Failure is one of the best ways to learn. Usually people fail because they are trying something new no one tried before. But, after you fail you get to learn something new, and that’s your key to success. We need to start changing our mentality. We need to accept failure as part of the process to reach success. We even need to celebrate failure.
When Google Wave shut down in 2010, Eric Shmidt said:
“Remember, we celebrate our failures. This is a company where it’s absolutely OK to try something that’s very hard, have it not be successful, and take the learning from that”
Also when a reporter asked Thomas Edison “how does it feel to have failed two thousand times to create the electric filament?”
Thomas Edison replied:
“I have not failed, not once. I’ve discovered ten thousand ways that don’t work.”
Moreover, Vinod Khosla the co-founder of Sun Microsystems and the billionaire investor once said “The willingness to fail is the key ingredient in success”
The problem with failure is with how people look at you after you fail. If you can find people that understand the value of failure, then these guys are the people that you want to be with after you declare your failure. I believe we can learn a lot from each other failures and we just need to be more open about it so that everyone can learn and avoid doing the same mistakes.
In the US they have a conference for that!! Yes, a conference for failures called FailCon. FailCon is a one-day conference for technology entrepreneurs, investors, developers and designers to study their own and others’ failures and prepare for success. FailCon speakers are the most successful entrepreneurs, and the event is not only running in the US, but also in France, Brazil and Australia.
We need something like that in Kuwait. As a start, I’m willing to buy you dinner or a cup of coffee to celebrate your failure. I’m also willing to accept anyone invitation to celebrate my previous failures 🙂