Understanding Failure in Social Enterprise
According to some estimates, an average of 75 percent of new companies shut down – often during their first two years of life – and social enterprise is no exception. But though failure is a hallmark of the entrepreneur experience, it’s not a popular topic of conversation – particularly among the failed businesspeople themselves. That’s understandable, but it’s also counterproductive, since it robs other entrepreneurs of the opportunity to learn from these failures in a systematic way – and perhaps to avoid failures of their own. In this series, published in collaboration with F*ckUp Nights, social entrepreneurs discuss their failures, and what they’ve learned.