Entrepreneurship scholars are increasingly directing their focus toward the phenomenon of learning from failure. While considerable progress has been made in understanding how this learning process unfolds, much less is known regarding the specific learning outcomes. The purpose of this paper is to explore the learning outcomes from entrepreneurial failure. Using a unique data set comprising 146 post-mortem statements, we construct a typology of perceived learning outcomes. This typology delineates 17 overarching learning outcomes in three domains: cognitive, skill-based, and affective. The study contributes to literature by offering a differentiated empirical description of learnings, as well as a comprehensive typology. The learnings can serve as a valuable resource for nascent entrepreneurs, as well as entrepreneurship educators in educating next generation of entrepreneurs.