Biz Stone, Co-Founder of Twitter, one of the panelists, sees failure as the way to find an answer. “The real world does have a marking scheme, you have to try, get closer and closer to what is good.” He further elaborated that leader should not be afraid to show failure, instead use mistake as a great opportunity to show charisma and character.
“In order to succeed spectacularly, you need to be ready to fail spectacularly,” he said and adding that thinking of the worst possible outcome helps in tackling failure. In business, it is MVP – minimum viable product. The concept works the same in any decision making. Apart from that, arm yourself with the ability to say “HELP” at the same time believing in yourself even everyone tells you to stop and accuse you as “CRAZY”.
“When you fail, face it honestly, listen to feedbacks and move on.”