Why Failure in Silicon Valley is Different

What I see as the difference between failure in Silicon Valley and why failure is treasured there… That many people have a very very big misunderstanding why failure is treasured there because you have lots of talented people there, and when they get there the first thing that happens is that they are often involved in a failure…

 They are too cocky when they arrive, they believe they know things and have no idea of what they do not know, so they often fail quickly unless they join some experienced people and learn and see what they do…

And that is a little bit like you climb up on a wall without harnesses and so forth and you cannot get too far before you fall down, so you can’t injure yourself too bad… But people in startups that fail, they as I say, have a sudden meeting with a cast iron frying pan on their nose and find out what the results are by being ignorant and not respecting the risks & dangers and not knowing about them…

Inside the frying pan is a huge humble pie that they will have to eat… And the smart ones, the intelligent ones, they eat the humble pie, learn the lessons and try again with a better understanding of what to watch out for and they are better prepared… Which increases chances of success…

Sometimes even very intelligent people go through that loop a couple of times before they are ready for the big time…

And it’s almost necessary to learn that way… And when you have gotten that cast iron frying pan on your nose a few times as most of the people that are very successful have.. Steve Jobs got a humbling experience when he was booted out of apple.. I’ve had a lot of humbling experiences in my life..

So when people say you should be humble, the very best people are humble because they know that the reality is that they cannot be certain of things… They know they are up against intelligent people that may beat them, they are confident because they know they are well prepared but they are not certain…

And that is what I think many people misunderstand…

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