Based on my experiences with over a thousand innovators during the past 20 years, I understand that innovation includes both success and failure. Many good ideas are difficult to implement or are “too early” for public acceptance. In some cases, the development of an idea into a working product is a lengthy process. This process typically includes multiple tests and a significant number of failures. However, successful innovators learn from these failures to modify their approach and prepare another test.
I recently read an article that reminded me of Thomas Edison’s many attempts to create a working light bulb. Edison did not view his thousands of experiments as failures. Instead, Edison Continue reading