Richard Branson just repeated the dubious old claim that the best business lessons come from failed startups. They don’t.
Think of it in terms of learning curves. With a successful startup your learning curves follows a bumpy ride ever upward. Every day you are forced to learn more about managing a successful company. Learning can’t be avoided. With a failure the learning curve stops abruptly. One moment you’re flying. The next moment you’re a splotch on the sidewalk. Your learning has stopped abruptly and all too soon. Your personal growth is stunted.
If you still don’t believe me, consider this question. Who would you go with if you were either an investor looking for an opportunity to put money in or a large company looking for a new CEO? The entrepreneur who succeeded or the one who failed?
I rest my case, your honor.