Combating fear of failure among European entrepreneurs

Fear of failure is one of the main reasons why lots of great ideas have not been developed in Europe yet. FACE Entrepreneurship is a European Commission project, born to promote ICT entrepreneurship by working through key aspects such as risk aversion, resilience and the current concept of failure.

Perceived capabilities and opportunities to startup a business in Europe are lower than in any other continent, according to the last “Global Entrepreneurship Monitor Report”. Moreover, 39.1 per cent of the adults with entrepreneurial intentions in Europe stated that they would be prevented from starting up a business because of fear of failure.

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Anna Maria RaduCombating fear of failure among European entrepreneurs
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