Question

What is the core message of the 'Fail Fast or Succeed' (FFS) program by Kerala Startup Mission?

1. The program encourages startups to prioritize immediate success over learning from failures.
2. It emphasizes either failing quickly to develop a new, solid idea or succeeding rapidly to achieve startup objectives.
3. The FFS program is a comprehensive initiative aimed at helping startups scale into larger enterprises.
4. This program is designed to ensure that all participating startups achieve success without any setbacks.

• A. 1, 4
• B. 1, 2
• C. None of these
• D. 2, 3

Answer 1

Answer:

D. 2, 3

• The 'Fail Fast to Succeed' (FFS) program is a strategic initiative by the Kerala Startup Mission that encourages a proactive approach to entrepreneurship.

• It operates on the principle that rapid learning, whether through quick failures or swift successes, is crucial for a startup's journey.

• This program provides comprehensive support to help startups navigate challenges, learn from their experiences, and ultimately scale their ventures into successful enterprises.

• It aims to accelerate the learning curve and foster resilience in the startup ecosystem.