Scott Jones, the chief executive of mobile-search start-up ChaCha Search Inc., has a mantra.
“Around here, I say ‘Fail fast,’” he said. “Don’t be afraid to fail.”
It’s a philosophy that helped Jones find success with several start-ups over the past 20 years including Gracenote Inc., one of the first companies to develop music recognition software before it was acquired by Sony Corp. of America for $260 million last year.
“My experience with start-ups,” the serial entrepreneur said, “is it’s never the way you conceive it.”
Original Article: ChaCha CEO: Start-Ups Shouldn’t Be Afraid To ‘Fail Fast’ - Venture Capital Dispatch - WSJ