This is our second conversation about failure rates and mistakes. Last week, we distinguished between the two, and how important that is in our industry in which a 60% success rate, so to speak, will get you into the "Investment Hall of Fame", but that 60% means that 40% of the time you could be considering there is something wrong or off, and by distinguishing between living in that failure rate and actual wins or actual mistakes, we set ourselves up to build on the good parts for the future. We acknowledge that most of us are not living with this frame of mind. We’ll talk about what that looks like and feels like and then some methods to move into alignment and build on the real successes within this high failure rate industry. Let’s jump in.
