You've failed now learn

You've failed now learn - Chapter 5 Behind every headline...

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Chapter 5 Behind every headline about the unemployment rate, failed businesses, and reduced factory orders is something far worse than rotten numbers. In each case, an employee is sitting at home wondering what to do next, or how to explain the missed goal to a boss. In the US economy, failure seems to be stalking office hallways like the Black Death. Like the medieval disease, this economic failure can destroy whole towns. And there is nothing you can do to prevent it from coming. But, here’s the silver lining: You can learn from failure. In fact, it can be your greatest teacher. Failure, and your ability to learn the harshest lessons from it, is the only way to bring maximize your potential. (If you want to read more about why, check out Tim Hartford’s book Adapt: Why Success Always Starts with Failure .) In the entrepreneurship program at USC’s Marshall School of Business, where I work, the professors don’t shun failure, they welcome it. Their informal motto is “fail faster.” Failure, they often explain, is like Mr. Miagai in The Karate Kid. You don’t always know what he’s teaching you, but then you realize he’s made you into a different person. If you figure out how to learn from him, he will set you up to succeed in ways you can’t imagine right now. So how should you learn from failure? Before you begin, imagine that you are in a submarine. Your goal is to get to the other end of the submarine, by which time you will have learned from the setback and reinvented yourself. As you move from one step to another, outlined below, you will seal a compartment behind you. If
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You've failed now learn - Chapter 5 Behind every headline...

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