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Iyinoluwa Aboyeji

Co-founder of Andela and of Flutterwave; founding partner of Future Africa

Recorded said elsewhere, not written here
Failure is the most likely outcome of entrepreneurship. Hence there is absolutely nothing wrong with failure. It is the default outcome. Success on the other hand is rare and unpredictable. Very few find it. However what can help entrepreneurs succeed is when an ecosystem learns from failure.

Aboyeji's own verified LinkedIn account, Iyinoluwa Aboyeji on LinkedIn, 5 January 2024 source ↗

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Robert S. Langer Biomedical engineer; Institute Professor at MIT
In fact, what I usually say to people, “Probably some of the most successful scientists are the ones that know how to deal with failure well.” Because it’s easy to feel good when you succeed. That’s an easy thing. But you’re probably going to fail in science a lot more than you succeed, so you really have to learn how to deal with it and not let it beat you.
Recorded Academy of Achievement interview, 25 October 2012 source ↗
Theodore Roosevelt 26th President of the United States, 1901–1909; Governor of New York 1899–1900; Assistant Secretary of the Navy 1897–1898
It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, and comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows the great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat.
Recorded Sorbonne, Paris, The American Presidency Project, University of California Santa Barbara, 23 April 1910 source ↗
Chimamanda Ngozi Adichie Novelist and essayist
But after one year of medical school I fled. I realized I would be a very unhappy doctor and I really did not want to be responsible for the inadvertent death of my patients. Leaving medical school was a very unusual decision, especially in Nigeria where it is very difficult to get into medical school. Later, people told me that it had been very courageous of me, but I did not feel courageous at all. What I felt then was not courage but a desire to make an effort. To try.
Recorded Wellesley College 137th Commencement, 29 May 2015 source ↗
John Updike Novelist, poet and critic; twice winner of the Pulitzer Prize for Fiction
I was prepared to fail. I was prepared to not be able to get things accepted, because I saw that happen to my mother.
Recorded Academy of Achievement, Academy of Achievement interview, Beverly Farms, Massachusetts, 1 June 1999 source ↗

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Question What counsel would you give your twenty-year-old self — and what should they ignore? Time & hindsight
Do a deep reflection on what exactly went wrong and write it down. Please don't do that lazy analysis where you just blame government, the economy, the markets, fundraising etc. It might have been a contributing factor and you should reflect that but please do that uncomfortably deep and introspective work of figuring out where *YOU* the founder went wrong.
Recorded Aboyeji's own verified LinkedIn account, Iyinoluwa Aboyeji on LinkedIn, 27 July 2024 source ↗

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