I agree that success and failure are both inevitable and part of a symbiotic process of progress, but as far as the individual entrepreneur is concerned, failure doesn't need to be an option. I've met way too many entrepreneurs in the city who crash hard and then boast about it as if they're some kind of sexy daredevil living on the edge. It's not healthy. Let's stop glamorizing failure.
"failure doesn't need to be an option"
You can't mitigate against failure completely, especially if you're gambling big.
Infact I'd argue that PayPal has failed as it is has not replaced banking to the levels it was initially envisaged. If anything, it's relevance today is being eclipsed by other technologies, easier payment by actual banks for one thing.
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I agree that success and failure are both inevitable and part of a symbiotic process of progress, but as far as the individual entrepreneur is concerned, failure doesn't need to be an option. I've met way too many entrepreneurs in the city who crash hard and then boast about it as if they're some kind of sexy daredevil living on the edge. It's not healthy. Let's stop glamorizing failure.
Infact I'd argue that PayPal has failed as it is has not replaced banking to the levels it was initially envisaged. If anything, it's relevance today is being eclipsed by other technologies, easier payment by actual banks for one thing.