Survivorship bias is essentially a prejudiced mindset where people have a distorted view about situations and events, focusing only on the glorious or successful aspects, ignoring the underlying toil and failures. Survivorship bias is commonly seen in entrepreneurship. We know that every struggle to become an independent business owner does not mature into a brand that the world worships. Every account of people putting their entire life’s savings into a start-up does not have a happy ending. However, some people choose to ignore the truth in its entirety. Here, survivorship bias exists in the form of people looking only at the brilliance of
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