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I am not sure I agree with failure as a sign of mediocrity I can identify few empirical evidence to defy this

But then he is using the term "mediocre entrepreneur" to mean not Larry Page and Mark Zuckerberg! So ... heh

I think anyone who eventually succeed in creating a wonderful and successful business cannot be called mediocre

But I actually believe it is a good list to ponder upon ( to criticize, to agree and disagree with)



he is using the term "mediocre entrepreneur" to mean not Larry Page and Mark Zuckerberg

Yes, I agree. There are always a few outliers who by combination of luck, skill, and hard work (mostly luck though) hit a home run their first time at bat. "Mediocre" can mean "ordinary" or "unremarkable" and a history speckled with failures is pretty typical of most "ordinary" entrepreneurs. I find it actually encouraging, that someone with the admitted faults of procrastination, poor networking/social skills, and poor negotiating skills can still, eventually, find success.




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