Table Of ContentFor Sereena, and all the little girls out there; don’t be afraid to fail. Be afraid
to not.
This is primarily a work of non-fiction. Some names, locations
and detailshave been changed to protect people’s identities.
Wherever possiblefor me to confirm details, I have done so,
butmost of this book is based on my memory. GeoffDyer once
wrote, ‘Memory has a spottiness as if thefilm was sprinkled with
developer instead of immersed in it.’My story is true to my
recollection of the eventsas they took place, but my confidence in
the accuracyof my memory is impossibly high. I apologize in
advanceto anyone whose memory film does not match up
withmine. Namaste.
‘I continue to find my greatest pleasure, and so my
reward, in the work that precedes what the world calls
success.’
— Thomas A. Edison
CONTENTS
Introduction
Prologue
Chapter One
Chapter Two
Chapter Three
Chapter Four
Chapter Five
Chapter Six
Chapter Seven
Chapter Eight
Chapter Nine
Chapter Ten
Epilogue
Acknowledgements
About the Book
About the Author
Copyright
Introduction
When I first started working on this book, I thought it would be one of
those how-to-find-success-in-startups-and-in-life kind of books. I
thought I’d write about how I overcame adversity and failure and stepped
out of the startup boxing ring with my head held high and my chest puffed
out, jumping around like Rocky Balboa in Rocky III. I thought I would
have found the magical pot of success – gold at the end of the failure –
rainbow by now. I thought I would tell you about how I did it and how
you can too.
Then I started the research. I picked up one book after another that said
exactly that: 10 steps to startup success! Follow these rules to build a great
company! Here’s how Steve Jobs did it. Learn from the best! But I had read
many of these books while I was building my startup, and none of them
helped me one bit back then.
These kinds of books were all trying to give me, the entrepreneur,
pointers, to help me see potholes before I stepped into them, and give me
answers to questions I didn’t have yet. None of them helped me avoid
failure, though. Worse, every single one was written by someone who had
ultimately succeeded to grow or sell their business. None of them shut
down, walked away, nor admitted to colossal loss.
I realized there was no way to help a budding entrepreneur avoid failure.
It was inevitable, it would be painful, and it was, in fact, necessary for each
of us to go through. My failures were the hardest moments of my life, but
they shaped me 100 times more than my successes ever did. Even the final
one.
So, I knew I would have to write about failure in my book. How could I
write about my failures though? I was raised to hide my failures in a dark
corner and shine a light on my successes. That was how I would climb the
imaginary ladder to enduring success. I couldn’t possibly tell the world, or
even you, the one person who stumbled upon this book amongst the
hundreds of others on the Amazon and Flipkart shelves, that I had failed.
What would people say?
What was worse was how painful it was to relive those memories of
failure while writing my book. Every time I sat down to write a story about
how I failed in hiring, marketing, sales, fundraising, leadership, friendship,
or even firing people, my hands froze and my heart yearned for me to run
away from the page.
I have always had a deep and debilitating fear of failure. But my fear of
people knowing I had failed was even more paralyzing.
It turned out that my memories of my failures were what psychologist
Ulric Neisser calls flashbulb memories – memories of shocking, emotional
events that leave a particularly vivid imprint on your mind. William James,
the father of American psychology, once described these imprints in 1890 as
‘so exciting emotionally as almost to leave a scar upon the cerebral tissues’.
The memories are so detailed and vivid that it’s almost like a picture taken
with a flashbulb, Elizabeth Phelps, a cognitive neuroscientist at NYU, says.
When I recalled the events that occurred while building my startup, I was
scratching the scar tissue on my memory. Opening the wound up would
hurt and talking about it on the page would feel almost as painful as living
through the events in the first place.
However, research also shows that to recalibrate our brain to feel less
extreme emotions of fear and pain with regards to an event, we need to
explore the event. In fact, we need to explore it within what’s called the
vulnerability window. If we do, and if we do it right, we can recall the
memory without experiencing the fear and emotions we once felt when the
event occurred. We can even approach a similar event and feel no fear
whatsoever.
That is how I wanted to feel about startups again. Writing each word,
each page, each story of this book was my attempt to fall back in love with
the starting up, building a business, failing at things, growing a team, and
doing something meaningful with my life.
My hope is that over the next ten chapters of adventures in failure, we
will both walk out of this boxing ring with our heads held high, our chests
puffed out, and our fists up ready to fight the good fight again.
Description:Shabnam Aggarwal always dreamt of success. Raised in an immigrant Indian family in the start-up hub of Silicon Valley, she believed that every entrepreneur could be successful. So she left her cushy job at Merrill Lynch to take a risk, find her passion, and make a change in the world. She moved to I