When it comes to starting a business, failure still carries a heavy stigma in Africa. Most entrepreneurs take failure very personally, and there have been cases of some going into hiding, abandoning their communities, and in some tragic cases, committing suicide.
According to this article, there are two reasons for this.
First, many startup entrepreneurs are afraid to admit they’re struggling. They don’t want to be seen as complaining.
Second, entrepreneurship is still an emerging culture in Africa, and our society has not fully embraced it. As a result, people who choose to start a business over getting a regular job, face emotional difficulties.
But this behaviour is remarkably different from the Silicon Valley mentality. In America, entrepreneurs love talking about failure. “Fail fast, fail often” has become a mantra of Silicon Valley, where fortunes are made by people who only years prior had crashed a well-funded startup into the ground. Failure has become almost a badge of pride — an experience recast as a lesson learned, a skin thickened, an entrepreneur seasoned and more fully prepared to succeed.
I highly recommend you read this insightful article.
Read the full article at: Entrepreneur.com