{"id":2294,"date":"2010-09-20T14:45:26","date_gmt":"2010-09-20T21:45:26","guid":{"rendered":"tag:google.com,2005:reader\/item\/8f50f81eca06667a"},"modified":"2010-09-20T14:45:26","modified_gmt":"2010-09-20T21:45:26","slug":"when-entrepreneurs-call-it-quits-manylogue","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2010\/09\/when-entrepreneurs-call-it-quits-manylogue\/","title":{"rendered":"When entrepreneurs call it quits | manylogue"},"content":{"rendered":"<p>I am not an entrepreneur, but I don\u2019t think it\u2019s that simple.\u00a0 Entrepreneurship is all about overcoming the odds.\u00a0 I believe that if all entrepreneurs decided to quit when the data were telling them to, there would be very few successful startups.\u00a0 As Nicholas Nassim Taleb puts it in his insightful book \u201cThe Black Swan\u201d, \u201csome blindness to the odds or an obsession with their own positive Black Swan is necessary for entrepreneurs to function\u201d.<\/p>\n<p>My guess is that entrepreneurs decide to call it quits when they just don\u2019t \u201cfeel\u201d it anymore; when deep inside their gut feeling and their undaunted optimism are just not there anymore; when they don\u2019t have the strength to dismiss another round of gloomy data as yet another obstacle to overcome; when they themselves lose faith in the ultimate success of what they are doing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am not an entrepreneur, but I don\u2019t think it\u2019s that simple.\u00a0 Entrepreneurship is all about overcoming the odds.\u00a0 I believe that if all entrepreneurs decided to quit when the data were telling them to, there would be very few successful startups&#8230;<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2294","post","type-post","status-publish","format-standard","hentry","category-feeds"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/2294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=2294"}],"version-history":[{"count":0,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/2294\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=2294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=2294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=2294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}