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Week 9 [10.12-16.12.18] Don't fail fast -- fail mindfully

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Don't fail fast -- fail mindfully | Leticia Gasca


Nowadays we quite often hear an entrepreneurial success stories, but have you ever thought about entrepreneurs who fail? More often they are ashamed of their stories, and that’s why they hide them. Leticia Gasca says, that entrepreneurs who fail, miss out on opportunity to grow by hiding their stories. She calls business owners to share the story about their failures.

Watch the presentation and answer question below.



Questions:
1.       Do you agree with Leticia?
2.       Would you like to visit such event where people share stories about their failures?  
3.       Would you like to start your own business someday?

Comments

Kyrylo Proskurin said…
The best example would be one of the recent interviews with Elon Musk. We see him as an extremely successful person, but look at his age. And he started to shine on the mass media not that long ago. He did not start with the SpaceX and Tesla at their peak. There were years of hard work. And even now, after the huge success, he confessed that Tesla was actually days away from closing. And the need in colossal hard work was never gone. Failure is a constant satellite of a person, that is how it works. Out of million failures only some will catch success. Only those who keep working.
11 December 2018 at 18:50
Unknown said…
Thank you for your reply. Are you have your own business? Or maybe you wanna start new one?
14 December 2018 at 18:09
Unknown said…
Yes, I agree with her. I think we should appreciate people who take risk and try to run their own business and not humiliate them if those businesses fail, however, as she has mentioned, it is important to take lessons learned and be responsible in next undertakings.
It could be a very valuable experience to listen to people talking about their unsuccessful businesses and all the factors which had contributed to the failure, as it would allow new entrepreneurs to learn on other people’s mistakes.
I would like to start my own business, but only when I would have enough money and unique business case for it. I don’t really see a point of running business which will offer product or service similar to those which are already available on the market.
16 December 2018 at 15:36
Unknown said…
1. I agree, but I think that the performances of successful people are more motivating. In these stories there is one big advantage - these are the schemes of the business itself. 2. Listening to stories about failures, I would pay attention to all the details: the actions that are done first, the mistakes that were made and of course I would be interested in questions about the recruitment of people in my team. I would like to listen to such stories, especially about business on the Internet. 3. Yes, of course, who does not want. I would like my business to be my pleasure, and profit as an indicator of my efforts. But when there is already a permanent job, it is hard to quit it for the sake of a hobby. So far I have no ideas that I would begin to implement from this moment.
16 December 2018 at 17:31
Unknown said…
Are you already have any idea what kind of business it will be(IT, sales etc. )? If yes, can you share it with us?
16 December 2018 at 18:12
Unknown said…
Thank you for your reply. If somebody will offer you became his/her partner in business and this business will definitely be profitable, will you leave your permanent job?
16 December 2018 at 18:46
Wojtek Protasik said…
Yes i agree with her. I think everyone should be able to take risks and develop himself/herself, and no failure should disqualify this person from trying again.
I think visiting such an event, would make me realise that everyone could fail and nothing's as easy as it seems or might seem sometimes. Everything achieved is a hard work and our accomplishments are achieved by hard work and the rate of our productivity.
I could start a business one day. I think that would be a nice new experience to have and it's definitely something worth having a go at.
16 December 2018 at 21:23
Maryna Bratishko said…
1. Do you agree with Leticia?
Yes, I agree with Leticia. People who open their business are worthy of respect. They had the courage to take a chance, to try something. The reason for their failure can be anything, the main thing is to extract useful experience from the defeat and to prevent the repetition of mistakes.
2. Would you like to visit such an event where people share stories about their failures?
I would really like to attend such an event. There is a great opportunity to learn from other people's mistakes. Also, if people talk so openly about their fails, then they have stepped over them. This willpower is very motivating.
3. Would you like to start your own business someday?
Difficult question, no more than yes. Business management is an administrative job, which means you have to quit your favorite work and watch how other people do it for you. I'm not ready for this yet.
16 December 2018 at 23:21
Sebastian Strzemiński said…
1. I agree with Leticia, because fail is something normal which everybody of us experienced it. Of course nobody wants to show that something is fail and try to hidden it. But i think the best way to deal with our fail is talk with somebody about this.
2. yes I want, it could be a good experience for me, maybe I could getting some good tips for example how to accept fail,
3. yes in the nearest future probably I will start my own business, of course on the beginning it will be a single person business.
16 December 2018 at 23:51
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