It's difficult because we tend to overrate the pain of failure. We fear it too much. That's research that emerges from psychology. We think it's going to be worse than it really is. And, I think, as we get a bit older, really after we leave school or college, we quickly stop experimenting.
Interpretation
Fear of failure often holds us back from trying new things.
This quote highlights how people frequently exaggerate the pain and consequences of failure, leading to an irrational fear that prevents experimentation and personal growth. As we grow older and move past educational environments, we tend to become more risk-averse, which inhibits our willingness to take chances and explore new opportunities.
In practice
Using this quote in a workshop about embracing risk in business.
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. You don't expect dentists to be able to forecast how many teeth you'll have when you're 80. You expect them to give good advice and fix problems.
In certain businesses, I would say 10 failures to one success is a perfectly acceptable ratio. Because the failures die pretty quickly, they're not that expensive, and the successes can be really huge.
Success Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.
I decided I can't pay a person to rewind time, so I may as well get over it.
Army requests immediate permission to surrender in order to save lives of remaining troops.
I used to get bullied by the popular girls at school. Today, I am the popular girl, and the bullies come to my shows.
Coraline shivered. She preferred her other mother to have a location: if she were nowhere, then she could be anywhere. And, after all, it is always easier to be afraid of something you cannot see.
Those with less of a sense of service to the nation never understand it when men and women of character step forward to look danger and adversity straight in the eye, refusing to blink, or give ground, even to their own deaths. The protected can't begin to understand the price paid so they and their families can sleep safe and free at night.
I suppose I've always done my share of crying, especially when there's no other way to contain my feelings. I know that men ain't supposed to cry, but I think that's wrong. Crying's always been a way for me to get things out which are buried deep, deep down. When I sing, I often cry. Crying is feeling, and feeling is being human. Oh yes, I cry.
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