- “I knew a guy with passion to be a pro golfer and the brain to be a great accountant. He followed his passion. He’s homeless now.” – Scott Adams (tweet)
Some people just don’t know when to quit (especially some prominent politicians).
Entrepreneurship has romanticised failure like it is some ceremonial hazing from which you emerge a bit bruised or maybe humiliated but inducted into the fraternity of successful business leaders. You don’t get too many articles regaling the hospitalisations and virtual deaths of this failure ritual. One rare account is Ali Mese’s piece “How quitting my corporate job for my startup dream f*cked my life up”.
He asks some critical questions for those who choose to embrace the failure so indelibly imbued in entrepreneurship…
- Are you ready for the social pressure? (echoes of “Nobody Cares – Population 6 Billion”)
- Are you single or do you have an extremely supportive partner?
- Do you have enough cash to last at least a year?
- Are you ready to sleep only few hours a day?
- How do you define success?
Mese goes on to observe:
- “As if the social pressure and loneliness were not enough, I was meeting the mother of all stresses: running out of cash much faster than I had imagined. This was killing my productivity and ability to make proper decisions. I was panicking and rushing to be successful and to make money.”
Yes, entrepreneurship is a great classroom for the lessons of embracing failure. But sometimes, graduating with honours means dropping out altogether.