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Lesson 29: Seven pillars of business wisdom

Find that job: Lesson 79. Nothing succeeds like failure

 

One of the main factors that stop entrepreneurs from pursuing WOW projects is the fear of failure. But failure is an essential ingredient of a future success. In fact, Tom Peters, an influential American business thinker, argues that nothing succeeds like failure. You should therefore reward excellent failures and punish mediocre success. Here's what he has to say about it.

 

Here's an 'excellent failure': You take a bold leap forward. Ooops! It hasn't worked! You're bruised and battered, maybe even broke. Well, good for you! What!? Why!? Because you went for it! You made a step towards the land of WOW. No WOW project ever comes into being without your willingness to court excellent failures! If you are not going to fail 8 out of 10 times, says Peters, you're doing something wrong.

 

Mediocre success may be just fine for mediocre business people, but don't you want to live in a WOW land? Far too many intelligent people waste far too much effort pursuing just another mediocre success. That's what they have in common: they focus on minimizing risks, respecting the chain of command, supporting the boss and making budgets.

 

Look at a history book. Pull out 50 names. Drop the jerks, like Hitler or Stalin. Then look at the rest. Einstein. Gandhi. King. Newton. Picasso. Skłodowska-Curie. Did anyone on that list pay attention to minimized risks? Supported the boss? Made budgets?

 

As Churchill put it, 'Success is the ability to go from one failure to another with no loss of enthusiasm.' So - fall. Fast. You'll succeed sooner.

 

a SłOWNICZEK

 

to succeed - powieść się, osiągnąć sukces

 

failure - porażka, niepowodzenie, upadek, bankructwo, plajta

 

factor - czynnik

 

entrepreneur - przedsiębiorca

 

to pursue - dążyć/zmierzać do czegoś, zajmować się, rozwijać

 

wow - (potocznie) sukces, również: wow! - okrzyk zachwytu

 

WOW project - świetny/wspaniały/genialny projekt

 

ingredient - składnik

 

to reward - nagradzać

 

to punish - karać

 

bold - odważny, śmiały

leap forward - skok/wielki krok naprzód

 

bruised - posiniaczony, poobijany, zgnębiony

 

battered - poturbowany, zdewastowany

 

broke - spłukany, zrujnowany, bez grosza

 

to go for it - podjąć się czegoś, rzucić się na coś z zapałem, wykorzystać szansę

 

to come into being - zaistnieć, zmaterializować się

 

willingness - chęć, ochota, gotowość

 

to court - tu: igrać (z czymś)

 

to fail - ponieść porażkę

 

mediocre - mierny, pośledni

 

to focus - koncentrować się

 

chain of command - hierarchia służbowa

 

to support - popierać

 

to pull out - wyciągnąć

 

to drop - tu: wyeliminować, odrzucić

 

jerk - palant, dureń, głupek, 'psych'

 

to pay attention - zwracać uwagę

 

ability - umiejętność

 

loss - strata

 

to fall - upadać

 

powerless - bezsilny

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