Fail Fast System

Bite-Sized Book Notes From → Bounce Back by Susan Kahn & Sunnie Giles.

Failure must be embraced if you want to achieve success in life.

Some types of failure demonstrate that it is important for an individual to believe in one’s self and not be easily discouraged by setbacks. Consider the example of Thomas Edison, the light bulb inventor. Edison famously saw each setback as a step closer to the correct solution. With all those failures he had found 10,000 ways that won’t work!

“Fail fast” helps individuals and organizations maximize their gains from failing.

Today, implementing fail fast systems is more significant than ever before. According to Sunnie Giles in The New Science of Radical Innovation, four factors define the twenty-first century working environment: volatility, uncertainty, complexity and ambiguity – VUCA for short.

In this climate it is only a matter of time before we fail; however, there are response techniques we can use when things go wrong. It does not mean that such entities have any allowance for mistakes. This means leaders foster innovation through moderate risks. These challenges encourage creative solutions while keeping the stakes tolerably low.

Your unconscious mind forms your actions and finding out why you act the way you do will make you stronger against harsh conditions

Body resilience can depend on sleep patterns.

The “what if” thinking model can also help with resilience when facing adversity

Resilience is not only about being positive, but also thinking of all the things that might go wrong.

Greatest achievers in history such as Thomas Edison and Michael Jordan have allowed themselves to fail. Why? The answer is simple; short of success teaches us a lot and strengthens resilience over time.

I hope you found these bit-sized curated notes valuable.