Failure is harsh, unforgiving and brutal. Failure doesn’t see skin color, ethnicity or socio-economic background. It’s an equal-opportunity offender and is always lurking just around the corner. As an entrepreneur, the likelihood that your company will be worth US$1-billion one day is less than 1 in 10 000, or 0.0001%. Even for the ones that just do “okay”, the attrition rate of startups in the US is roughly 50%.
If you’re going to build a business, or go into business for yourself, you’re signing up for some sort of failure. But that’s a good thing!Wait, what?
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