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Failure: The Blog  

August 2018

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  • Bette Graham Created A Product To Fix Her Mistakes
  • Flamin' Hot Cheetos Had An Interesting Start

July 2018

  • Fear This Instead Of Failure
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June 2018

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May 2018

  • 8 Examples of Mental Toughness Part 2
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  • 8 Examples of Mental Toughness
  • MIT Accidentally Creates New Smelting Process

April 2018

  • Johnny Cash Quit Singing Lessons
  • Cruise Control Came Out of Frustration
  • Time Spent Gaming Pays Off In The Navy
  • Rock Around The Clock Was a Commercial Failure
  • Sigmund Freud Should Have Been Discouraged

March 2018

  • Superman Couldn't Fly
  • This School Shares Failures
  • Jim Croce's Parents Hoped He Would Fail

[More archives...]

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Max Levchin on Startups

September 21st, 2010 - by Robby Slaughter

Reader Anthony Panozzo offered this quote about failure. One part of the failure is that the author buries the lead.

Startup failure
Photo © Flickr User Nima Badiey

Spotted at JJinuxLand:

The very first company I started failed with a great bang. The second one failed a little bit less, but still failed. The third one, you know, proper failed, but it was kind of okay. I recovered quickly. Number four almost didn’t fail. It still didn’t really feel great, but it did okay. Number five was PayPal.

This is a real life example of the Japanese proverb nanakorobi yaoki——“stumble seven times, recover eight.” Max Levchin beat the curve apparently. He only needed four companies to go belly up.

Failure is the secret to success. Get moving on making your own mistakes!

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