Dealing With Failure
Failure is a reality in every business. How will you handle it?
Ask yourself these questions:
- How does your company handle failure? Is it punished immediately, tolerated or rewarded?
- What can you do to promote successful failures within your firm? Is it possible to build it in as a performance measure?
- Is there a forum within your company where failures can be diagnosed and discussed in a professional atmosphere?
Remember, even some of history's greatest innovators have made a lot of failures.
Excerpted from At Work With Thomas Edison: 10 Business Lessons From America's Greatest Innovator
Entrepreneur Editors' Picks
-
Formerly Enslaved Black Man Nearest Green Taught Jack Daniel Everything He Knew About Whiskey. Today, the Founder of Uncle Nearest Premium Whiskey Celebrates His Legacy.
-
Leadership Lessons From the Exclusive Creativity School That 'Packs 5 Years Learning Into 5 Days'
-
3 Expert-Backed Strategies for Staying Calm in Times of Confrontation
-
The CEO of Wayfair Has Helped Revolutionize Digital Shopping for 20 Years. Here's How He Handles Rocky Economic Conditions.
-
This Founder Went to Prison When He Was 15 Years Old. That's Where He Came Up With the Idea for a Company Now Backed By John Legend.
-
3 Signs You're Letting Pride Get in the Way of Being Successful
-
Chip and Joanna Gaines and Shonda Rhimes Found Incredible Success By Using This One Entrepreneurial Strategy. Here's How You Can Too.
