At NameBio there are a few different professional circles that we float between. We’re heavy into domains obviously, but we’re also involved with IT startups.
Our friends at FounderFuel, a Canadian startup accelerator & TechStars affiliate based out of Montreal are 3 weeks into their second cohort. They’ve been blogging about the experience it as they go. Now, being a startup accelerator FounderFuel’s blog is startup focused, but the parallels between IT startups and the domain business are very strong.
A number of days ago our friends made a post that has a lot of relevance to all small business owners “Sometimes when you innovate, you make mistakes.” It’s well worth the read and has a great graphic that one of the FounderFuel team members created.
Below is a short excerpt, I encourage everyone to read the full post!
Making mistakes is inevitable. When kids learn to ride their bikes, they’re going to fall off. I sure as hell did. But I learned from my mistake and now, riding a bike is, well, as easy as riding a bike. Once you learn how to ride a bike, you don’t make the mistake of falling off it again. Riding a bike isn’t the most valuable skill, but making mistakes much bigger than falling off a bike can mean acquiring invaluable skills and significantly improving not just your business, but your own worth as well.