But longtime observers know, “The Google” starts and acquires lots of products (and products that were actually features) that never really catch on. Google products fail, in other words. All the time. But that’s okay. You’re not learning if you’re not failing.
Rex Hammock
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.
I agree, one does need to fail to succeed. At its root, I think the Google example is a good one although there are many factors to consider.
Google has the capital to fail 8 days a week, they’ll also purchase companies whose services they never intend on releasing to the public for sheer sake of clearing a new market place of competitors.
Thanks for your thoughts, Chris. This is part of our ongoing series on failure. To be a successful entrepreneur, you must be willing to face the possibility of failure. We feel like it’s terrible to fail, when actually it’s a sign of activity.