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Everyone has heard the statistic that 9 out of 10 businesses fail. What a horrible statistic! That's a 90% failure rate! But wait - what if we looked at it this way:
All you need to do is fail 9 small times to get to the one giant success.
OK, so that may be over-simplifying things a bit. No one wants to fail, failure is painful. Emotional pain, financial hardship etc etc. When you listen to most successful businessmen you hear one common thread: yes, they are successful today beyond what they could even imagine when they started, but they have a trail of financial messes and failed start ups behind them. Perhaps it has happened, but I would venture that it is *very* rare for someone to succeed in business their first time.
Let me ask you a question: would you rather have (relatively) small failures in your story-line yet one day be wildly successful? Or would you rather avoid the failures and live small your whole life, no failures to have to re-live and no successes to enjoy?
Image courtesy How to Bankrupt a Start up
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