How can I fail?

I speak from the experience of founding and financing around 12 startup ideas. I also speak form the experience of being part of events where I have heard more than 100 startup pitch presentations. I also speak from the experience of knowing personally few of the biggest and most important investors in Romania.

Any startup begins from an idea, an identified need, optimism of the founders, the energy of the new formed team, dreams and fear mixed.

I have noticed that there is a lot of talking in the startup literature about FAIL but in reality I have never seen a startup team to have a meeting and analyse, decide and measure how can they fail?

The enthusiasm and wishful thinking battery is strong and will push the startup machine a lot past the fail point if you let it, but it's just wasted energy.

One advice that I am now applying is to ask ourselves How can we fail, really answer the question and then have this in mind and work on protecting us from failure.

I hope it helps somebody to save energy!

#code932 #startups #digitalracer #howcanifail