Startup Failure Is Likely, but Its Lessons Can Become the Foundation of Your Next Venture
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Collected in Robin Shen’s Field Notes · Content type and attribution are shown above
English translation of the Chinese post originally published 2023-05-07. Translated 2026-10-31 with AI assistance. Historical figures and claims have not been updated or independently verified. 中文原文
Reading guide
After the FITI 2023 practice camp, Robin quotes Wang Xing: most teams present will probably fail in this venture—not a curse, but a lesson from experience. Prepare for failure. Being willing to work hard despite a high chance of failure is real passion, and failure still offers opportunities to learn. Robin adds that entrepreneurship is a process of self-refinement, learning, and growth. Experience accumulated through failure can become the foundation for the next venture.
Key points
- Startup failure is likely; prepare mentally for it.
- Working despite the possibility of failure shows real passion.
- Failure can still teach a great deal.
- Lessons from failure can become the foundation of the next venture—Robin.
Full text — English translation
These articles are personal notes, book excerpts, and collected reprints. Figures and events reflect the time of the original publication, are not current information, and do not constitute investment advice.
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