- Embrace failure as a learning opportunity, not a catastrophic event.
- Make a series of small gambles instead of one big gamble.
- Apply learnings from each failure forward to avoid repeating mistakes.
- Play the 'infinite game' - focus on self-improvement rather than competing with others.
- Double your failure rate to increase your chances of success.
- Expect to go through numerous ideas before finding the one that leads to success.
- Design your company to fail in small, iterative ways to facilitate learning and growth.
via The Secret To Becoming Successful In Any Industry