The 555 Plan: Why Most People Fear Failure

Peter: Why do people fear failure because you get rewarded more looking at it from a standpoint but they lose their status basically. Dan: What are the reasons most people feel fear of failure for starting something risky and put a switch on a spot here? Peter: Let me give a very practical approach to close this out in the subject which came from a friend of mine Michael Shreg at MIT and I wrote about this in bold and it's called the 555 plan if I would ask you Dan what most people fear in a company if they're starting a new project why do people fearFailure is one of the main reasons people feel failure.