Lesson: Fail Often, Fail Fast

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One of our favorite thinkers, Nasim Nicholas Taleb, calls this tinkering — the iterative process by which ideas and actions can take root and become successful. Evolution is a wonderful example of this tinkering — repetitive failure and incremental progress. Many entrepreneurs in Silicon Valley take this to heart. Tech entrepreneur, Michele Serro, describes some key elements to successful tinkering below. From the Wall Street Journal: If there was ever a cliche about entrepreneurialism, it’s this: Joe or Jane McEntrepreneur were trying to book a flight/find flattering support garments/rent a car and were profoundly dissatisfied with the experience. Incensed, they set out to design a better way — and did, earning millions in the process. It seems that, for entrepreneurs, it’s dissatisfaction rather than necessity that is the mother of invention. And while this cliche certainly has its foundation in truth, it’s woefully incomplete. The full truth is, the average… Read more