I'd like to see questions like: What I learned. What I did wrong. What I would do again. What I would do differently. How the next gig is going to be different. What insane acts of self-sacrifice or creative ingenuity they committed to keep their ship afloat.
I purposely held back in the blog post because I wanted to spark a discussion. What kind of questions would you like to see on the Fail Fund's application form?
What about the new idea, do they have to already have one or is just having failed (properly) and learned from it enough?
Is it even possible for a true entrepreneur not to have a new idea? I don't think a lack of ideas is the problem.
That's true! But that's exactly why I think maybe asking for the "failed" to tell about their new idea(s) would help identifying those true entrepreneurs!