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Learn from Failure

Courtesy of Jeremy Gutsche

Learn from Failure

John Grisham was rejected by a dozen publishers before getting a deal. As a startup, Cisco (CSCO) was rejected by 76 venture capitalists before landing money. Thomas Edison, in his words, "discovered 1,000 ways not to make a light bulb" before hitting on a design that worked.

Lesson: Successful ideas first require excessive testing and experimental failure.