Failure As A Badge Of Honor?
from the not-so-much-any-more dept
Business Week has an article about how failure in the new economy can be seen as a "badge of honor" these days. I'll admit that it's not exactly shameful, and a lot of people have no problem saying that they've been laid off, but I don't think it's much of a badge of honor any more. I had seen stories like this a couple of years ago saying that failing in the new economy was no big deal and some venture capitalists even wanted you to have one failure under your belt. However, these days, a lot of old economy companies seem to be looking at the "failed" dot com crowd with disdain. It's no longer, "oh look at the risk taker". It's now "what the hell were you thinking?". I've been hearing stories from folks who bounced around the so-called "new economy" who are having trouble finding jobs because the older economy companies they're talking to think they didn't have enough common sense to realize that online pet store job they took was (1) ridiculous and (2) with an overly inflated title.
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After the gold rush
The dot-com bubble equates to a gold rush... everyone looking to get rich overnight, and only a few people profiting from it (namely CEO's with hefty severance packages). Everyone else is left with a worthless plot.
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Failure as a Badge of Courage
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