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by Robin Sharma
Turning Mistakes Into Stepping Stones For Success
Failing Forward by John C. Maxwell is a motivational book that presents failure as a steppingstone for success. It offers practical tips on how to adopt a positive mindset towards failures and transform them into opportunities for growth.
While most of us do our best to avoid failure, most entrepreneurs know better. The majority of successful businesspeople attribute their success to their ability to persevere after failures. In fact, it takes entrepreneurs an average of 3.8 failed ventures before they manage to start a successful business.
These entrepreneurs recognize that even if their business eventually fails, they’ll be in a better position than they were when they started. But if their fear of failure had stopped them at the beginning, they wouldn’t have gotten anywhere.
In the real world, a single failure doesn’t always mean the end of the road. Take Sergio Zyman, a marketing executive for Coca-Cola in the 1980s. When Zyman launched the new Diet Coke range, it was hugely popular.
This success bolstered Zyman’s standing in the company and gave him more confidence in his daring ideas. So later, when Coca-Cola wanted to introduce a new formula for Coke, Zyman proposed to introduce it under the name “New Coke.” Zyman believed the new idea would sell so well that he convinced Coca-Cola to stop producing the old version.
To Zyman’s surprise, New Coke was a complete flop. The rebranded bottles failed to sell, costing Coca-Cola approximately $100 million, and Zyman his job. To recover from this blow, Coca-Cola reintroduced their flagship drink under a new name: Coca-Cola Classic.
As it turned out, Coca-Cola Classic was a huge hit. The drink became more popular than ever, and Zyman’s failure to transform the brand in the first instance ended up leading to a great success for the company in the long run. In 1993, Coca-Cola chairman Roberto Goizueta rehired Zyman, acknowledging that daring thinkers can’t be right every time.
Failing Forward (2000) provides a positive perspective on failure. These blinks draw on legendary success stories and literary anecdotes to explain the importance of failure, the advantages of embracing it and the power of leveraging your mistakes to stimulate personal growth.
Failing Forward (2000) by John C. Maxwell is a book that explores the idea of embracing failure as a stepping stone to success. Here's why this book is worth reading:
Your attitude toward failure determines your altitude after failure.
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Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.
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Try Blinkist to get the key ideas from 7,500+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.
Start your free trialBlink 3 of 8 - The 5 AM Club
by Robin Sharma
What is the main message of Failing Forward?
The main message of Failing Forward is that failure is not the end, but a stepping stone to success.
How long does it take to read Failing Forward?
The reading time for Failing Forward varies, but it typically takes several hours. The Blinkist summary can be read in around 15 minutes.
Is Failing Forward a good book? Is it worth reading?
Failing Forward is definitely worth reading. It provides valuable insights on turning failures into opportunities for growth and success.
Who is the author of Failing Forward?
The author of Failing Forward is John C. Maxwell.