"As popular culture continues to glamorize startups, the harsh reality that 90 percent of them fail is consistently ignored." -Alexa Tsotsis, TechCrunch
I haven’t really considered this statistic in terms of mental health. Lots of thoughts going through my head right now.
The relationship between madness and genius is well documented. And I almost feel like a certain degree emotional instability is necessary (on my part) in order to really be productive and have impact.. and I don’t feel like I have enough of a safety net right now to really go as crazy as I want to.
What about those people who aren’t as aware of their own mental health as I am? What about those people who have absolutely no safety net?
These are the innovators. These are the people with theories on how to make the world a better place who are driven to test their theories at all cost.. and possibly 90% of the time, that cost is themselves.
Somehow, we need to fix this. If there was ever an opportunity for innovation in mental healthcare, this is it! If 90% of startups fail, single digit improvements to this number is worth billions if not trillions of dollars. The potential ROI of a mental health system that helps entrepreneurial minded people AND their creativity flourish is impossible to ignore.
Somewhere in here there’s a call to action for VCs and startup incubators.
In fact, fuck startup incubators. What we really need are people incubators that help people develop and grow from project to project.. startup to startup.
When a startup fails, THAT’s where the real opportunity lies in growing our human capital. THAT’s the ideal time to invest in an entrepreneur. And THAT’s exactly the point in which we learn about the insecurity and fear that was experienced by entrepreneurs before the official point of ‘failure’.
We have a great system emerging for incubating the lifecycle of products. Can we build a integrated and parallel system for incubating the lifecycle of people?
I wonder what the best language for talking about all this is..