Source: Fortune
Summary
Management guru Simon Sinek says that successful people have all hit rock bottom before reaching their pinnacle. According to Sinek, failure is a prerequisite for success, and the most successful people in the world have all experienced failure. A 2019 study by Northwestern University researchers supports this idea, finding that failure is an essential prerequisite for success. The study analyzed 46 years’ worth of venture-capital startup investments and found that every winner begins as a loser. Steve Jobs, Apple’s visionary cofounder, is a famous example of a business leader who succeeded after experiencing failure.
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The numbers tell one story.
Simon Sinek’s TED Talk on the concept of “why” has over 60 million views. He now has nearly 8.9 million followers on LinkedIn. The most successful people in the world hit zero or came close to it, almost every single time. Steve Jobs was removed from his post at Apple in 1985, but returned in 1997. Failure is a gift, according to Sinek.
Success is often just a repackaged failure.
Author: Evan Null
