đŁ Curious Quotes from the Author
âGood failures are those that bring us valuable new information that simply could not have been gained any other way.â
âSuccessful innovation is only possible as a result of insights from incremental losses along the way.â
âThese failures are âintelligent,â as my colleague Duke professor Sim Sitkin first suggested back in 1992, because they involve careful thinking, donât cause unnecessary harm, and generate useful learning that advances our knowledge.â
âSuccess is stumbling from failure to failure with no loss of enthusiasm.â
âIf youâre not failing, youâre not journeying into new territory.â
âFrontline nurses came up with and implemented two more elements of the patient safety system: Safety Action Teams and Good Catch Logs. Safety Action Teams were self-organized groups of nurses who met to identify and reduce potential hazards in their clinical areas. Second-order problem-solving indeed. The Good Catch Logs were a way of celebrating near misses: by documenting good catches, nurses identified additional opportunities for process improvement.â
âPause to challenge the automatic thoughts that cause you pain and embarrassment. Next, reframe those thoughts to allow you to choose learning over knowing. To look outward and find energy and joy from seeing what you missed. At the core of the reframing task lie the words we use to express our thoughts, privately and aloud. Am I failing, or am I discovering something new? Do I believe I should have done betterâand Iâm bad for not having done soâor do I accept what happened and learn as much as I can from it? Am I okay with the discomfort that comes with new experiences? Will I give myself permission to be human? Permission to learn?â
đ Cognition of the Bookâs Big Idea
It is essential to accept failure as a teaching tool in order to foster innovation and long-term success. Leaders may create an atmosphere where workers feel comfortable taking chances, trying new things, and being honest about setbacks by cultivating psychological safety.
Having a thorough understanding of the range of reasons why an organization could fail and putting techniques like post-mortem evaluations into practice can help them learn from their mistakes. Ultimately, more engaged workers, better decision-making, and continual development can result from creating a culture that values debate, feedback, and intelligent mistakes.
đ€Collaborative Insight for Techies
Learning from ours (and otherâs mistakes) is one of the best life hacks in existence. We donât learn much by winning, but we learn so much by losing and failing.
If companies learned from their failures instead of trying to hide them from everyone and everybody, weâd be a lot more vested in helping our companies succeed, rather than just quiet quitting when it got hard.
My Software Stack: I use Skool for my Online Community Platform and ClickFunnels for my Landing Pages, Payments, and Email Sequencing. I use Substack for my Newsletter and Taskade for AI Note Taking/Second Brain/Project Management. I use my Personal Amazon Store for Tech and Book Recommendations.
Try out the "Think and Grow Rich Challenge" by Russell Brunson and Learn more about the First Self Help Author Napoleon Hill