If you don’t plan, then plan to fail. This week, Geoffrey Handley challenges the assumption that startup failure is good and emphasizes how founders shouldn’t settle for mediocre wins.

Having co-founded 5 companies with his brothers, and invested in 30 (including acquisitions from Twitter, Salesforce and AOL!), Geoffrey is able to switch between the perspective of an investor, entrepreneur and mentor. He offers advice on selecting mentors strategically as part of a grand master plan and underlines the importance of ignoring the doubters and beating the odds with a bold, scary vision.

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China Startup Pulse is a weekly podcast designed to give startup enthusiasts around the world a behind the scenes and on-the-ground understanding of what’s happening in China’s startup ecosystem. Founded and hosted by Ryan Shuken and Todd Embley, and produced by Vivian Law and David Xu, China Startup Pulse is sponsored by Chinaccelerator, People Squared, and TechNode.

TechNode does not endorse any commentary made in the program.

TechNode Guest Editors represent the best our community has to offer: insight and perspective on how technology is affecting business and culture in China