“Failure is not falling down but refusing to get up.” – Chinese Proverb

Mr. Proverb seems to be a smart guy.

A startup is a lot about failures.  Your success depends on it.  You will find out much more about what doesn’t work than what does and much of that has nothing to do with customers and their needs, (but of course there is that…).

You will run into difficulties with suppliers, partners, and investors.  You will have issues with intellectual property, licensing and other negotiations.  You will have employee issues and you may have to fire key people.  You will face financial pressures and you may have to downsize.  Then there’s the economy and the federal government.

You will fall down a lot but the point is to always get back up skinned knees and all.  We have a nice term for it now.  We call it a “pivot”.  Each pivot makes you smarter and stronger.  Embrace them.

Blogging Gazelle is published daily by Shawn Carson

 

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