Fear not what failing can do for you

by TTB on July 7, 2009

The topic isn’t new, there is enough said about – why failing is good to succeed — this particular article written by Peter Bregman in harvard business was very interesting. This shines some light on reasons why people fear to fair. For every hundred articles that tells you how to succeed this one told it is Ok to fail. If you want to read the whole article go to harvard business publications . Here are some that caught my eye ..

Every time I ask a room of executives to list the top five moments their career took a leap forward — not just a step, but a leap — failure is always on the list. For some it was the loss of a job. For others it was a project gone bad. And for others still it was the failure of a larger system, like an economic downturn, that required them to step up.

Yet most of us spend a tremendous effort trying to avoid even the possibility of failure.

If you believe that your talents are inborn or fixed, then you will try to avoid failure at all costs because failure is proof of your limitation. People with a fixed mindset like to solve the same problems over and over again. It reinforces their sense of competence.

Children with fixed mindsets would rather redo an easy jigsaw puzzle than try a harder one. Students with fixed mindsets would rather not learn new languages. CEOs with fixed mindsets will surround themselves with people who agree with them. They feel smart when they get it right.

But if you believe your talent grows with persistence and effort, then you seek failure as an opportunity to improve. People with a growth mindset feel smart when they’re learning, not when they’re flawless.

If you have a growth mindset, then you use your failures to improve. If you have a fixed mindset, you may never fail, but neither do you learn or grow.

A growth mindset is the secret to maximizing potential.

Want to increase your own performance? Set high goals where you have a 50-70% chance of success. According to Psychologist and Harvard researcher the late David McClelland, that’s the sweet spot for high achievers. Then, when you fail half the time, figure out what you should do differently and try again. That’s practice. And according to recent studies, 10,000 hours of that kind of practice will make you an expert in anything. No matter where you start.

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