“Creating a healthy ecosystem is about churn. Whether companies grow, fail, leave or succeed is all part of it.” – Scott Case

The fact that somebody took a risk, got funded, hired some people and tried something is a good thing…for everybody.  We need to embrace our innovators and entrepreneurs and celebrate their failures as well as their successes.  A community that tolerates risk attracts more entrepreneurs and better companies.

The supreme challenge is typically not a lack of good ideas nor is it capital.  It’s experienced entrepreneurial talent.  You can’t gain experience without a few mistakes and at least a failure or tow.  That’s when you learn the most.

Churn is good.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s