Though a successful entrepreneur by any measure, at BIF-7 Angus Davis talked repeatedly about failure. Like Graham Milner who emphasized that innovation can take multiple tries (sometimes 40!) before a breakthrough, Angus went even further and indicated that the secret to success is failure and managing your fear of it.
In this context, failure is to be expected and even embraced. It's an interesting notion -- and given that Angus has been failing (and then succeeding) since the early days of the Internet when he worked at Netscape as an intern -- I don't doubt the veracity of the claim. I do wonder though if this might suggest that some people are more likely to succeed at entrepreneurship and innovation not so much because of attributes like creativity or imagination, but because of a heightened capacity to accept failure and move on.
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This is part of my 31 (More) Days of #BIF7 blog series.