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  • Risk Takers and Experiment

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    Stephen Zhang
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    Thomas Watson advocated doubling your failure rate to succeed by not being afraid of small failures from quick, cheap experiments rather than big, public failures that are expensive. The document suggests that success comes from learning from many failures through trial and error with low-risk tests rather than taking large risks with public projects that could end in expensive failures.

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    Thomas Watson advocated doubling your failure rate to succeed by not being afraid of small failures from quick, cheap experiments rather than big, public failures that are expensive. The document suggests that success comes from learning from many failures through trial and error with low-risk tests rather than taking large risks with public projects that could end in expensive failures.

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    Attribution Non-Commercial (BY-NC)
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    5 views1 page

    Risk Takers and Experiment

    Uploaded by

    Stephen Zhang
    Thomas Watson advocated doubling your failure rate to succeed by not being afraid of small failures from quick, cheap experiments rather than big, public failures that are expensive. The document suggests that success comes from learning from many failures through trial and error with low-risk tests rather than taking large risks with public projects that could end in expensive failures.

    Copyright:

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    of 1

    “If you want to succeed, double your failure rate.

    ”
    -Thomas Watson, IBM
     What Thomas is not advocating: big, expensive, public
    failure.
     What Thomas is not advocating: quick, cheap
    experiments.

    Page 1

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