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15412 Commentshttp://www.feld.com/wp/archives/2007/03/fear-of-failures-impact-on-success.htmlFear+of+Failure%27s+Impact+on+Success2007-03-11+17%3A30%3A34Brad+Feld on “Fear of Failure’s Impact on Success”

• David March 11th, 2007 11:35 am

  How relevent is it to have insight on quitting a “mid seven-figure” job and its stability? I believe the ability to have an enourmous cusion from that kind of career makes the decision one that probably doesn’t have the same fear of failure and the financial consequences as others do.

  Maybe that blog is for people in a different stratosphere than almost anyone?

• Jason Wood March 11th, 2007 5:24 pm

  Hi David,

  Certainly my friend has done well for himself financially, but hopefully you’ll recognize that that was but one of the facets of the conversation.

  An 18-year old with a good idea and two dollars to his name could be characterized as having “nothing to lose” so why not take a risk? He or she probably wouldn’t have the responsibility of providing for a spouse and other dependents, nor would they have developed a set of debts and expectations that life brings with time.

  On the other hand, a venture capitalist (a great many of whom make mid seven figures incidentally) in many cases does have a wife, kids as well as a fiduciary responsibility to his partners and investors; it would be perfectly reasonable to expect such a person to not want to “risk much” but in essence they have to be willing to risk quite a bit to reach the pinnacle of their career path.

  Just food for thought, but thanks for taking the time to comment.

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