1. I encountered a few failures during this class. One of the main failures was that I knew what market I wanted to target and I knew the opportunity that I wanted to exploit, but I had a hard time coming up with a service or product to sell, which is a major concern. It was weird at first going through these assignments with an opportunity in mind but struggling to have a solid service even though I had some working ideas. I was able to pitch a few ideas through the various assignments we did until I was able to come up with a solution to my problem.
2. I came to realize that failure isn't the worst thing in the world and that it often leads to change in some way. As the assignments progressed, I was able to receive feedback, advice and ideas that helped me develop my service to exploit my chosen opportunity. Failure isn't the most comfortable thing to experience, but in some cases, it's the only way to grow.
3. I think I handled failure pretty well in this case as I was reassured failure is just another part of the process. I knew I had to be patient and stay the course to persevere my previous failures. This class changed my mind on failure, because that's the name of the game in entrepreneurship. The most important aspect that I learned was that it's all about how you respond to the failures and how you use the past experiences to move yourself forward. I would be willing to take greater risk now than I was at the start of this course with my new outlook on failure.
Hey Caelan,
ReplyDeleteI enjoyed reading your blog in regards to your take and opinions on celebrating failure. In my opinion, each person differs and everyone handles failure and the way you celebrate failure in a unique different way. I think you did a great job with the organization of the assignment and the way you detailed your thoughts. Like you, I definitely had encounters of issues in this class but I found a way to solve those complications. Overall, finding your rhythm and understanding that you could overcome those issues. Great post and details.
Caelan,
ReplyDeleteThank you for sharing your failure story with us. I know by heart how hard it is to talk about our own failures: one has to admit failure first! I have been reading your posts, and I can see from the outside how your venture concept crystalized over time. Obviously, I did not know how hard it was for you to define your idea in the beginning, but this post has helped me see your work from a completely different perspective. In retrospective I think you managed the uncertainty and lack of clarity very well and did not let the initial struggles to throw you off-track; your venture concept is the living proof of your determination. Congratulations!
Caelan,
ReplyDeleteI liked how you chose a problem that occurred in this very class. As a result, this was a lot more relatable for us commenters. I agree that this class provided us with invaluable resources and thinking methodologies that allowed us to think outside the box when it came to picking our target market and how to advertise our product.