What I learned about Failure after 26 Years of Research at Harvard |Tom Eisenmann
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- Опубликовано: 24 июл 2024
- Hello, I'm Yunjoo Shin, the producer at EO.
Today, our topic is the often-overlooked aspect of startups: failures.
While we frequently hear about the success stories of startups, the world of business is also filled with untold stories of failure. In fact, statistics suggest that more than two-thirds of startup ventures ultimately meet with failure. This means that, statistically speaking, your own startup is at risk of encountering setbacks as well.
Tom Eisenmann is a professor of Entrepreneurship at Harvard Business School, who is often referred to as "the Professor of Failure”. Tom has dedicated the past decade to researching the common patterns that lead to startup failures, as well as how these pitfalls can be avoided. His findings are encapsulated in his book, "Why Startups Fail," which offers a comprehensive insight into the world of startup failures.
Let's explore how Tom emphasizes the importance of learning from these failures.
02:00 Good Failure vs Bad Failure
02:45 Early Startups Failure Pattern
08:34 Learning from Failures
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Subtitles for this video were created using [XL8.ai](xl8.ai/) machine translation.
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Hello! I'm Yunjoo Shin, the producer of this video. We've experimented with a fresh interview style this time around. We would greatly appreciate your feedback on this approach. Thank you for sharing your thoughts! 😊🎥
Wonderful Format.
This is great.
I like the format. And it’s very educative. Thanks for producing such valuable content
2:07 A good failure is when the entreprenuer has hypothesis.
2:41 Bad failure is when you make thiese mistakes that are in your control and could have been avoided.
8:48 Leraning from personal failure is much more powerful.
9:44 The important thing for the entreprenuer to learn from failure is to let strong emotions settle down.
10:54 When you(founder) take too much responsibility, you're not probably going to launch another venture. 🤓
Amazing work! So many insights in such a short video! Keep it up!
I think it's okay to listen to theory, as long as it's the result of in depth of business researches. But the better is interviewing the founder, it creates bigger impact because we have in common
Great content! Thank you for sharing diverse perspective EO :) Inspiring!
Amazing work by EO team.
계속 ㄱ ㄱ 화이팅입니다! 귀한 콘텐츠 감사합니다!
Hello the format is quite interesting just I prefer the old format 🤩
Thanks
can you share us in a written formant
-Taught by someone who has never been an entrepreneur and never failed in life.
😂😂
Taught by someone who spent a life time studying failure :)
@@baldebalde9790 ik that but just pointing out the irony.
You can study your whole life the failure and bla bla and yet come out p***y 🫠 during execution.
There's something to be learned from everyone, including the professor featured here, who has dedicated over a decade to coaching, investment, and research startups. Think about the startup scene without individuals like Tom. Those who mock and ridicule others will not progress, my friend. Look at the world positively
Please don't include academic people to this community. Thanks
Good entrepreneur enlightenment video on web3