Entrepreneurs In Training | Fail Your Way To A Freedom Lifestyle | Create Online Businesses

Shownotes at http://www.entrepreneursintraining.net/33-fail-first/ Failure is a hot topic in entrepreneurship right now. Heck, our tagline here is "Fail Your Way to Freedom", as you see above. But of course failure is hard and nobody enjoys it. Maybe that's why the lean startup method focuses on maximizing failure rate (to improve your product as quickly as possible). But we all experience failure. Successful or famous entrepreneurs are no different. Get out your famous entrepreneurs list. Look it over. Those can all be filed under "entrepreneur success stories." But they should also be filed under "entrepreneur failure stories." Successful entrepreneurs possess resilience. It's evident when you consider how many have failed and recovered on their way into history books. In the podcast I discuss three examples. Here are brief summaries: A Bill Gates Failure You know the company Traf-O-Data, right? Neither do I. That's because it was Bill Gates failed attempt to start a business. The ideas was to process and a