Entrepreneurship is risky. The thing is that entrepreneurs know their risk and develop plans to manage it. Still, you’re never really sure your idea will work till you get into the market and that may take months and $ millions.
It is said that in Silicon Valley, an entrepreneur is not fundable until he or she has had at least one spectacular failure under the belt. What that means is that investors want you to learn on somebody else’s nickel. But learn you must.
They say the average entrepreneur faces failure two to three times before they find a hit. In the world of baseball batting, that’s pretty good odds.
A teacher in an electronics class said, “If your project works the first time when you finish, you haven’t learned anything.” Learning comes from figuring out what went wrong and correcting it.
Just remember, you’re not going to starve. Give it a shot.