The founders of startups share how they worn from failure

The founders of startups face tremendous pressure to achieve success, but it may be difficult to give up a failed work and find success yet.

The construction of the startup was always risky. Since 1994, the five -year survival rate has been intense for small companies in the United States, slightly over 50 %, according to Work Statistics Office. By 2018, the five -year survival rate was 57.3 %.

Serial entrepreneur Ismail Dinainine knows how to feel failed, after he was in the game for more than a decade.

He established many works-two failures, then three successes-recently participated in establishing his latest company, Evergive, a non-profit organization that invests in Bitcoin to install donations.

Dinhenin described his early failures, which he witnessed that his first two companies within a few years, are painful.

“I certainly suffered from this pressure that I put on myself because of the financial restrictions that I had in my personal life … No one could press me at that stage more than I put on myself,” he said.

Duninine said he was able to learn from these failures, and his next works brought millions of revenues before he got out of them. But even working on these companies began to feel “without spirit and hollow after a while,” he added.

Entrepreneurship is often sold as something from Utopia – not reinforced from bureaucracy and corporate life policy. But over the past few decades, the founder’s life has also become synonymous with Culture of crowding.

The start -up scene in the Silicon Valley work myth legends for seven days, while technology companies in China are notorious 996 Culture Work from 9 am to 9 pm, six days a week.

How can the founders-who are accustomed to this comprehensive life and high pressure-from failure?

A 2024 studiesLed by the Rutgers College of Business, she sent a fake CV to 219 people with experience in employing companies. Fictional applications had identical qualifications, but some were former business owners.

She found that the recruits were less likely to recommend former business owners, in what is described as a “entrepreneurial penalty” in the study. Recruits seemed to be more frequent in employing a usual person, to be his own boss and work independently.

However, Alain Rapallo Public Specialist said that the founders can make the best employees.

Rapalo left his role as public relations manager to start his own agency in 2021, but he returned to the lives of employees after only three years.

He said that entrepreneurship is an advantage, “because when you are founded and work alone, if you exceed that first year, you have done every role by any company on a smaller scale, but you did so largely.”

Rapalo said the business administration also sharpens skills such as multiple tasks and time management.

He added: “startups, but (as an employee) does not necessarily do every job. You do not have a business development mindset. You usually have a customer care or account.”

Producer Clavines agreed that his understanding of many job functions is what made him his current role.

He said that being an employee was also an important lesson in humility, as he canceled the ego and allowed him to start fresh.