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Why Serial Entrepreneurs Don’t Learn from Failure

Why Serial Entrepreneurs Don’t Learn from Failure | Juicing Business | Scoop.it

Everyone admires serial entrepreneurs for their pluck and persistence, but they pose a big risk for the investors who fund their dreams. Our research shows that instead of learning from mistakes, serial entrepreneurs are just as apt to be overoptimistic after failure as before.


Via Guillaume Decugis
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Guillaume Decugis's curator insight, June 6, 2013 9:48 PM

While I'm not sure I agree with everything these authors are writing (but hey, I'm biased...), I recognize a trait that serial entrereneurs have: what else that overoptimism can drive serial entrepreneurs?


Something I've realized several times is that many of my friends capitalized on their successes by moving from one job to another in a similar field (think successful banker in firm A moves to firm B to start similar practice or successful CFO in company C is recruited to undertake the same cost cutting / restructuring for company D).


I don't.


Don't take me wrong: I feel like I learned a lot from my first startup, probably even more from my second (which failed and led to our pivot) and now still every day.


I also became "bankable" from having a first success: I'm not naive about that. And I was able to raise money much more easily the second time than the first. 


But this is experience building, network building and not what I mean by capitalizing on your success. Very little rules that were true in my first startup (a B2B digital music platform for Mobile Operators called Musiwave) still applied for Goojet - which was still mobile but B2C and in a post-telco-domination world where the App Store ruled. I also often feel that the only reason Scoop.it has known success so far is because we reinvented ourselves by learning many things (lean startup concepts, design, social engagement, communities...). In a way, it felt a lot like starting from scratch - which is also what makes it fun (I know, I'm a contrarian...).


By chosing a job which is about inventing new things, serial entrepreneurs also have to re-invent themselves. And yes, overoptism is highly recommended in that case.

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Japanese Shoppers Buying Tomato Juice Like There’s No Tomorrow, Or Like There’s A Fat Tomorrow

Japanese Shoppers Buying Tomato Juice Like There’s No Tomorrow, Or Like There’s A Fat Tomorrow | Juicing Business | Scoop.it
Supermarkets all across Japan have been struggling to keep up with demand for that barely-tolerated gritty beverage known as tomato juice.  This is the latest i...

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Via Frank Kusters
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Red Pepper Juice | The Juice Nut

Red Pepper Juice | The Juice Nut | Juicing Business | Scoop.it
One cup of red pepper has 317% of your daily need of the powerful antioxidant, vitamin C, and almost 100% of your daily need of Vitamin A.
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Juicing Recommendations for Better Health

Juicing Recommendations for Better Health | Juicing Business | Scoop.it

Via coill hanngthrie
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coill hanngthrie's curator insight, February 21, 2013 5:23 PM
Selecting vegetables and fruit to prepare well-balanced, appetizing fresh beverage to have as a good snack or along with your meal. Techniques to get started juicing. Plus, link to tasty recipes.
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Juice Fast shopping list

Juice Fast shopping list | Juicing Business | Scoop.it

Read this outstanding article on a 10 Day Juice Diet. It is perfect with recipes and even a grocery list. I discovered the documentary Fat, Sick and Nearly Dead and have been aiming to do a good juicing plan for my health. I need to lose 30 pounds, and this should do it!


Via robert rogers
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Photo by healthy_mama • Instagram

Dessert Juice: carrots, tangelos, strawberries #juiceporn #juice #juicing #addictedtojuicing #addicted #cleaneating #cleanse #love #live #healthy #health #happy #dessert #instafit #inspire #iphoneonly #photooftheday #fruit #follow #vegetables #vegetarian #veganfood #me
healthy_mama's photo on Instagram (RT @PaperPoppy: Dessert Juice: carrots, tangelos, strawberries
#juiceporn #juice #juicing #addictedtojuicing #addicted… http://t.co/vSf9FwNR6t)...
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Yoga Detox for Busy Professionals

Health-care for business professionals effective stress relief and weight loss strategies. (Yoga Detox for Busy Professionals: Health-care for business professionals effective stress relief and weight l...
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