Young Entrepreneurs: How-to-Overcome-your-First-Failure

By Martin Zwilling | June 4th, 2012

People who are afraid of failing shouldn’t become entrepreneurs.

The reason? In a certain sense, entrepreneurship is all about pushing your limits and taking risks. So a degree of failure should be expected — and, in my opinion, worn like a badge of honor. It would stand for bravery — or at least mark the psychological feat of overcoming your fears.

It would also send the message that even though you’ve failed, you’ve likely learned a valuable lesson. According to investors I know, young entrepreneurs who have failed at least once are more likely to get funding from them, compared to entrepreneurs with a perfect track record. Investors know that founders often learn more from a failure than they do from a success, so don’t be so quick to delete a failure from your bio.

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