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3 Laws of Failure for Entrepreneurs

June 3, 2013
Science and entrepreneurs in Chicago

This bat failed to find its way home.

Becoming an entrepreneur is no easy task. You’re venturing into uncharted waters in your life. Some people’s paths will be harder and longer than others, but all paths will follow the same laws. Have you heard of Newton’s Laws of Motion (ex: For every action there is an equal and opposite reaction)? Well, entrepreneurs have their own set of laws, as I see it. If you’re a entrepreneur-wanna-be, here are some thoughts to keep in mind…

3 Laws of Failure for Entrepreneurs

First Law = Failure is inevitable.

Get used to it. From Inc. Magazine: Want to Succeed? Get Used to Failure.

Second Law = For every failure, there is a lesson to be learned.

Always be improving. From TED: 8 Talks About Learning From Failure

Third Law = Failure correlates highly with success.

From Richard Branson on the Secret to Success –> Failure.

If you are aware of these laws, planning will be easier and you’ll have a better chance at success (and happiness). Stay strong and don’t ever give up. #letUbeU

Related Posts:

Want to Change the World? 5 Book Recommendations for Entrepreneurs

Advice from Three Entrepreneurs During #EntUnpluggd

3 Lessons I Learned in My First Year as an Entrepreneur

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