A Quote by Jensen Huang
Without intellectual honesty, you can't have a culture that's willing to tolerate failure because people cling too much to an idea that likely will be bad or isn't working and they feel like their reputation is tied up in it. They can't admit failure.
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Not many people are willing to give failure a second opportunity. They fail once and it is all over. The bitter pill of failure is often more than most people can handle. If you are willing to accept failure and learn from it, if you are willing to consider failure as a blessing in disguise and bounce back, you have got the essential of harnessing one of the most powerful success forces.
The terror of failure can make you feel like a failure. So a bunch of people think you're not very good at your thing. How much do you invest in what they say? How much do you care? Failure is not putting yourself on the line.
There is only one kind of failure I cannot tolerate: the failure to risk failure.
Most people don't really do too many things because they're afraid they'll fail. There are people failing all the time, all around you. And nobody is going to notice your failure. Your failure is not going to be so spectacular that people write news stories about it. Your failure will be boring.
Failure's relative. I've always felt, even early on, if I lose the freedom to fail, something's not right about that. It's how you treat failure, too. There's something to learn from it. I've had movies that have failed colossally, so you kind of analyze your failures: What kind of failure was it? A failure because it's misunderstood by others? A failure because you misunderstood it yourself?
Well, the idea is that failure is an inevitable partner on the road to success and, if you're not willing to confront failure, you can never find out how good you are.
If you want to be rich, never give up. People tend to give up. If you have persistence, you will come out ahead of most people. More importantly, you will learn. When you do something, you might fail. But that's not because you're a failure. It's because you have not learnt enough. Do it differently each time. One day, you will do it right. Failure is your friend.
Ultimately, fear of failure generates a vicious circle that creates what is most feared. To break this cycle, you need to make peace with failure. It isn't enough to merely tolerate it; you need to appreciate the failure and use it.
What a shame to be so afraid of failure that you stop living. My wife has a great one-liner about failure: "Never consider yourself a failure-you can always serve as a bad example." She is right. Failure can be a better teacher than success.
If your startup is only in the development or idea stage, there is almost no better predictor of failure - I mean, utter failure, scorched-earth bankruptcy - than raising too much money in the first round.
Failure gets a bad rap, but I'd like to change that. Failure is necessary. Let it in. Chew it up, and use it as fuel for your soul.
I was taught that to create anything you had to believe in failure, simply because you had to be prepared to go through an idea without any fear. Failure, you learned, as I did in art school, to be a wonderful thing. It allowed you to get up in the morning and take the pillow off your head.
Think of it this way: There are two kinds of failure. The first comes from never trying out your ideas because you are afraid, or because you are waiting for the perfect time. This kind of failure you can never learn from, and such timidity will destroy you. The second kind comes from a bold and venturesome spirit. If you fail in this way, the hit that you take to your reputation is greatly outweighed by what you learn. Repeated failure will toughen your spirit and show you with absolute clarity how things must be done.
Surprisingly, it's forgiveness, not guilt, that increases accountability. Researchers have found that taking a self-compassionate point of view on a personal failure makes people more likely to take personal responsibility for the failure than when they take a self-critical point of view. They also are more willing to receive feedback and advice from others, and more likely to learn from the experience.
Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets.
A failure often does not have to be a failure at all. However, you have to be ready for it-will you admit when things go wrong? Will you take steps to set them right?-because the difference between triumph and defeat, you'll find, isn't about willingness to take risks. It's about mastery of rescue.
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