Friday, April 17, 2020

Formula For Success - Double your rate of failure.

After having the right perspective toward failure, what should we do? Thomas J. Watson gave us this advice:
Would you like me to give you a formula for success? It’s quite simple, really. Double your rate of failure.

This advice might seem extreme, but I think it’s good advice. It means that you should be willing to have more failures. Or, put another way, you should make more attempts that could lead to failures. Why? Because this means that you are pushing boundaries. You are accelerating your progress. You don’t just stay where you are.

Of course, we are talking about intelligent failures here; just repeating the same mistakes over and over is stupidity.

The story of Stephen King is a good example.
King had wanted to become a writer from a young age. So he wrote short stories and sent them to magazines. But what happened? He got rejected. Again and again. He didn’t stop though. He read the rejection letters, learned from them, and kept writing.
Long story short, he eventually made it in the writing world. And he made it big time.
King’s story is an inspiration. He was willing to have failures, and have them often. He learned from them and kept getting better.

So here is what you should do: consider failures as positive and make more attempts. That’s the way you can grow and get better. As George Bernard Shaw once said: A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.

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