{"id":45176,"date":"2019-02-14T16:00:59","date_gmt":"2019-02-14T15:00:59","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=45176"},"modified":"2019-02-14T12:39:07","modified_gmt":"2019-02-14T11:39:07","slug":"fear-of-failure-inhibits-start-up-activity","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/45176\/fear-of-failure-inhibits-start-up-activity\/","title":{"rendered":"Fear of failure inhibits start-up activity"},"content":{"rendered":"

Fuck-up nights and fail culture \u2014 in the startup scene, failure doesn't seem to be a problem. Upon closer inspection, however, the fear of failure can also inhibit startup activities. According to KfW<\/a> In Germany, this fear is even more pronounced than elsewhere. Early imparting of entrepreneurial and economic knowledge can help.\u00a0<\/strong><\/p>\n

Do. Fail. Learn. Repeat. \u2014 Failure is part of starting a business. Get up and keep going. That's often the message in the startup scene. Nevertheless, the fear of failure inhibits many potential founders in Germany. The reasons for this are manifold: primarily the fear of financial burden and personal disappointment, but concerns about legal consequences and the threat of unemployment also play a major role. The fear of stigmatization, on the other hand, is hardly significant. While the stigmatization of being a failed entrepreneur does exist in Germany, according to KfW Research<\/a> not perceived as a broad social phenomenon.<\/p>\n

So how do you overcome the fear of failure?<\/h3>\n

The number of start-up activities in Germany has been declining for years. This is partly due to the strong labor market\u2014which has also been the case for years. However, innovative start-ups are important for Germany as a business location to remain competitive internationally.<\/p>\n

To make starting a business more attractive again, more intensive teaching of entrepreneurial and economic knowledge could help potential founders better assess the risk of failure and reduce their fears to some extent\u2014an educational foundation that should be established early on. This approach is being pursued by, among others, GO! start-up initiative<\/a>, which was launched by the Federal Ministry for Economic Affairs and Energy and aims to instill more entrepreneurial spirit in schools. Initiatives such as the Startup Teens<\/a> can make an important contribution in this context.<\/p>\n

\n

To the complete KfW research document \u201cGermany as a location for start-ups: countering fear of failure with better basic economic education.\u201d<\/a><\/em><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Fuck-up nights and fail culture\u2014failure doesn't seem to be a problem in the startup scene. Upon closer inspection, however, the fear of failure can also inhibit startup activity. According to KfW, this fear is even more pronounced in Germany than elsewhere. Early imparting of entrepreneurial and economic knowledge can help. Do. Fail. Learn. \u2026<\/p>","protected":false},"author":24,"featured_media":45194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1,5635],"tags":[247,157],"acf":[],"yoast_head":"\nAngst vor dem Scheitern hemmt Gr\u00fcndungs\u00adt\u00e4tigkeit - Munich Startup<\/title>\n<meta name=\"description\" content=\"In der Startup-Szene scheint Scheitern kein Problem zu sein. Die Angst vor dem Scheitern kann aber auch Gr\u00fcndungst\u00e4tigkeiten hemmen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/45176\/fear-of-failure-inhibits-start-up-activity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angst vor dem Scheitern hemmt Gr\u00fcndungs\u00adt\u00e4tigkeit - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"In der Startup-Szene scheint Scheitern kein Problem zu sein. 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