Many entrepreneurs shy away from revealing their failures, even if those failures proved to their stepping stones to success. Founder of DrinkSpot, Nick Crang, on the other hand, candidly shares why he was left with a burning hole in his pocket and what he learned from the frustrating experiences he was faced with throughout his startup journey.
Many would-be entrepreneurs are held back by the fear of failure. But successful entrepreneurs embrace failure as a learning experience. The simple formula to achieving this mindset is to view everything as an experiment and avoid labelling imperfect outcomes as ‘failures’.