The Alamo and David Hasselhoff
Brad was preaching to the choir last night when he shared how he evaluates entrepreneurs’ past failures. He made a key distinction between the fact of failure and its underlying causes. I’m paraphrasing, but the gist was: if you failed because you couldn’t build a credible product or made weak hiring choices, investors will judge you accordingly. However, if you executed well, but just never found the right market, there is no stigma from investors.
I’d like to add one more layer- even if you dropped the ball, made poor hiring choices, etc…anything short of obvious malfeasance or just plain stupidity is recoverable. If you are honest about the mistakes you made and thoughtful about the lessons learned, this is the country of Rocky, the Alamo, and David Hasselhoff. We give second, third, and fourth chances out like party favors…
So let’s hear your stories. Take a minute to write a paragraph about one of your failures and share them with fellow members by sending them to: foundersatfail[a t] gmail [d ot) com
The most compelling lesson learned will win TWO free tickets to our next meetup with James Altucher on June 13th.
REMINDER our next meetup is with: James Altucher (founder of Reset & StockPickr)
WHEN:
June 13th 6:30PM
WHERE:
General Assembly
902 Broadway
4th Floor
To RSVP you MUST purchase a ticket:
