We are excited to announce a truly unique one day conference in Minneapolis, Minnesota – The Phoenix Rising Event! A day focused on strengthening our local community of entrepreneurs and innovators by addressing the fear, stigma, and shame of failure head on. Please mark your calendars and join us on Wednesday, May 20th, 2015.
Most startups will fail. Everyone in the startup community knows that failure is a more common occurrence than success. Silicon Valley has become so enamored by the “value of failure” that rumors suggest they are considering handing out merit badges for failed entrepreneurs. Just how common is startup failure? Harvard researcher Shikhar Ghosh cites that 75% of VC funded startups fail to return a single dime to their investors. So why do we hear so little about failed startups in Minnesota? Are we too “Minnesota nice” to brag about our failures?
For the longest time business and military leaders wouldn’t dare utter the word failure in front of their organizations. For many the credo was that failure wasn’t an option. Times have certainly changed but many organizations are just scratching the surface in addressing the difficult issues surrounding failure.
I will be hosting a roundtable discussion on “Driving Growth by Addressing Failure” at this year’s FailCon 2013 conference.
There won’t be any floats or parades in San Francisco today but there will be a similarly strong debate on fear, emotion, and failure. Today is the fourth annual FailCon conference being held in San Francisco, California. The goal of the conference is to “Stop being afraid of failure and start embracing it” and it is targeted at Silicon Valley entrepreneurs, investors, developers and designers. The thought is that by talking about our failures and learning from the failures of others we can move beyond our fear of failure toward our path to success. Sound familiar?
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