What's the most valuable lesson you've learned from a failed startup or business venture?

Question

Davide Alfieri · Accepted Answer

do not insist on what is not working :/

Serhii Uspenskyi · Answer

Think ahead a lot.

Nancy Powell · Answer

I had to learn the hard way how important consumer validation is. Building something nobody will use is pointless.

Answer

The most valuable lesson I've learned from a failed startup venture is that resilience is key; the ability to face setbacks with a positive attitude, learn from mistakes, and pivot when necessary are crucial elements to eventual success in entrepreneurship.

Adan Della-Vecchia · Answer

@davide_alfieri Testing is crucial, but uncertainty remains even after thorough evaluation. you are right.

Adan Della-Vecchia · Answer

@nancypowpow True. At the end of the day you need paying customers.

Adan Della-Vecchia · Answer

@charlhill88 I Agree! Resilience, learning, and adaptability are vital.

Adan Della-Vecchia · Answer

@serhii_uspenskyi Yes! Anticipating and planing for the future can be a crucial point.

What's the most valuable lesson you've learned from a failed startup or business venture?

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