Answered Essay: Why might an investor prefer a CEO who had failed in the past?

Why might an investor prefer a CEO who had failed in the past?

Expert Answer

Answer

Failiure gives hunger. More Hunger. An investor will look to hire a failed CEO for the following reasons-

1. THEY AREN’T AFRAID TO TAKE RISKS

You need someone who isn’t afraid to make crazy calls and maybe even say the wrong thing.

2. THEY LEARN QUICKLY

They are able to pick things up really quickly.

3. THEY KNOW HOW TO TALK TO CUSTOMERS

A failed CEO generally has a certain personality which is tenacious. Startup founders, regardless of their success rates, often have this qualities.

Failure shapes the strongest candidates. When you make a mistake, you’re forced to look back and find out exactly where you went wrong, and formulate a new plan for your next attempt. By contrast, when you succeed, you don’t always know exactly what you did right that made you successful.

The strongest reasons of an investors decision will be-

Benefit #1 – Failure offers a tangible representation of what can be done better.

Sometimes we don’t know what will work until we’ve made a few attempts. The result of those attempts – even if they were embarrassingly off track – can offer a visual representation of what needs to adjusted for next time.

You might spend hours mulling over an idea, but our mind isn’t always able to see the full picture without the aid of our hands actually doing the work. So do the proper planning, but consider failure a part of the necessary process to determining a solution or a viable idea.

Benefit #2 – Failure offers time for reflection.

If we were always moving full speed ahead towards our view of success, we might not take the time to look around and readjust our course. Just because you are able to be successful in a particular endeavor or career field doesn’t mean that it’s right for you.

Failure is sometimes just the Universe’s way of telling us to look around and make sure we are dedicated enough to the path we are on to keep on truckin’. If we aren’t where we need or want to be, it’s the perfect time to readjust the sails and move in another direction.

Benefit #3 – Failure can offer motivation to keep moving forward.

Think about the goals you’ve set out to achieve and been successful at. I’d guess that the ones fraught with the most trials and tribulations are the ones you are most proud of achieving, right?

The truth is if we are truly committed to seeing a goal through to the end, we are motivated by failure, even inspired by it. Failure can provide a spark that pushes us towards finding a solution or coming up with an idea that managed to elude us before that moment.

Benefit #4 – Your failure can offer powerful insight to those around you.

We are often very reluctant to share our failures with others because we are allowing ourselves to be vulnerable to criticism. But the truth is, being open about failure allows others to collect on the lessons we learned ourselves, and in speaking about it, we are more likely to become aware of what all of the takeaways were.

We learn a great deal about life from the experiences of others, so the collective experience of failure among the entire human race allows us to steer our lives down a more positive, productive path. Therefore, there is no failure that doesn’t have the ability to help someone, somewhere.

Benefit #5 – Failure can help you to confront fear head on.

For many of us, failure is our greatest fear. So once we’ve allowed ourselves to fail repeatedly, the fear doesn’t seem quite so powerful.

And, of course, if you come to terms with failure and that was your greatest fear, that would make all other fears more than manageable – kind of like killing multiple birds with one stone, right?!

Often times we build failure up to be something catastrophic, when in reality, we always have a way of readjusting, correcting course and finding our way back to a more positive place. Life is always changing and we are always capable of pulling ourselves out of any seemingly life-shattering situation.

In addition, failure is neither positive nor negative. It’s the fear that allows it to be painted as such.

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

HOW OUR ONLINE ESSAY WRITING SERVICE WORKS

Let us write that nagging essay.

STEP 1

Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.

STEP 2

Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.

STEP 3

Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.

STEP 4

Receive your Paper

After Editing, your paper will be sent to you via email.