Here’s Why Entrepreneurs Need to Chill Out and Embrace Failure

You need to learn from your missteps by keeping emotions in check

Photo by chuttersnap on Unsplash

What Happens When Failures Pile Up?

The researchers surveyed entrepreneurs in the IT space in the United States and Finland. When they crunched and analyzed the numbers, they came up with an inverted U-shape. With low failure velocity, entrepreneurs remained complacent and lacked motivation to continue learning. With high failure velocity, the entrepreneurs were too distracted by negative emotions. There was a sweet spot, with just enough of an edge to keep the entrepreneur hungry to harvest and incorporate new insights.

I write about new management ideas. And other stuff. Author of Where Is Here: Canada’s Maps and the Stories They Tell.

I write about new management ideas. And other stuff. Author of Where Is Here: Canada’s Maps and the Stories They Tell.