The Second Act - Magazine - Page 20
Cracking the
c ode for suc ce ss
in your ne xt
venture
The concept of failing often comes
with negative connotations.
Many associate it with being
unsuccessful, neglectful or not
meeting objectives. And while that can
be a tough pill to swallow, there’s a
silver lining for founders.
EY BREAKFAST AWARDS
NEXT Canada CEO, Kyle Winters shaking hands with
NEXT award winners
Written By
SID NAIR
Senior VP & Technology M&A Leader, EY Canada
For entrepreneurs, battle scars are seldom
frowned upon. In fact, investors are willing to
back entrepreneurs who have failed, learned
from their experience and have used their
downfalls to hone their skills and experiences.
They are looking for entrepreneurs who take
risks and turn fear into opportunity, funneling
energy and creativity into their next business
venture to make it bigger and better.
Entrepreneurs looking at their second venture —
or even third or fourth — need to embrace their
veteran status. However, owning this persona
is just the start. The new EY Programmed for
Success series outlines several factors to think
about while planning for the next venture. Here
are a handful of top considerations to keep in
mind from day one.
POWER AND PREDICTION
Prof. Ajay Agrawal, Co-Founder & Academic Director of NEXT Canada
at his book launch hosted at the EY office in November 2022
2 0 | GRIT MA GA Z I NE