Confronting failure as a core life skill
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Confronting failure as a core life skill
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Re: Confronting failure as a core life skill
#2Re: Confronting failure as a core life skill
#3I’m going to be equally honest. How does it make sense on a base-of-system level? What were 130 people doing? What could the technology possibly have been to enable therapy for autistic children? What mistakes could you have made in such a situation, with what possible consequences? For who, the children or the technology?
Re: Confronting failure as a core life skill
#4Re: Confronting failure as a core life skill
#5Re: Confronting failure as a core life skill
#6I wish I could be more honest with my failures, but people have abused my trust so many times I have lost count. at some point you just have to cut your losses and keep it to yourself, or to a few select few.
That team was no better/worse at failure than anyone else, but apparently non-engineers can’t be bothered with the truth of humans: we’re failure machines looking for the right answers because we just can’t know everything.
Re: Confronting failure as a core life skill
#7“We were a tech-enabled therapy platform for children with autism. I recently decided to stop working on it, we sold part of the company, and I shut the rest down. It was a wild ride: we were sued, we raised millions of dollars, hired over 130 people, and I made tons of mistakes.” I’m going to be equally honest. How does it make sense on a base-of-system level? What were 130 people doing? What could the technology po…
Re: Confronting failure as a core life skill
#8> Surprisingly, my new friends don’t focus on our failures. They are simply curious about the details of the adventure.
That's too bad.
Here's as an actual core life skill when it comes to failure: you want to stack as many failures into as few attempts as you possibly can. Save yourself the trouble and the time. Even if someone tells you about how they failed, and you listen, you are still at high risk of making the same failures, because you truly don't know any better.
I'm sure there is lots he learned in the four years but this post doesn't really talk about that, so I'm not sure if he quite confronted it yet, nor developed it as a core life skill.
Re: Confronting failure as a core life skill
#9About how grappling with and learning from failure starts with the language we use around it.
Re: Confronting failure as a core life skill
#10If you start businesses, you will fail. Fact of life. Happened to me many times. You know what investors like to back? Second and third time founders - “serial entrepreneurs”. Backing a 20 year old college dropout with a few million bucks is a down payment on the future because they will inevitably fuck it up, but 10 years from now if they are still in the game and failed a couple times they will take your check and the odds of failure have gone down significantly.
With the market the way it is right now, many entrepreneurs (and their employees) reading are likely staring down the barrel of failure. Bite the bullet and move on because no one wants your zombie company with a too-high valuation that’s going to putter along for 2 more years and collapse anyway or get acquihired. Just restart with a clean cap table and a more cost efficient idea.