Why failing can help build business – Lessons from 9 entrepreneurs

Why failing can help build business – Lessons from 9 entrepreneurs

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Global Agenda





Better Business























Failure can lead to important takeaways.





Image: UNSPLASH/Ryoji Iwata





















30 Nov 2021







Saemoon Yoon

Community Lead, Technology Pioneers, World Economic Forum

























It is widely known that the default state of a startup is failure.

90% of startups and 75% of venture-backed startups fail.

But failing doesn't mean losing: Here are the lessons from 9 entrepreneurs on why failure can help build business.



The reasons vary from wrong product market fit, depletion of capital, bad partnership, regulatory hurdles to bad hiring and many more. These factors often function as multipliers