1. Jerry+AllCrash and BurnFear, Failure and the Entrepreneurial JourneyAugust 27, 2014Madison, WI

2. Jerry+AllCrash and Burn 2Welcome 3. Jerry+AllCrash and Burn 3@jerrycolonna 4. Jerry+All Crash and Burn 4Agenda Fear Failure Turning both into allies 5. Jerry+AllCrash and Burn 5The Bet. 6. Jerry+AllCrash and Burn 6Practical Skills + Radical Self-inquiry+ Peer Support =Enhanced Leadership +Greater Resiliency 7. Jerry+All Crash and Burn 7Truth Vulnerability(Practical Skills)+ (Radical Self-inquiry)+Safety(Peer Support) =Enhanced Leadership +Greater Resiliency 8. Jerry+All Crash and Burn 8Authentic and fully-actualized self(Enhanced Leadership+ Greater Resiliency) 9. Jerry+AllCrash and Burn 9What are we allso afraid of? 10. Jerry+AllCrash and Burn 10Failure 11. Jerry+All Crash and BurnWhat do we think will happen if wefail? Disappointing those who believed in us Becoming penniless Being humiliated11 12. Jerry+All Crash and Burn 12 13. Jerry+AllCrash and Burn 13We are humiliated only if we firstinvest our pride and sense of worthin a given achievement, and thendo not reach it 14. Jerry+AllThe Door 14With no attempt there can beno failure; with no failure nohumiliation. Alain de Botton 15. Jerry+AllCrash and Burn 15We fear failurebecause we havemerged our sense ofself with the effort 16. Jerry+AllCrash and Burn 16Failure threatensour ego 17. Jerry+AllCrash and Burn 17Refusing to acknowledge failure isoften an attempt to avoid the paralysisof shame. Many of us were raised oreducated by people who tried to makeus feel guilty when we made a mistake,hoping that fear of being shamed wouldhelp us avoid future failure. It didntwork. 18. Jerry+AllCrash and Burn 18We cannot live fully and avoidmistakes. So, to avoid the paralysisand pain of shame, we narrow ourlives to those things we alreadyknow and deny the mistakes thathappen.Oriah, The Invitation 19. Jerry+AllCrash and Burn 19We fear failureand therefore wefear uncertainty 20. Jerry+All Crash and Burn 20Uncertainty ispainful. 21. Jerry+All Crash and Burn 21Uncertaintyundermines our oursense of safety. 22. Jerry+All Crash and Burn 22Uncertainty fuels ourexpectations of infallibility 23. Jerry+All Crash and Burn 23Luckexacerbatestheuncertainty 24. Jerry+AllCrash and Burn 24Making Alliesof Fear andFailure 25. Jerry+All Crash and Burn 25Making allies requires... Treating planning as a chance to be curious andinventive Accepting reality without giving up on the wish tochange Understanding the nature of change andimpermanence 26. Jerry+AllCrash and Burn 26I need a plan! 27. Jerry+All Crash and Burn 27 28. Jerry+All Crash and Burn 28This is not a business 29. Jerry+All Crash and Burn 29When people are in the throes of adecision, contradictory facts andambivalent feelings are revealed.Our discomfort with contradictoryfeelings and ambivalence leads usto rush to a plan. 30. Jerry+AllCrash and Burn 30This being so, sowhat? 31. Jerry+All Crash and Burn 31 32. Jerry+AllCrash and Burn 32To be uncertain is to beuncomfortable, but to becertain is to be ridiculous.Voltaire 33. Jerry+AllCrash and Burn 33But what if I fail?You will.The answer to the what ifquestion is, you will.A better question might be, after I fail, what then?Well, if you've chosen well, after you fail you will beone step closer to succeeding, you will be wiserand stronger and you almost certainly will be morerespected by all of those that are afraid to try.Seth Godin 34. Jerry+AllThe Door 34In Praise of FailureTo experience failure is to start seeing the cracks in the fabric of being,and thats precisely the moment when, properly digested, failure turnsout to be a blessing in disguise[F]ailure also possesses a distincttherapeutic function. Most of us (the most self-aware or enlightenedexcepted) suffer chronically from a poor adjustment to existence; wecompulsively fancy ourselves much more important than we are andbehave as though the world exists only for our sake; in our worstmoments, we place ourselves like infants at the center of everything andexpect the rest of the universe to be always at our serviceFailurecould be a medicine against such arrogance and hubris, as it oftenbrings humility 35. Jerry+AllCrash and Burn 35Our capacity to fail is essential to what we are. The gap between whatwe are and what we can be is also the space in which utopias [or ourentrepreneurial endeavors] are conceived. Ultimately, our capacity to failmakes us what we are; our being as essentially failing creatures lies at theroot of any aspiration. For, in a sense, the capacity to fail is much moreimportant than any individual human achievements: It is that which makesthem possible. We are designed to fail.Costica BradatanIn Praise of Failure 36. Jerry+AllCrash and Burn 36The TrentonLesson 37. Jerry+All Crash and Burn 37You gotta be willing tofailyou gotta be willing tocrash and burn. 38. Jerry+AllThe Door 38"Our greatest glory isnot in never falling, butin rising every time wefall." - Confucius. 39. 39For more:Fall BootcampOctober 1-5, 2014reboot.io@TheCEOBootcampAnd, launching in September,The Monster in Your Head - a Podcastreboot.io/podcast 40. Thank Youjerry@colonna.org@jerrycolonnawww.themonsterinyourhead.com