Whereas an idea or a CV cannot predict whether a company will succeed, following entrepreneurial methods significantly increases the likelihood of success.

All entrepreneurs are just risk takers, looking for a thrill and don’t care if they lose all their money.

If you want to be a smart entrepreneur, you better take the potential of failure into account so that you can manage it as part of the process.

While the startup may fail, the entrepreneur may still go on. Very often success is outliving failures and accumulating learnings.