Embracing Risk
Founders should prioritize racing towards venture scale rather than merely keeping the lights on. Investors often understand the inherent risks of their investments and prefer to see entrepreneurs pivot to their next idea rather than dwell on failures. Embracing the possibility of failure as part of the journey can lead to growth and future opportunities.In this clip
From this podcast
The Startup Podcast
Edu: Knowing When To Quit - Is It The Right Time To Shut Down Your Startup?
Related Questions
How do startup founders think about risk, as discussed in the episode 5 ways to build your tolerance for risk and the clip Embracing Risk, as well as in episode 207: Reid Hoffman | Mastering Your Scale for the Unexpected Part One and the clip Passion vs. Reality, and in The Mark Zuckerberg Interview and the clip Startup Flexibility?
Are startup founders overly optimistic in the episode Failure is a choose-your-own adventure for startups (re-run) and the clip Startup Reality Check?