Entrepreneurs are masters of failure. They scrutinize their mistakes to avoid repeating them. They examine where they went wrong in the past to avoid taking the same missteps in the future. Point of emphasis: they understand failure and experience to be synonymous.
As a student entrepreneur, I majored in failure. It only seemed fitting that I create a failure résumé to demonstrate how my own entrepreneurial blunders fortified my experience base. Rapping the résumé while skateboarding down a mountain also seemed to make sense.