Learning from failure is an important step when becoming successful. As one proverb states, “success has many fathers, but failure is an orphan.” But rebounding from a failure only comes once you accept that you have failed.
David Kelley and Tom Kelley over at FastCompany wrote an article that caught our eye. In it, they discuss owning your failures and using them to be completely honest. They point to one company, Bessemer Venture Partners, and their “Anti-Portfolio.”
Bessmer stated the reasoning behind this was because their “long and storied history has afforded our firm an unparalleled number of opportunities to completely screw up.” And it’s not just Bessemer Venture Partners that are jumping on the Anti-Portfolio train. More and more companies are highlighting their failures to explain how they found success!