Skip to main content

Failed Entrepreneur contribution can be more valuable than the successful one's

We as normal human beings are always enamored by the success stories of entrepreneurs who have made big in the business world

Well YES there stories can be very inspiring or motivating enough for any wanna be entrepreneurs to emulate 

Thanks to all the online as well as offline media making them hero's of there achievements

Has anyone thought, that there is a very large chunk of failed entrepreneurs , who despite of giving all there professional might  have not make it big. Do we even think about 

  • Why they failed
  • What mistakes they made
  • How costly it would have been for them to make those mistakes
  • What mental & physical trauma they would have faced for their failures

Unfortunately none of the media or forums talk about them , they are not today's hero's as no want to be associated with a failed entrepreneur





Imagine a scenario where all the wanna be entrepreneurs learn from these so called unsuccessful entrepreneurs as to what mistakes they did , some key important lessons on what not to do in entrepreneurship etc...

It would have been so much better for the whole startup ecosystem to reduce failure rate in entrepreneurship


It is very easy to follow successful people but very difficult to follow unsuccessful one's , after all learning from other's mistake & follow it in your own business life is not easy

Real Hero's are entrepreneurs who teaches WHAT NOT TO DO rather than WHAT TO DO  

Comments

Popular posts from this blog

Why should Startups look at unsuccessful entrepreneurs as business mentors?

Entrepreneurs, particularly startup entrepreneurs are risk takers. We do not conform to the norms of safe play but are always on the lookout to push the boundary of trade and commerce to develop new opportunities and markets sometimes even where none exist.


We know that failure is the stepping stone to success and are not deterred by our own failures but press on towards our goal with single minded determination and take the help of people who have got the experience and calibre to help us.
So why is it that we do not even think of taking the help of people who have done it and seen it all but were unable to achieve their goal. Yes we are talking about unsuccessful entrepreneurs!
Anyone who embarks on the entrepreneurial journey dreams of his startup achieving great heights in the days to come but the unsavoury reality is that 90% of startups in India fail within the first 5 years.
They fail not because of want of dedication, effort or enthusiasm but despite that due to common mistakes …

Outsourced CMO is no more a path less trodden

Money View, one of the fastest growing start-up in consumer lending space with over 10m app downloads till date, joins the growing family of Outsourced CMO.
But what made Money View, which already had a fully functional and successful marketing team, hire us? Instead of opting for a more conventional route of hiring a CMO? Because only Outsourced CMO, by virtue of our unique model, is able to offer the perfect blend of CMO function and marketing consultancy. And most young organisations growing at phenomenal pace will not only need a robust marketing function but also a strong external, perspective with extensive multi-sector experience.
Outsourced CMO has over the years been able to successfully resolve the pain point of startups / SME of hiring senior experienced marketing professionals at an affordable cost which has benefited  these companies to control the ballooning resource cost.
OCMO has demonstrated its capability to handle the entire marketing function of companies, from strate…

4 long years of Painful yet Successful journey of "Outsourced CMO"

It has been 4 long years since I made the life-changing yet the most difficult decision of my life, the decision of leaving a completely stable, well-paying job & the last one from the major business conglomerate of India ,to work on a completely unique, least known concept. The decision of leaving the well-paying job proved to be even more difficult, especially if you are the only earning member in the family, with retired parents and several mouths to feed, taking care of various loans stacking up, which is the true scenario in my case. Amidst all these, doubt and anxiety were at its peak as entrepreneurship appeared as an alien term after giving more than two decades to the corporate world. Self confidence and faith on the concept of "Outsourced CMO" was the only driving force to keep me motivated through the journey as I was confident that the concept of “Outsourced CMO" is the much-needed concept in the world of SME/ Startups, as it's an expensive business fo…