Are you sure that's how entrepreneurs and investors think in Italy?
I strongly suspect that if you genuinely tried hard in a business that ultimately failed, and truly learned some difficult lessons then people will give you another chance.
For most of us, failure is a milestone on the road to success.
I decided to close the business and get hired because the risk to reward ratio was too skewed on the risk side.
According to what I have seen happening to fellow entrepreneurs, when they did run into trouble they did not get broken but neither had second chances.
I especially like the cultural side of trying, folding gracefully (if need be), learning and re-trying.
Here in Italy, you can't just do that. Even a graceful fold marks you as a lifetime failure, it is a sort of social stigma.
I wonder how this works in other parts of the world, in and outside US.