Q: Best lesson learned on how to deal with failure?
Gleb: Acknowledge. Learn. Then move on. As entrepreneurs we aim to succeed, but know that we must take risks to do that and risk implies a chance of failure. When that failure happens – acknowledge that the team tried, but we failed. Learn what you can from the experience. (I sometimes even like to blog about it, such as about our “almost acquisition” post.) Then move on – most failures are less impactful than they feel.
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Thursday, October 4, 2012
"Most failures are less impactful than they feel"
From a FailCon interview with Gleb Budman, CEO of BackBlaze, an online storage provider. The entire interview is great and I encourage you to read it on the FailCon site. But I couldn't resist this nugget: