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Strategy | Why failing is a crucial part of succeeding in business

Why failing is a crucial part of succeeding in business

Failure. It’s hard to swallow at the best of times. Sometimes it just doesn’t work out, but should we quit because of it? Some of the most successful professionals alive say start seeing failure as a challenge and you’ll soon find successes are with you in abundance. What can we take from this? Start celebrating our failures as progression.

In over a dozen cities and six continents, professionals come together to share something they all have in common. Failure. The first ever “FailCon” was ironically a raving success, with the likes of PayPal founder and CEO of Slide (the app maker that designed Facebook’s mobile presence) Max Levchin coming to talk about how he constantly failed before making billions. “Failure? I can fail tomorrow and I don’t care, I’m failing now” said Levchin, who also called the failure process “liberating. A constant issue that plagues everyone in business, failure isn’t celebrated at these conferences – it’s compared.

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