Love me some Harvey Dent (via The Dark Knight):
Die a hero or live long enough to become a villain.
The biggest challenge that all entrepreneurs face (but never really consider heavily) as they embark on their quest to change the future and build unique products and companies is the aftermath of the venture’s failure.
In other words, what they should do when their startup crashes and burns and how they will handle the inevitability of the internet’s commentary about your failure.
I mean, failure is just what happens to the vast majority of startups and new projects. The percent that actually survive is so miniscule so you would think that starting one would cause most entrepreneurs to at least think about this, right?
Nope. We only think about it when the ashes of our ventures are smoldering around us and we begin to notice how much the world actually took notice and their opinions about your effort, the quality of who you are as a person, your character, and even why the good Lord almighty created you in the first place.
Yup, you hear it all as the very worst of humanity suddenly emerges to reign victorious over you and the corpse that was your startup. Social media has made this so “easy” to do and I hate what it does to my emotions and my psychological health.
And, if you keep building you will eventually be truly perceived as the villain. Better to win the first time and then disappear than try, try again.