Summary:
Failure is an unavoidable part of leadership. But what kind of failure can you grow from? Hear about Tim Draper’s approach to failure.
Tim Draper recognizes that failure is just a part of leading. His biggest failures have been failures to act. So now he’s adopted Yogi Berra’s philosophy: “When I come to a fork in the road, I take it!”
Failure is something that every every entrepreneur and really every leader needs to understand that that's a part of leading You lead you fail, you lead you fail and then eventually you lead you succeed.
Do you have a really big failure? Something that has actually overtime become a cherished failure because it really taught you an important lesson in life and has affected your life in a positive way today? Well absolutely and I would say the biggest failures I've had are the failures to act. So the ones where I did not invest in a company or I did not try something, those have been my biggest failures, and so now whenever I find myself in the fork in the road as Yogi Berra says, I take it.