Amazon is the king of fast fixes in strategic failures. When failure is cheap with a strategy, act quickly. Within 20 months, amazon released auctions, shut it down, launch z shops and then market place. The third and final stage of failure, per james, is clear failure of vision. Your vision is you're non negotiable. It is the north star that you will not budge on.
Failure needs a rebrand. Without failure, we cannot grow as builders, searchers, and starters. Without failure, we can’t learn what works & what doesn’t. In today’s Episode, I distinguish good failure from bad failure, and how to approach good failure thoughtfully to accelerate your career.
Check out the full transcript at https://foundersjournal.morningbrew.com to learn more, and if you have any ideas for our show, email me at alex@morningbrew.com or my DMs are open @businessbarista.
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