I have just read a post by Jessica Lewis on LinkedIn group ‘Online Visibility Boost for Entrepreneurs’ ( http://www.linkedin.com/groups/Entrepreneurship-Business-Strategy-Dealing-Failure-3987482.S.236007402?view=&gid=3987482&type=member&item=236007402&trk=eml-anet_dig-b_nd-pst_ttle-cn).. The post discusses some serious issues that entrepreneurs must face when their venture fails. This is a subject that all entrepreneurs have tucked away in the back of their mind, hoping never to have to drag it out. I also dealt with this subject in my very recently published eBook: ​‘The Venture Capital MasterClass: everything you always wanted to know about raising equity capital … but until now, you had no one to ask‘ (https://chironthebusinessdoctor.com/the-venture-capital-masterclass/). I had a slightly different slant on the subject, but we each reached virtually the same conclusion.

The simple fact is that there is no glamour and no glory in failure! Continue reading →