Survivorship bias in the entrepreneurial journey
Bren Kinfa 💎 SaaS Gems
9 replies
It's easy to feel disheartened when all we see are the victories and the wins.
Social media definitely amplifies this.
How do you remind yourself that for every success story, there are countless untold stories of perseverance and failure?
Replies
Jon Wesselink@jonwesselink
I feel the same. Remember that if it takes 9 fails for the big win, wouldn't you want to get those 9 fails as fast as possible? Give em to me NOW! 😆
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Launching soon!
I think - at least for us - staying motivated with the positive side / those wins / what people have done to succeed tend to be more valuable.. but your given sector - I think its really important to see what people are doing wrong / have done wrong + strive to avoid those pitfalls.
I believe that objectively pursuing a problem better to build is far more satisfying
Launching soon!
You raise such a great point!
Press and media are so biased toward this positive narration that it angers me!
Whenever I speak to young entrepreneurs at conferences, I always start by reminding them the default outcome is failure. Success is an outlier result.
On my side, I experienced a bad outcome, the one few talks about, many times, so I'm very aware of it and accept it as part of the game while trying to be optimistic and energetic for the new projects.
Getting knocked down multiple times is the process to harden up for big success. Media bias is keeping you focused, but PH kind of platforms helped 99% of unsuccessful winners to learn, collaborate, grow and ultimately win.
Very important and real problem. I think I've reframed what failure means. Failure is the best teacher and totally necessary for growth, and so I've begun welcoming failures and learning as much as I can from them. Also, the conviction of an entrepreneur is one of the most powerful things in the world- you KNOW what your doing is important and has incredible potential, don't lose sight of that ever.
Hey there! Gurkaran Singh here, fellow tech enthusiast and startup aficionado. The entrepreneurial journey can indeed feel like a highlight reel of wins, but behind every success story lies a sea of untold tales of perseverance and failure, often overlooked.
To remind myself of this, I like to think of failure as a stepping stone to success, a necessary part of the journey rather than a roadblock. Embracing setbacks teaches us valuable lessons and builds resilience.
So, let's celebrate the wins but also remember the hard work, grit, and determination that go unseen. Because in the end, it's not just about surviving the entrepreneurial journey, but thriving despite the challenges along the way. 💪🚀