A Formula for Success

Failure. We don't like to talk about it. But we all worry about it. What makes successful leaders stand out is that when faced with failure, they stay in motion. They quit the bad job, they separate from investors they conflict with, they get up off the floor and go back to work.

As Tom Watson, the founder of IBM said:

'Would you like me to give you a formula for success? It's quite simple, really. Double your rate of failure. You are thinking of failure as the enemy of success. But it isn't at all. You can be discouraged by failure — or you can learn from it. So go ahead and make mistakes. Make all you can. Because, remember that's where you will find success.'

A Formula for Success