I’ve been thinking a lot about failure lately, and how failure is nothing more than an opportunity to learn, improve, iterate, and grow.
Innovators aren’t afraid of failure, and in many cases it’s only by embracing failure that we can learn to pick ourselves up and get closer to the outcome that we envisioned in the first place.
What do you think about failure? Are you a perfectionist? How do you react when things don’t go as you planned?
What do you think stands in the way of your ability to fail, or why do you think you’re good at accepting mistakes as part of the learning process?
More on Failure and Innovation
The term “loser” hasn’t been around forever, and in the mid 19th century, Americans began to associate business failures with personal failure. Read more about this fascinating history of the beginnings of failure in America, Born Losers: A History of Failure in America
Creating an Innovation Culture: Accepting Failure is Necessary, Edward D. Hess, Professor of Business Administration and Batten Executive-in-Residence at the Darden Graduate School of Business for Forbes.
Why Failure Drives Innovation, Baba Shiv, Sanwa Bank, Ltd. Professor of Marketing at the Stanford Graduate School of Business