what 33 successful entrepreneurs learned from failure

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Entrepreneurs encounter failure often. Successful entrepreneurs overcome failure and emerge wiser. We've taken 33 lessons about failure from Brian Honigman's article "33 Entrepreneurs Share Their Biggest Lessons Learned from Failure", illustrated them with statistics and a little story about entrepreneurship... in space!

TRANSCRIPT

Learned From Dealing with failure

Successful Entrepreneurs

WHATPRESENTS

PART I:Gettingstarted

Success isn't necessarily found by being an employee.

Leo Widrich co-founder & COO, Buffer.

Success isn't necessarily found by being an employee.

Leo Widrich co-founder & COO, Buffer.

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The key lesson for me, was that you might not get a job, but that doesn't mean there aren't some great things you can still go out and do.

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Success isn't necessarily found by being an employee.

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Gallup, Tom Rath and Donald Clifton, How Full Is Your Bucket? Positive Strategies for Work and Life, 2001

Think simple from the start.

Neil Patel Investor, advisor, blogger. Started CrazyEgg and KISSmetrics

Think simple from the start.

Neil Patel Investor, advisor, blogger. Started CrazyEgg and KISSmetrics

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By making your product really easy to use you are more likely to succeed.

The stability of your career is under your control.

Kristi Hines freelance writer, ghostwriter and professional blogger, Kristi Hines Media.

The stability of your career is under your control.

Kristi Hines freelance writer, ghostwriter and professional blogger, Kristi Hines Media.

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Kristi Hines freelance writer, ghostwriter and professional blogger, Kristi Hines Media.

The stability of your career is under your control.

http://www.forbes.com/sites/jasonnazar/2013/09/09/16-surprising-statistics-about-small-businesses/

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/%*�!�0$!�ĂĀĀĊ� +3*01.*ċ

Tune out the noise and find your instinct.

Caroline Ghosn co-founder & CEO, Levo League

Tune out the noise and find your instinct.

Caroline Ghosn co-founder & CEO, Levo League

Trust your instinct. And if you can't tell what your instinct is telling you, learn how to peel back the noise in your life that is keeping you from hearing it.

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A successful business requires 100% attention, everything else is a distraction.

Jayson DeMers Founder & CEO, Audiencebloom

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Jayson DeMers Founder & CEO, Audiencebloom

A successful business requires 100% attention, everything else is a distraction.

Jayson DeMers Founder & CEO, Audiencebloom

CONTINUeD ->

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A successful business requires 100% attention, everything else is a distraction.

Jayson DeMers Founder & CEO, Audiencebloom

PART II:

BUILDING YOUR TEAM

Finding success is much easier as a team.

Shane Snow Co-Founder, Contently

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Finding success is much easier as a team.

Shane Snow Co-Founder, Contently

The quality of your team will make or break you.

Kiran Bellubbi Founder & CEO, Applauze

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Success is contingent on teams that are persistent, trust each other and learn from their failures.

The quality of your team will make or break you.

Kiran Bellubbi Founder & CEO, Applauze

Kiran Bellubbi Founder & CEO, Applauze

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The quality of your team will make or break you.

Kiran Bellubbi Founder & CEO, Applauze

Iterate for different learning styles across your company.

Jonathan Franchell Founder & Principal, ironpaper

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Jonathan Franchell Founder & Principal, ironpaper

Iterate for different learning styles across your company.

Jonathan Franchell Founder & Principal, ironpaper

CONTINUeD ->

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Iterate for different learning styles across your company.

Jonathan Franchell Founder & Principal, ironpaper

Disagreement and conflict are healthy.

Rand Fishkin Co-Founder, Moz & Inbound.org

Disagreement and conflict are healthy.

Rand Fishkin Co-Founder, Moz & Inbound.org

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��%(1.!�ġ���2!.5�$�./$�"�%(1.!�ġ�0�1#$0�)!�0$�0�you cannot surround yourself with "yes )!*Ŏ�Ĩ+.�Ŏ5!/�3+)!*Ŏĩċ��%/�#.!!)!*0��* ��+*ý%�0��.!�$!�(0$5ċ��$!5��.!�0!�/0.+*#!.Č�better decisions, and more exploration of the risks and opportunities.

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Rand Fishkin Co-Founder, Moz & Inbound.org

Disagreement and conflict are healthy.

http://www.ted.com/talks/margaret_heffernan_dare_to_disagree.html

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�+*ý%�0�0$�0�3+1( �!*/1!ċ

Don't fail alone, find talented rockstars.

Sandi Krakowski PresidenT & Founder, A real Change international inc & sandpaper tablet INC

Don't fail alone, find talented rockstars.

Sandi Krakowski PresidenT & Founder, A real Change international inc & sandpaper tablet INC

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PART III:FINDING YOUR

DIRECTION

Agree upon the direction of your company from the beginning with key stakeholders.

Evan White PresidenT, Evan White PR

ǫ!�/1.!�5+1ŏ.!�(%*! �1,�3%0$��((�0$!�+0$!.��+ġ"+1* !./��!"+.!�5+1�&1),�%*0+�0$!� !!,�!* ċ

*�,�/0�.+(!/�+"�)%*!Č�0++�+"0!*� % �,!+,(!�$�2!� %û!.!*0�% !�/�on where they saw the trajectory of the company going, and if you're not on the same page it might not end as well as you had hoped for.

Agree upon the direction of your company from the beginning with key stakeholders.

Evan White PresidenT, Evan White PR

Avoid a Field of Dreams mentality.

Melisa Singh Founder, Storyshelter

�$!*�3!��!(%!2!�3$+(!$!�.0! (5�0$�0�+1.�,.+ 1�0�%/�#+%*#�0+�)!!0���)�&+.�*!! Č���/! �+*�,!./+*�(�!4,!.%!*�!Č�3!��2+% �0�'%*#�0$!�*!�!//�.5�/0!,/�0+� +�0$+.+1#$�)�.'!0�.!/!�.�$�0+��*�(56!�3$!0$!.�+.�*+0�+1.� .!�)�/$+1( ��!�+)!�.!�(%05ċ

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Melisa Singh Founder, Storyshelter

Avoid a Field of Dreams mentality.

Melisa Singh Founder, Storyshelter

CONTINUeD ->

�!�'*!3�,!+,(!�3�*0! ��+),10!./��10�3!.!�".1/0.�0! ��5�$+3� %þ�1(0�0$!5�3!.!�0+�1/!ċ��!���)!�0+�0$%/�1* !./0�* %*#��5�,�5%*#��00!*0%+*�0+��+*/1)!.��!$�2%+.�.�0$!.�0$�*��/'%*#�0$!�Ŏ3$�0� +�5+1�3�*0Ŏ�-1!/0%+*ċ

�$!.!�%/����%#� %û!.!*�!��!03!!*��1%( %*#�,.+ 1�0�3!��//1)!�,!+,(!�*!! �and being in tune with what our customers may actually desireČ�!2!*�%"�0$!5� +*ŏ0�'*+3�%0ċ

Avoid a Field of Dreams mentality.

Melisa Singh Founder, Storyshelter

Your company's focus comes with trial and error.

Dan Greenberg Co-founder & CEO, Sharethrough

�*!�+"�)5��%##!/0�(!//+*/�%*��1%( %*#����1/%*!//���)!�%*�0$!�ü./0�5!�.�+"��$�.!0$.+1#$�ġġ��(!�.*! �0$�0�5+1���*ŏ0��1%( ����1/%*!//�3%0$�03+��!*0!./�+"�#.�2%05ċ

�+1.��!*0!.�+"�#.�2%05�%/*ŏ0�5+1.�,.+ 1�0Č�+.�5+1.��1/0+)!./Č�+.�5+1.�)�.'!0ċ���0$!.Č�5+1.�0.1!��!*0!.�+"�#.�2%05�%/�/+)!3$!.!��0�0$!�%*0!./!�0%+*�+"�3$�0�5+1ŏ.!�,�//%+*�0!���+10�Ő�3$�0�,.+�(!)�5+1�3�*0�0+�/+(2!�Ő�3$5�0$�0�,.+�(!)�)�00!./ċ

�+.��$�.!0$.+1#$�0+ �5Č�+1.��!*0!.�+"�#.�2%05�%/�0+�)+*!0%6!�0$!�)+ !.*�%*0!.*!0�3%0$�)!�*%*#"1(��+*0!*0Č��!5+* �+�*+4%+1/�� /ċ��!��!(%!2!�0$�0�� 2!.0%/%*#���*��!�$%#$�-1�(%05��* �2�(1��(!�0+�0$!�1/!.�3$+�/!!/�%0Č�0$�0�� /���*��!��(!�*Č��* �3!((ġ%*0!#.�0! �0+�0$!�/%0!�0$!5�(%2!�+*ċ

*�0$!�!�.(5� �5/�+"��$�.!0$.+1#$Č�3!� % *ŏ0�$�2!�0$�0��(�.%05�+"�"+�1/Č��* �%0�0++'�1/���"!3�5!�./�0+�(!�.*�0$�0�(!//+*ċ

Your company's focus comes with trial and error.

Dan Greenberg Co-founder & CEO, Sharethrough

Pay attention to your customers first.

Jon Beekman founder & CEO, Man Crates

�$+1#$�)5�,.!2%+1/��+),�*5�3�/�1(0%)�0!(5���"�%(1.!Č�%0�0�1#$0�)!���2!.5�2�(1��(!�(!//+*č��!�)�*%���((5�"+�1/! �+*�5+1.��1/0+)!./ċ

�!�$� ���#.!�0�% !���* �0$!�/)�.0!/0�0!�$�0!�)Č��10�3!�"!((�%*�(+2!�3%0$�+1.�0!�$*+(+#5��* �+1.��+*�!,0�+"�3$�0�0$!��1/0+)!.�3�*0! Č�.�0$!.�0$�*���01�((5�0�('%*#�0+��+*/1)!./�0+�$!�.�0$!%.�"!! ���'� %.!�0(5ċ

�$!*�3!� % �ü*�((5�$!�.��1/0+)!.�"!! ���'Č�3!�3!.!�0++�"�.� +3*�0$!�.+� �0+��$�*#!�+1.�% !���* �0$!��+),�*5�"�%(! ċ

�%0$� �*�ƫ.�0!/Č�I treat customers as co-creators helping to direct the company. �$%/��1/0+)!.�"!! ���'�(++,�%/����+.!�,�.0�+"�+1.���Ƶ�ġġ�%0ŏ/�,�.0�+"�3$+�3!��.!��/����+),�*5ċ�0�3�/��*�!4,!*/%2!�(!//+*Č��10���,.%�!(!//�+*!�%*�)5�!4,!.%!*�!ċ

Pay attention to your customers first.

Jon Beekman founder & CEO, Man Crates

Jon Beekman founder & CEO, Man Crates

0�%/�ćġĈ�0%)!/�)+.!��+/0(5�0+��00.��0���*!3��1/0+)!.�0$�*�%0�%/�0+�.!0�%*��*�!4%/0%*#��1/0+)!.

Pay attention to your customers first.

White House Office of Consumer Affairs

Try to be incredible at one thing.

Brian Wallace President, NowSourcing.

�+1ŏ.!�#+%*#�0+��!�,.!005�#++ ��0���(+0�+"�0$%*#/ċ��*�!�5+1�ü* �/+)!0$%*#�5+1�(+2!��* ���*�/��(!�5+1.��1/%*!//�0+Č�5+1ŏ2!�"+1* �%0ċ

�+.�1/Č�%0�3�/�%*"+#.�,$%�/ċ��!� % *ŏ0�#!0�0$!.!�+2!.*%#$0��* �%0�3�/��� !0!.)%*�0%+*��"0!.�"+( %*#�%*���"!3�/,!�%�(0%!/�%*0+�/+)!0$%*#�#.!�0ċ

Try to be incredible at one thing.

Brian Wallace President, NowSourcing.

PART IV:GAINING

TRACTION

Push new ideas and projects forward.

Neal Schaffer Social business coach, consultant, trainer, speaker, author of “Maximize your social”

Neal Schaffer Social business coach, consultant, trainer, speaker, author of “Maximize your social”

Push new ideas and projects forward.

Neal Schaffer Social business coach, consultant, trainer, speaker, author of “Maximize your social”

Ƶ/�!*0.!,.!*!1./Č�+1.�(%"!���*�/+)!0%)!/�/!!)�(%'!�%0�%/�"1((�+"�"�%(1.!/��!��1/!�+"�0$!��+*/0�*0�*!! �0+�!4,!.%)!*0��* � +�*!3�0$%*#/�3%0$+10�"!�.�+"�"�%(%*#ċ��$�0�%/�%),+.0�*0Č�0$+1#$Č�%/�0$�0�3!�(!�.*�".+)�+1.�"�%(1.!/ċ� 5�"�%(1.!�$�/��!!*Č��* �%*�/+)!�3�5/��+*0%*1!/�0+��!Č�0$!�"�%(1.!�0+�"+�1/ċ��!0�)!�!4,(�%*ċ

�!��((��+)!�1,�3%0$�% !�/�+*���*!3��1/%*!//�+.���*!3�,.+ 1�0��* �*!! �0+�!4!�10!�%*�0$!�.%#$0�0%)!�%*�0$!�.%#$0�3�5ċ��$!�,.+�(!)�%/�0$�0�3!��(/+�$�2!�Ŏ(!#��5Ŏ��1/%*!//Č�.!(�0%+*/$%,/Č�+.�%*0!.��0%+*/�0$�0�/+)!0%)!/�'!!,�1/��3�5�".+)�"+�1/%*#�+*� +%*#�0$!�.%#$0�0$%*#/�0+�,1/$�*!3�% !�/��* �,.+&!�0/�"+.3�. ċ

CONTINUeD ->

Push new ideas and projects forward.

Neal Schaffer Social business coach, consultant, trainer, speaker, author of “Maximize your social”

�+)!0%)!/�%0�)!�*/�/%),(5�01.*%*#� +3*�0$%*#/�0$�0�3!�1/! �0+����!,0�+.� !�% %*#�0+�/%),(5�1*,(1#�".+)�+0$!.���0%2%0%!/ċ�ǫ10�0$!�)!//�#!�%/��(!�.č��%0$+10��(!�.��* � ! %��0! �"+�1/Č�3$�0!2!.�5+1�3�*0�0+� +��/��*�entrepreneur will either not be acted upon in the right timing or not %),(!)!*0! ��/�!û!�0%2!(5��/�%0��+1( �$�2!��!!*�/$+1( �5+1�$�2!�$� �the focus. 0ŏ/���,.!005�/%),(!��+*�!,0Č��10�/+)!0%)!/�0$!�/%),(!/0�0$%*#/��.!�0$!�$�. !/0�0+�%),(!)!*0�+*��� �5�%*� �5�+10��,,.+��$ċ

CONTINUeD ->

The worst decision is indecision.

RYAN HARWOOD CEO, PureWow

The worst decision is indecision.

RYAN HARWOOD CEO, PureWow

�*!�+"�0$!��%##!/0�(!//+*/�ŏ2!�(!�.*! �%/*ŏ0�".+)���,�.0%�1(�.�"�%(1.!��10�".+)�)%//! �+,,+.01*%05č�0$!�3+./0� !�%/%+*�%/�%* !�%/%+*ċ��$!*�5+1ŏ.!��*�!*0.!,.!*!1.Č�5+1�$�2!�0+�)+2!�-1%�'(5��* �#+�3%0$�5+1.�#10ċ�"�5+1� +*ŏ0Č�5+1��+1( �)%//�+10�+*�0$%*#/�0$�0���*�help your business immensely.

0���*��!�*!.2!ġ3.��'%*#��10�%0ŏ/�%),+.0�*0�0+�#!0�,.+ 1�0/�+10�0$!.!��* �1/!� �0��0+�/!!�3$!0$!.�%0ŏ/�3+.'%*#ċ��0$%*'�0$!��!/0�,.+�!//�%/�0$%/č��!(!�/!Č��!2%!3Č��,0%)%6!Č�0!.�0!Č��!,!�0ċ

Ƶ(/+Č��0�0$!�!* �+"�0$!� �5�0$!.!�%/�*+�.%#$0�3�5�+.�+*!�3�5�0+�.1*����1/%*!//ċ��$!*�5+1�/0�.0����+),�*5Č�5+1�0$%*'�0$!.!�%/���.+� �)�,�+.�$+(5�#.�%(�0+�/1��!//ċ��$!.!�%/*ŏ0ċ��1/! �0+��!�/+�"+�1/! �+*� +%*#�0$%*#/�,.!�%/!(5�(%'!�+0$!./�3$+�$� �/1��!//��!"+.!�)!�0+��2+% �$%00%*#�/*�#/Č��10�0$�0���*�1(0%)�0!(5�$+( �5+1����'ċ�Ƶ/'�-1!/0%+*/Č���-1%.!�)!*0+./Č�#�0$!.�'*+3(! #!��* �0$!*�)�'!��*�! 1��0! � !�%/%+*��* � +�3$�0ŏ/��!/0�"+.�5+1.��1/%*!//ċ

Start now!

Wade Foster CEO & Co-founder, Zapier

�$!��%##!/0�(!//+*�(!�.*! �%/�Ŏ/0�.0�*+3Ŏċ�Ƶ()+/0�!2!.5� !�%/%+*�ŏ2!�)� !�0$�0ŏ/�(! �0+�/+)!0$%*#��3!/+)!�3+1( �$�2!��!!*�3�5�)+.!��3!/+)!�had I simply decided to start sooner.

ǫ5�/0�.0%*#�*+3Č�5+1��(/+��.!���(!�0+�ü#1.!�+10�3$�0�3+.'/��* �3$�0� +!/*ŏ0�3+.'�0$�0�)1�$�)+.!�-1%�'(5ċ��+�%0��!�+)!/�!�/%!.�0+��10�+10�0$%*#/�0$�0� +*ŏ0�3+.'��* � +�)+.!�+"�3$�0� +!/�3+.'ċ

Start now!

Wade Foster CEO & Co-founder, Zapier

Being adaptable is the real test.

Cerrie Kerpen CEO & Co-founder, Likeable Media

Being adaptable is the real test.

Cerrie Kerpen CEO & Co-founder, PureWow

�*!�+"�0$!��%##!/0�(!//+*/�ŏ2!�(!�.*! �%/*ŏ0�".+)���,�.0%�1(�.�"�%(1.!��10�".+)�)%//! �+,,+.01*%05č�0$!�3+./0� !�%/%+*�%/�%* !�%/%+*ċ��$!*�5+1ŏ.!��*�!*0.!,.!*!1.Č�5+1�$�2!�0+�)+2!�-1%�'(5��* �#+�3%0$�5+1.�#10ċ�"�5+1� +*ŏ0Č�5+1��+1( �)%//�+10�+*�0$%*#/�0$�0���*�help your business immensely.

0���*��!�*!.2!ġ3.��'%*#��10�%0ŏ/�%),+.0�*0�0+�#!0�,.+ 1�0/�+10�0$!.!��* �1/!� �0��0+�/!!�3$!0$!.�%0ŏ/�3+.'%*#ċ��0$%*'�0$!��!/0�,.+�!//�%/�0$%/č��!(!�/!Č��!2%!3Č��,0%)%6!Č�0!.�0!Č��!,!�0ċ

Ƶ(/+Č��0�0$!�!* �+"�0$!� �5�0$!.!�%/�*+�.%#$0�3�5�+.�+*!�3�5�0+�.1*����1/%*!//ċ��$!*�5+1�/0�.0����+),�*5Č�5+1�0$%*'�0$!.!�%/���.+� �)�,�+.�$+(5�#.�%(�0+�/1��!//ċ��$!.!�%/*ŏ0ċ��1/! �0+��!�/+�"+�1/! �+*� +%*#�0$%*#/�,.!�%/!(5�(%'!�+0$!./�3$+�$� �/1��!//��!"+.!�)!�0+��2+% �$%00%*#�/*�#/Č��10�0$�0���*�1(0%)�0!(5�$+( �5+1����'ċ�Ƶ/'�-1!/0%+*/Č���-1%.!�)!*0+./Č�#�0$!.�'*+3(! #!��* �0$!*�)�'!��*�! 1��0! � !�%/%+*��* � +�3$�0ŏ/��!/0�"+.�5+1.��1/%*!//ċ

Be patient and adjust on the fly.

Joe Pulizzi Founder, Content Marketing Institute & Author, Epic content marketing

�%./0Č�,�0%!*�!Č�,�0%!*�!Č�,�0%!*�!ċ��3�/�3%0$%*���ć�)+*0$�,!.%+ �+"�#%2%*#�1,��* �#+%*#����'�0+��+.,+.�0!�(%"!��* �0$!*�/!!%*#�0$!��1/%*!//�0�'!�+ûċ

�!�+* Č�0$!�,(�*�5+1�/0�.0�+10�3%0$�%/�*!2!.�0$!�,(�*�0$�0���01�((5�3+.'/ċ���!(%!2!�%"�)+.!�!*0.!,.!*!1./�3!*0�%*�3%0$�0$�0��00%01 !�0$!5�3+1( ��!�)+.!�/1��!//"1(ċ��0�.01,/�0!* �0+�"�((�%*�(+2!�3%0$�0$!%.�,.+ 1�0Č�3$!*�0$!5�/$+1( ��!�)+.!�"+�1/! �+*��1%( %*#���(+5�(��1 %!*�!Č�(%/0!*%*#Č��* �� &1/0%*#�0$!�+û!.%*#�+*�0$!�ý5�1*0%(�%0�0�'!/ċ

Be patient and adjust on the fly.

Joe Pulizzi Founder, Content Marketing Institute & Author, Epic content marketing

Letting go of the need to look perfect.

Lewis Howes Creator, The School of greatness & athelte extrodinaire

�1/! �0+��!�/+�worried about how things looked�0$�0��3�/��.!�0%*#��* �$+3��0$+1#$0�,!+,(!�3+1( �,!.�!%2!�)!�%"��Ŏ)!//! �1,Ŏ�3%0$�/+)!0$%*#ċ��.10$�%/Č�0$�0�!*!.#5�0++'�)!��3�5�".+)�(%2%*#�)5�2%/%+*��* ��.!�0%*#�something that people were inspired by.

Letting go of the need to look perfect.

Joe Pulizzi Founder, Content Marketing Institute & Author, Epic content marketing

PART V:DEALING WITH FAILURE

Success is not the natural state of things.

TED RUBIN ACTING CMO, Brand Innovators

The most important lesson I learned about failure is that without it, you do not truly understand success. �$!*�/1��!//��+)!/�0++�!�/%(5�+.�0++�!�.(5�%*�0$!�,.+�!//Č�3!��+)!�0+��!(%!2!�%0�%/�0$!�*�01.�(�/0�0!�+"�0$%*#/Č��* �3$!*�"�%(1.!��+)!/��0���(�0!.� �0!�%*�/+)!�"+.)�+.��*+0$!.�3!��.!�)+/0�+"0!*�100!.(5�1*,.!,�.! ċ

5�"�%(1.!/�$�2!�+,!*! �)5�!5!/�0+�%*0.+/,!�0%+*��* �(!�.*%*#�0$�0�$�/�)� !�)!����!00!.�"�0$!.Č��.+0$!.Č�".%!* Č�)!*0+.ċċċ����!00!.�,!./+*ċ

�$%/�%/�*+0�0+�/�5�5+1�/$+1( �/!!'�+10�"�%(1.!Č�)+.!���+10�$+3�%),+.0�*0�%0�%/�0+�/0.!0�$�5+1./!("��* �*+0��!��".�% �+"�)�'%*#�)%/0�'!/ċ��!�*!! �0+�!),+3!.�+1.�!),(+5!!/Č��//+�%�0!/Č�".%!* /��* ��$%( .!*�0+�1* !./0�* �0$�0�"�%(1.!�%/�%*�.! %�(5�2�(1��(!�3$!*�5+1�)�'!�(!�.*%*#�,�.0�+"�0$!�,.+�!//ċ

Success is not the natural state of things.

TED RUBIN ACTING CMO, Brand Innovators

ąĆŌ�+"�/0�.01,/�(�/0�&1/0�ć�)+*0$/��!"+.!��(+/%*#�0$!%.� ++./

Success is not the natural state of things.

http://visual.ly/start-ups-exposed

TED RUBIN ACTING CMO, Brand Innovators

Look at failures as merely mistakes.

Jim Belosic CEO, SHORTSTACK

�Ŏ"�%(Ŏ�,.+���(5�+*�!���3!!'Č�)�5�!�!2!*�+*�!��� �5Č��&1/0�0$%*'�+"�0$!)��/�)%/0�'!/Č�*+0�"�%(1.!/ċ�ŏ((�)�'!�0$!�3.+*#� !�%/%+*�+.�#+� +3*���,�0$�0$�0�+1.��1/0+)!./� +*ŏ0�3�*0��!��1/!��3�/*ŏ0�(%/0!*%*#Č��* �0$!*��$�2!�0+����'0.��'ċ

+/0�,!+,(!�/!!�0$!�3+. �"�%(1.!��* �0$%*'�Ŏ1*.!�+2!.��(!ċŎ�*/0!� Č�I see failures as mini test results. I tried something, it didn't work, so let's gather up what we learned and try again.�ŏ2!�*!2!.�(!0�)5��1/%*!//�#!0�0+���,+%*0�+"�"�%(1.!Č�ŏ2!�/!0�)5�#1% !(%*!/��* �,%2+0�%"�3!�/0�.0�$!� %*#�0+3�. /�/+)!0$%*#�0$�0ŏ/�"�%(%*#ċ

���01�((5�&1/0�3.+0!���#1!/0��.0%�(!�"+.��$!� 1/!���+10�0$!�% !��0$�0�5+1�$�2!�0+�"�%(�0+�/1��!! Č�3$%�$�� +*ŏ0��#.!!�3%0$ċ

Look at failures as merely mistakes.

Jim Belosic CEO, SHORTSTACK

Use data to help fail less often.

Larry Kim Founder wordstream

��%(1.!/��.!�1*�2+% ��(!��* �.% %�1(+1/(5��+/0(5�"+.�/0�.0ġ1,/�3%0$�(%00(!�0%)!��* �)+*!5ċ��+�+"0!*�/0�.0ġ1,/�%*2!/0�$1#!�.!/+1.�!/�%*0+��%#�,.+ 1�0�+.�)�.'!0%*#�%*%0%�0%2!/ċ

��01.�((5Č�3!�3�*0�0+��!(%!2!�0$�0�+1.�$�. �3+.'�$�/�,�% �+ûČ�5!0�0$!�.!�(%05�%/�0$�0���2!.5�/)�((�*1)�!.�+"�0$+/!�,.+&!�0/�3%((���01�((5�,.+ 1�!�(�.#!�/��(!Č�(�/0%*#��!*!ü0/�ġ�)+/0�3%((�$�2!�*+�%),��0��0��((�+*�5+1.��1/%*!//Č��* �/+)!�3%((�!2!*�)�'!�0$%*#/�3+./!ċ

The key to success therefore is in trying to fail slightly less often by using more data rather than gut feel in the project planning phases, and not let projects that fail to meet their success criteria linger around for too long.

Use data to help fail less often.

Larry Kim Founder wordstream

Larry Kim Founder wordstream

�/%*#� �0��0+� .%2!��1/%*!//� !�%/%+*/���*�.!/1(0�%*��*�%*�.!)!*0�(�ĂąāŌ�.!01.*�+*�%*2!/0)!*0ċ

Use data to help fail less often.

http://www.business2community.com/marketing/go-small-or-go-home-why-niche-marketing-works-0429962#qtI3daASWkG2SBEp.99

Use your negative experiences to regroup.

Michael A. Stelzner CEO & Founder, Social Media Examiner & Mykidsadventures.com

�$!��%##!/0�"�%(1.!��!2!.�$� �3�/�3$!*��%*2!/0! �%*���ĸĂĀĀĀ�,.+#.�)�0$�0�,.+)%/! �%"��/%),(5�"+((+3! �0$!%.�/1##!/0%+*/��3+1( �)�'!���0+*�+"�)+*!5ċ�� % �,.!�%/!(5�3$�0�0$!5�/1##!/0! ��* �%0�3�/���$1#!�"�%(1.!ċ�Ƶ* �!0$%��((5��"!(0� %/#1/0%*#ċ��$!�.!01.*�.�0!�3�/�+û�0$!��$�.0/��* �%0�3�/� %/)�(�!4,!.%!*�!ċ

�1/! ��((�0$+/!�*!#�0%2!�!4,!.%!*�!/�0+�.!#.+1,��* �ü#1.! �+10���3�5�0+�(�1*�$�!2!*0/�0$�0�ü0�3%0$%*�)5��+)"+.0�6+*!ċ��$�0�!* ! �1,�$�,,!*%*#�3�/�0$!��%.0$�+"�)5�+*(%*!�/1))%0/ċ��2!*01�((5��+�%�(� ! %���1��!//��1))%0�3�/��+.*ċ

0�3�/�/1�$���$1#!�/1��!//�0$�0��(�1*�$! ���*!3�!4,!.%)!*0�(�3!�/%0!���((! ��+�%�( ! %��4�)%*!.ċ�+)����'�%*�ĂĀĀĊċ��1.*! �+10��3�/�+*�0+�/+)!0$%*#ċ��+ �5�)%((%+*/�+"�,!+,(!�2%/%0�+1.�/%0!��* �%0�%/�+*!�+"�0$!�(�.#!/0��1/%*!//��(+#/�+*�0$!�,(�*!0ċ��+�)+.�(�+"�0$!�/0+.5č�let your failures clear your deck, much like a forest ü.!Č�/+�*!3�% !�/���*��!��+.*ċ��+1�*!2!.�'*+3Č�+*!�+"�0$+/!�% !�/�)%#$0�01.*�out to be a mighty oak!

Use your negative experiences to regroup.

Michael A. Stelzner CEO & Founder, Social Media Examiner & Mykidsadventures.com

Mistakes will surface new opportunities.

Meridith Valiando Rojas CEO & Founder, Digitour media

�$!�#.!�0!/0�(!//+*��(!�.*! �3�/�0$�0�)%/0�'!/�3%((�*+0�!* �5+1.��1/%*!//ċ�If you are *%)�(!��* �3%((%*#�0+�(%/0!*�0+��+*/0.1�0%2!��.%0%�%/)�5+1���*�!4�!(��5�(!�.*%*#��* �!2+(2%*#ċ�*�)5�!4,!.%!*�!��/��*�!*0.!,.!*!1.Č�0$!.!�$�2!��!!*�0%)!/Č�!/,!�%�((5�!�.(5�+*Č�3$!*��!*�+1*0!.! �%//1!/�0$�0��,,!�.! �0+��!�%*/1.)+1*0��(!ċ

�+.�!4�),(!Č�3$!*��)�*�#! ��*��.0%/0�+*�ƫ�,%0�(��!�+. /�0$�0�#+0� .+,,! Č��"!(0�(%'!��� !2�/0�0%*#�"�%(1.!ċ�ǫ10�%*�0.10$Č�%0�/$+3! �)!�$+3�2%0�(�/+�%�(�)! %��%/�0+��.!�'%*#�0�(!*0�%*�0$%/�*!3�3+.( �+. !.ċ�"��*!2!.�"�%(! �3%0$�0$�0�,.+&!�0Č��3+1( �*+0�$�2!�.!�(%6! �0$!�%),+.0�*�!�+"�/+�%�(�)! %���* �%0/�%),��0�+*�0.� %0%+*�(�)! %�ċ

�.+)�0$�0�� !2!(+,! ���*!3�/!0�+"�/'%((/Č�3$%�$�(! �)!�0+��+ġ"+1* %*#��%#%�+1.ċ��%0$���(+0�+"�,!./%/0!*�!��* ���3%((%*#*!//�0+��!�ý!4%�(!Č�3!�3!.!���(!�0+�+2!.�+)!�+�/0��(!/��* �,.+2!�3!��.!����.�* �3%0$�/0�5%*#�,+3!.ċ��$�2!�(!�.*! �*+0�0+�#!0�0++�!4�%0! �+.�0++� !"!�0! ��/���1%( �)5��1/%*!//ċ����$� �5�%/�(%'!���.+((!.��+�/0!.�ü((! �3%0$�1,/Č� +3*/Č�0$.%((/Č��* �1*!4,!�0! �01.*/ċ

Mistakes will surface new opportunities.

Meridith Valiando Rojas CEO & Founder, Digitour media

���1(%/�3�/���"�%(%*#�/+�%�(�*!03+.'%*#�/%0!�"+.�0$!�#�5��+))1*%05ċ�Ƶ"0!.�"�%(! �.!2�),/��/���#�5����!�++'Č�#�5��!(,��* �#�5��.+1,+*Č�

"+1* !./��/+*��+( �!.#��* �ǫ.� "+. ��$!(($�))!.�01.*! ����1(%/�%*0+����ċ�+)Č���ý�/$�/�(!�/%0!�/,!�%�(%/%*#�%*� !/%#*!.��* �

2%*0�#!�%0!)/�3%0$�+2!.�Ć�)%((%+*�)!)�!./ċ

Mistakes will surface new opportunities.

http://www.inc.com/brilliant-failures/3-mistakes-that-built-companies_pagen_2.html

Welcome detours and failures with open arms.

Ekaterina Walter CMO, Househappy, Author of NYT bestseller “think like zuck”

�(!�.*! �0$�0�3$�0�5+1�)%#$0�0$%*'�%/�0$!�3+./0�0$%*#�0$�0�!2!.�$�,,!*! �0+�5+1�%*�0$�0�)+)!*0�)%#$0���01�((5�01.*�+10�0+��!�0$!��!/0�0$%*#�0$�0�!2!.�$�,,!*! �0+�5+1ċ����*�.!�+1*0���*1)�!.�+"�0$!�%*/0�*�!/�3$!*��0$+1#$0�0$!�3+.( �3�/�!* %*#�0+�+*(5�(�1#$���+10�%0�/!2!.�(�5!�./�(�0!.��* �0$�*'�)5�(1�'5�/0�./�0$�0�0$�0ŏ/�$+3�0$%*#/�01.*! �+10ċ

�*!�0$%*#�5+1�3%((�*+0%�!���+10�/1��!//"1(�,!+,(!Č�!/,!�%�((5�,!+,(!�3%0$��*�!*0.!,.!*!1.%�(�/0.!�'Č�%/�0$�0�0$!5�welcome detours and failures as a natural part of the journey 0$!5��.!�+*ċ�ŏ2!�0�('! ���+10�0$%/�%*�)+.!� !0�%(�%*�)5����ġ(%'!�0�('�$!.!ċ

�+�3$!*��)!*0+.�5+1*#�,!+,(!��0!((�0$!)�ü./0��* �"+.!)+/0�0+�*!2!.�-1!/0%+*�0$!%.�,�//%+*��* �0$!%.���%(%05�0+�#!0�0$%*#/� +*!ċ�"�5+1�$�2!�0$!��+*ü !*�!�%*�5+1./!("Č�%*�3$!.!�5+1��.!�#+%*#Č��* �3$�0�5+1��.!�0.5%*#�0+��1%( Č�0$%/�%/�3$�0�3%((�#!0�5+1�0$.+1#$�0+1#$�0%)!/ċ�Ƶ* �0$�0�%/��((�%0ŏ((��!�ġ�0+1#$�0%)!/�0$�0�5+1���*�+2!.�+)!Č�*+0�Ƶ.)�#! +*ċ

�+�%0�01.*/�+10�0$�0�0$!��(%�$h�Ŏ�$!*�+*!� ++.��(+/!/Č��*+0$!.� ++.�+,!*/Ŏ�%/�)+.!�0$�*����(%�$h��"0!.��((ċ��+1�&1/0�*!! �0+��!��+*ü !*0�!*+1#$�0+�/!!�0$�0�+0$!.�+,!*� ++.ċ�Ƶ* �0$�0�.!-1%.!/�0$�0�5+1�*+0�/0�.!��0�0$!��(+/! � ++.�0++�(+*#ċ

Welcome detours and failures with open arms.

Ekaterina Walter CMO, Househappy, Author of NYT bestseller “think like zuck”

Get told "no" on a daily basis.

Shafqat Islam CEO, NEWScred

�$!�/%*#(!��%##!/0�(!�.*%*#�"+.�)!�3�/�0+�*+0��!��".�% �+"�"�%(1.!��* �0+���01�((5�!)�.��!�%0ċ� +.!�%),+.0�*0(5Č��(!�.*! �0$�0�5+1�*!! �0+�"�%(Č��* �+"0!*�"�%(�+"0!*ċ

If you aren't being told "no" on a daily basis, you aren't pushing yourself hard enough or taking enough risks.�Ƶ/�0!�$�!*0.!,.!*!1./Č�3!ŏ.!�%*�0$!��1/%*!//�+"�%**+2�0%+*Č�/+�"�%(1.!�%/�,�.0�+"�0$!�&+1.*!5ċ

Get told "no" on a daily basis.

Shafqat Islam CEO, NEWScred

Nothing is as bad as it seems.

Gene Marks President, Marks group

5�/%*#(!��%##!/0�(!//+*�%/�/+)!0$%*#�)5� � �0�1#$0�)!č�*+0$%*#�%/��/��� ��/�%0�/!!)/�Ĩ�10�0$!*��#�%*�*+0$%*#�%/��/�#++ ��/�%0�/!!)/�!%0$!.ĩċ�*�+0$!.�3+. /Č�"�%(1.!�%/�&1/0�.!(�0%2!ċ

�$!.!�%/����%((%+*�,!+,(!�%*�* %��Ĩ�* �ăĂĊČĊĊĊČĊĊĊ�,!+,(!�%*�0$!��ċ�ċĩ�3$+��+1( ���.!�(!//���+10�5+1.�"�%(1.!��* �%0ŏ/�&1/0�*+0��/�Ŏ%),+.0�*0Ŏ��/�5+1�,.+���(5�0$%*'�%0�%/ċ�Ƶ* �*!%0$!.��.!�5+1�Ĩ+.�ĩċ��+�.+((�3%0$�0$!�!)+0%+*/Č�0$!*�#!0����'�0+�3+.'ċ�Ƶ* ��(/+�.!)!)�!.�0$%/�/�)!�(!//+*�0$!�*!40�0%)!�5+1�/1��!! ��* �5+1�0$%*'��((ŏ/�#.!�0�ġ��!��1/!�*+0$%*#ŏ/��/�#++ ��/�%0�/!!)/�!%0$!.ē

Nothing is as bad as it seems.

Gene Marks President, Marks group

Tomorrow is always another day.

Scott gerber Founder, Young Entrepreneur Council (YEC) & Author of Never get a ‘Real Job’

�$!�)+/0�%),+.0�*0�,�.0�+"�"�%(%*#�%/�.!�(%6%*#�0+)+..+3�3%((�+û!.��*+0$!.� �5�to get it right. ��.(%!.�%*�)5�!*0.!,.!*!1.%�(���.!!.Č��0++'�"�%(1.!/�2!.5�,!./+*�((5ċ��*!�Ŏ�%#�"�%(1.!Ŏ�3+1( �#!0�)!� +3*�"+.� �5/Č��* �%*�/+)!�%*/0�*�!/� %)%*%/$! �)5��+*ü !*�!��* �,.+ 1�0%2%05�"+.�3!!'/ċ

0�3�/*ŏ0�1*0%(��"0!.�)5�ü./0��1/%*!//�3!*0�1* !.��* ��/0�.0! �)5�/!�+* ġġ�* Č�1(0%)�0!(5�)5�ü./0�/1��!//"1(��+),�*5ġġ0$�0��.!�(%6! �$+3�%),+.0�*0�%0�%/�0+�0�'!�"�%(1.!/��/�(!//+*/�(!�.*! �.�0$!.�0$�*�$�. �'*+�'/ċ

5�/!�+* ��1/%*!//�3�/�/0.+*#!.��/���.!/1(0�+"�0$!�(!//+*/�(!�.*! �+*�)5�ü./0�#+��.+1* ċ��+3Č�)5��+),�*%!/�minimize the potential for failures by shrinking our downside on any single decision. Ƶ/���.!/1(0Č�3!�#!0����'�1,�/0.+*#!.��* �"�/0!.�3$!*�3!� +�"��!���/!0����'Č��* �0$!�/1*�1/1�((5�!* /�1,�/$%*%*#��.%#$0!.�%*�0$!� �5/�0+��+)!��/���.!/1(0ċ

Tomorrow is always another day.

Scott gerber Founder, Young Entrepreneur Council (YEC) & Author of Never get a ‘Real Job’

EPILOGUE

Gosh... I’m gonna miss you guys back on Earth

EPILOGUE

If only there was some way to stay in touch intergalactically...

EPILOGUE

Hmmmmmmmm...

EPILOGUE

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Adapted from: http://www.huffingtonpost.com/brian-honigman/35-tech-entrepreneurs-failure_b_5529254.html

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