is central to many aspects of life. On HN a prevailing sentiment is on the luck of doing a startup (no doubt you do need luck!!!) but what about the farmer or fisherman? A disease or weather can wipe you out. Or a storm can kill you while you're out at sea.
- JohnFen 2y ago> I think there's something to also be said about too many people failing once and not trying again. Yes! If you're an entrepreneur, short term failure is by far the most likely outcome. Successful entrepreneurs are the ones that keep trying until they finally hit on a success.
- veunes 2y ago> That’s often the same person. It really well said. Without a failures it's hard to appreciate the success
- serced 2y agoInteresting but also scary to go this route. I think part of the problem in Europe is also that companies/governments are less open to just try out new (startup) solutions. I would love to be learn from US startups how they manage to sell without much done already.
- djtango 2y agoEurope also is not a single language territory. China and the US have so much more of an advantage when the TAM for the single spoken language is so massive by default. In Europe you have to navigate a bunch of different languages, cultures and legislations.
- actionfromafar 2y agoI'm not saying this is incorrect, but how and where did you assess this?
- serced 2y agoJust from a qualitative perspective, i.e., personal experience/discussions.