How does the myth that “failure means you’re not cut out for business” hinder entrepreneurs?
This toxic myth equates failure with incompetence, discouraging learning and experimentation.
Every Entrepreneur Fails: From Elon Musk to Jack Ma, failure is common.
Failure Teaches Resilience: It helps refine ideas, models, and leadership.
Pivoting is Normal: Many successful businesses arose from failed attempts.
Cultural Stigma: Societies that stigmatize failure hinder innovation.
Investors Respect Recovery: Experience with failure can enhance credibility.
Business is a journey of iterations, not a linear path to success.
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