-
Understanding failure in early stage startups.
joinef.com
@efLDN @alicebentinck co-founder EF
-
@EFLDN
EF works with the earliest stage startups possible often
pre-team and pre-
idea.
-
@EFLDN
Fears around failure seem to hold some founders
back.
-
@EFLDN
When did failure turn from I failed to I am a
failure?
-
@EFLDN
I don't divide the world into the week and the strong, or
the
successes or failures I divide it into the learners and
non-learners
Benjamin Berner
-
@EFLDN
Failure is a mindset
-
@EFLDN
Failure is a mindset There are two mindsets -Growth vs Fixed
*Read more from Dr Carol Dwecks book Mindset
-
@EFLDN
Failure is a mindset In a fixed mindset, people believe their
basic qualities, like their intelligence or talent, are simply
fixed traits. They spend their time documenting their intelligence
or talent instead of developing them. They also believe that talent
alone creates successwithout effort.
-
@EFLDN
Failure is a mindset In a growth mindset, people believe that
their most basic abilities can be developed through dedication and
hard workbrains and talent are just the starting point. This view
creates a love of learning and a resilience that is essential for
great accomplishment. Virtually all great people have had these
qualities.
-
@EFLDN
Failure is a mindset Founders who are able to adopt a growth
mindset, where they see every failure as a learning opportunity,
are more resilient and develop their founder skills faster.
-
@EFLDN
Failure is a mindset Founders who have a fixed mindset, see
failure as a personal attack on their intelligence. They no longer
persist because founding a startup/failure no longer aligns with
who they see themselves as.
-
@EFLDN
Failure is a choice
-
Why do startups fail on EF? They dont want the burden.
@EFLDN
Failure is a choice
-
On EF, founders dont fail. They stop. They realise that building
a startup is one of the hardest things they can do and they choose
to opt out. This isnt failure. This is a mature choice.
@EFLDN
Failure is a choice
-
@EFLDN
Failure is what happens when youre doing something new
-
If youre not failing, youre not pushing the boundaries.
@EFLDN
Failure is what happens when youre doing something new
-
Each failure is an opportunity to learn something new about your
product, your market and your customer. The founding process is all
about maximising your opportunities to learn. Failures show that
you are doing this.
@EFLDN
Failure is what happens when youre doing something new
-
@EFLDN
My goal is not to fail fast. Its to succeed in the long
term.
Marc Andreessen
-
We help the most ambitious technologists in Europe to build
startups from scratch
@EFLDN
What is Entrepreneur First?
-
Applications open now: joinEF.com [email protected]
@alicebentinck
@EFLDN
Were here to help
