Why tech start-ups don't fear failure

While most businesses loath the idea of failure; start-ups indulge in it. For them, it's far better to learn from mistakes than do nothing at all.

With rising costs and economic pressures continually battering away at the bottom line, it's no surprise that Australian companies are becoming less and less inclined towards taking risk.

The fear of failure haunts every business because when companies are constantly looking to cut employees, nobody wants to have to justify lost time or revenue - even if it is for the sake of learning a valuable business lesson.

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