Monday 26 February 2018

Lise Hand: We need to learn that failure is simply the chance to start again

Enda Kenny with Elon Musk, co-founder of PayPal and SpaceX, at the Web Summit
Enda Kenny with Elon Musk, co-founder of PayPal and SpaceX, at the Web Summit

Sean O'Rourke was nearing the end of his radio interview with Limerick wunderkind Patrick Collison. The 25-year old scientist and entrepreneur was speaking about his latest Silicon Valley-based company, Stripe, which he co-founded with his brother John and which was part-funded by the founders of PayPal.

The broadcaster asked the former winner of the Young Scientists Exhibition what advice he had for any youngsters, suggesting that such advice would include, "if you're dropping out of school, it should be a case of dropping into something better" – a reference to Patrick dropping out of college in the US.

But Patrick had a different take on that. "Well, no, I think it's totally okay to fail. That's part of what's so great about Silicon Valley and the US in general – people are pretty accepting of failure," he explained. "You can drop out of school, you can work on something, you can completely flop and people don't judge you as this failure. You get a chance to try again."

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