1. h6. Notes toward a Theory of Failure (or is it a Theory of Success?):
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3. # To succeed, you have to try more stuff than the other guy—fast.
4. # If you try more stuff in a hurry, you’ll make lots of mistakes. (It’s an Iron Law of Nature.)
5. # Hence, screwing up a lot is a very good sign of progress—perhaps the only sure sign.
6. # If we aim to (more or less) maximize screw-ups, then we must do more than “tolerate” screw-ups.
7. # We must “encourage” screw-ups.
8. # We must CEL-E-BRATE screw-ups!
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10. A (BRILLIANT) variation on this theme comes from successful Australian businessman Phil Daniels, who attributes a large share of his success “to six words.” Namely:
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12. {tip}“REWARD EXCELLENT FAILURES.
13. PUNISH MEDIOCRE SUCCESSES.”{tip}
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15. Those words belong in my “Top Five Quotes” club (from among perhaps 5,000). I believe the idea is profound, and the impact enormous ... IF ... you use a literal translation. That is, if you literally ... REWARD ... excellent failures. And if you literally ... PUNISH ... mediocre successes.
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17. As Les Wexner, founder of Limited Brands, once told me:
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19. “In fashion, your batting average is never anywhere near 1.000. Your strikeouts will always, over time, surpass your hits—especially your home runs. So a buyer with no mistakes is taking no chances—the kiss of death in this business; and cause for a poor evaluation. The buyer who will hit home runs, like power hitters in baseball, will also have a bushel of swinging strikeouts. I will in fact reward those swinging strikeouts—as the price of the home runs that are required for our growth.”
20.  
21. Amen.
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23. “FAIL-SAFE” WISDOM
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25. {quote}“Fail. Forward. Fast.”
26. —High-tech exec, Valley Forge, PA {quote}
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28. {quote}“Fail faster. Succeed sooner.”
29. —David Kelley, founder IDEO{quote}
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31. {quote}“Fail. Fail again. Fail better.”
32. —Samuel Beckett, Nobel laureate, Literature{quote}
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34. {quote}“Success is going from failure to failure without losing enthusiasm.”
35. —Winston Churchill{quote}
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37. {quote}Whoever Makes the Most Mistakes Wins
38. —Book title, Richard Farson and Ralph Keyes{quote}
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40. {quote}“Sam was not afraid to fail.”
41. —David Glass, former CEO, Walmart, on Walmart founder Sam Walton’s most significant success trait{quote}
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43. {quote}“If people ... tell me they skied all day and never fell down, I tell them to try a different mountain.”
44. —Michael Bloomberg{quote}
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46. {quote}“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. Twenty-six times, I’ve been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”
47. —Michael Jordan{quote}
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50. -----
51.  
52. via http://www.dailylit.com/books/little-big-things-by-tom-peters
53.  
54. COPYRIGHT
55. The Little Big Things by Tom Peters by Tom Peters. Copyright 2010 by Thomas J. Peters.
56. All Rights Reserved. Sharing is permitted--forward to a friend!