What did you learn from the last time you failed?
Ted Dziuba believed that raw engineering prowess could make up his lack of business experience. He discusses how his willingness to believe in his own abilities regardless of his other shortcoming blinded him to seeing the inevitably.

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He developed a product that really only appealed to the people who build the technology behind it.
FYI : Ted is here: http://teddziuba.com/2009/09/i-read-fred-wilsons-blog.html
Here’s the thing:
1. Arrogant people don’t listen to criticism, they just run themselves into the wall.
2. Incompetent people can ‘usually’ (my italics) be led in the right direction, even though they may execute their way into the dirt.
Arrogance doesn’t listen to reason, it only listens to itself.
So, if an investor asks YOU what I learned from past failures, what will your answer be?
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