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?
I am excited to be a panelist at the University of Minnesota’s “Finding Success through Failure” event on March 27th. The event is hosted by the University of Minnesota Office for Technology Commercialization and is always a great networking event for entrepreneurs or those looking to become an entrepreneur.
I will be hosting a roundtable discussion on “Driving Growth by Addressing Failure” at this year’s FailCon 2013 conference.
I have to admit that I’m pretty excited! My interview with MO.com was published yesterday on my work in launching my writing, blogging, and speaking business with MattHunt.co & FailureForums.com. In the interview I discuss my personal failure story and my subsequent interest in helping organizations understand the importance of planning for and learning from failure.
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