Nine of every ten startups fail, but does that mean these entrepreneurs are unworthy? Many oblige to list a failed start-up on their resume, because in their subliminal it is discouraging. Quora has few of the best answers for the underlying question, but I want to quote my own here.
This is the era of startups. With gallons of ideas flooding the industry, be them to solve one of the world’s hassles or to mint money, many don’t come up to scratch for a variety of reasons. These so-called “unsuccessful entrepreneurs” are often left with two legible choices — either to start over or to jump into the job seeking society accepting a steady buck.
While adopting the later, plenty face the ambiguity whether or not to
include the superstitiously dreaded sin which they have committed. But
believe me, the corporate is sure to get impressed with a rightly
portrayed failed venture in your resume. Here is why.
No person takes up as much responsibility as an entrepreneur with a small staff and a colossal work. Those few people who work on their startup manage everything from HR to PR and from coding to maintenance, experiencing every aspect of a business.
Have your talent shine in the resume, highlight the diversity in your skills making the recruiter trust you with every assignment.
Power to Influence
The skill to influence is vital to appeal and sell products in the market, as well while handling a crowd in the project. A project manager must have the talent to bring order from chaos and assign work to the people by the sheer of his influence.
It is the same expertise an entrepreneur utilizes to gain the financial support. Jot it down as one of your strong points if you were successful in gaining the needed cash for your start-up. The firms need more people like you.
Ability to Accept The Undesirable
Working on the odds, even understanding the probability of failure, you chose to embrace the start-up world. Entrepreneurs experience an exciting new venture everyday as no one ever knows what’s coming up ahead – be it the mellows or a survival run for the stake.
Being flexible and agile is the manifestation of your talent to
accept any type of workflow, invoking the desirable in the competition.
Failure is the stepping stone to success. With some realization and introspection, it becomes easy to mark the mistakes and carve out ways to do things differently – in a more client-friendly manner.
Many entrepreneurs tend to be realistic, practical and experienced
enough to mentor the young minds in the company. Investigate the lessons
you’ve learnt and know how you would do things this time around.
“I’d say 100% of the interviewers were curious to learn about my start-up experience.” – Answer by James Hu, on Quora
List out the mistakes and share your learning experience, watch how your failures transform into success.
Now that you have the answer, it is time to turn your fortune around with the failed startup on your resume.