Rashmi Ranjan Padhy | Ideas and Strategy

Failure is as important as success. And the sooner you fail, the sooner you will learn. Failure is indeed a pillar of success for every startup.

Two years back I had an idea and I was desperate to get it started. Good that I didnot or rather could not start it. When I sit and think about those days, I say to myself, God, I didn’t know any thing then about starting up, yet thought I could conquer the world with my ideas. I do not know anything now also, but the difference is, I know I do not know any thing now.

My first website launch was World IT Day. It was built more or less around the concept of million dollar home page, with a purpose. I still like the idea and some good hearts have praised the idea as well. Needless to say, it bombed and then I had no clue why. This article actually summarizes everything I went thru and the reason why it bombed.

But still I would say it as a complete failure. It taught me more than any book, article or blog could not taught me. I learnt so many things between then and now, that I consider myself a fool when I started the idea. The best way to learn is to try and fail. If you do not fail, you will succeed. But if you do not try, you will neither succeed nor learn.

My experience of my first startup has humbled me, has taught many important facts which can not be explained. I have gone thru the emotional ride and come out of it. I am more calm, composed and take every step with precise calculation. What is most important, I am ready to fail again but I am not going to stop trying.

If you are looking to startup, if you have an idea, my suggestion to you is go ahead and do it. You will either succeed or learn, but you will not lose anything. My success strategy is to keep trying.