00:00 Trailer
01:31 James Dyson and Failing 5000 Times
02:36 Academic Success vs Real-Life Resilience
04:54 Red Xs and the Problem with Sugarcoating
06:10 Personal Failure Stories
10:03 The Power of ‘No’s’
12:43 L’s – Lessons, Not Losses
13:14 Students and Criticism
16:00 Who You Should Take Advice From
18:48 The Unfairness of Exams
21:15 Is Early Academic Failure Good?
26:08 Parents and Failure When it Comes to Their Children
28:51 Goals vs The Journey vs Vision
31:08 Academic Failure’s Long-Term Benefits
33:18 Are Risk-Takers Born That Way?
38:58 When NOT to Embrace Failure
42:21 Outro

Trailer

When things inevitably go wrong, which they will, everyone will encounter failure in their lives, they don’t havethe thick skin to absorb that. When we were at school, you would get a red X right next to something that’s wrong.Mhm. A lot of schools don’t do that now. I had one bad experience. And from thatfailure, it allowed me to move forward and do better. They chose a few peopleto stay back and attempt this comprehension English paper probably a paragraph through and I had genuinelyabsolutely no idea what to do and I and I went to the playground and cried. I was like 10. When you takingthose risks of failure will result in extreme harm to yourself and otherpeople. I think you really really need to consider that you have to be okay. You have to take the highs with thelows. you have to take that journey. The people that just miss out or likefail tend to do better. Do you think that constant fail failure isdemotivating? Cuz I know some people guy that I went to school with and he’s saidhe got like 500 nos before he got a yes to venture capitalists and stuff like that and they don’t seem fased by it.Do you think that’s normal?The Education Lounge podcast.

James Dyson and Failing 5000 Times

So, I was waiting at the airport yesterday to get back from the weekendholiday. Yeah. And um right now I was late as usual,delayed. Plane was still over in Germany somewhere. So, opened up YouTube as I do when I have spare time. Yeah, I watcheda quick 10-minute video uh where the Wall Street Journal were interviewingJames Dyson, like Dyson Hoover, DysonWe know the guy. The guy. Yeah. Um and the reason for this episode is itthat sort of caught my attention. Uh he said that he’s like the biggest failure.He’s failed I think it was like 5,000 and something times or there’s 5,000 something iterationsof all of his products like together. And it’s aboutfailing and finding why it failed. Yeah. And then using thatto well to inform you to inform the things that do work

Academic Success vs Real-Life Resilience

essentially. And I thought that is quite relatable to what we do here and well toeveryone that’s that’s well everyone everyone in life. Everyone in life.Yeah. Uh but especially people like us that are into personal development and education and all that sort of stuff. Itreally does play out everywhere and we have spoken about it briefly like withinother episodes. We’ve never done a full episode on just failure. Failureand why it’s important. So yeah, thoughts. Well, obviously we we work intuition. So usually students have a certain aim.Yeah. And they’ve got to achieve a certain goal, whether that be passing 11 plus, getting a certain grade in GCESor Yeah. Yeah. Or that kind of thing. And in order tosucceed, you set out a goal. You think about the actions that are relevant andimportant for achieving that goal and then you takeaction towards doing it. And I’ve noticed that there are some people whothey they achieve incredible success in these these aspects. So examsum and so forth, but that might not translate into realworld stuff, real world success because they’re so used tosuccess. They’re so used to succeeding every time that they don’t haveany when things inevitably go wrong, which they will. Everyone will encounterfailure in their lives, they don’t have the thick skin to absorb that. I foundYeah, that’s that’s true. I found that with even the younger ones where uh theyget really upset if they get something wrong or the rubble they’re working out out cuz I guess they’re encouraged tosucceed which obviously you should be encouraged to succeed but you shouldn’t be punished for not punished but likedemotivated by the failure. Um cuz like when we were at school you would get a

Red Xs and the Problem with Sugarcoating

red X right next to something that’s wrong. Mhm. A lot of schools don’t do that now.Yeah. Even the children like when you because I’m I’m used to that. So I’d put an X if something’s wrong or I’d circlethe question number. Um they get upset about it like nonormally we put a dot next to the one that’s that’s wrong. like I don’t really see that’s if that’sa positive thing or I I think although ithas I can see why teachers and educationalists in generalwould see the red X as problematic. I don’t think it is. Ithink it’s actually about building children up and students toaccept that they have failed in something and that they have made a mistake but then to learn helping themto learn from that mistake. So otherwise we we just end up in thesame place. We’re treading water as it were. Yeah. Not moving forward. I don’t

Personal Failure Stories

know. Do you think it should be encouraged? Do you think failure should be encoded? Because I have uh anotheranecdote that I could that I could share. I’ve I’ve got one because I Ididn’t I wouldn’t say I failed tests really, but I had one badexperience and from that failure it allowed me to move forwardand do better. Okay. Go. So, what was happening? So, you know how it was howit was like in in the old days, we used to get all our test results read out infront of us in school, right? Okay. Yeah. So, I remember there was likeparticularly traumatic geography lesson when Yeah. No, it’s my worst worstsubject. I I was used to to doing relatively well in subjects so scoringsolidly and that result I got the lowest mark in the class right um and it reallyI don’t know it hurt but from that failure the next time I got as in I wentfrom 49%. which doesn’t sound it’s not that terrible I suppose in the grand schemeof things but to me it’s the standard you held yourself to at the time it felt awful like I felt ah this is soembarrassing um but I just remember that from that I just I I decid I made thedecision I will achieve a respectable result in geography and then I worked harder at itand then I got 70% the next test which was a big improvementYeah. So, I’d say if you’re not used tofailure, it can be quite damaging, but it’s more about your response to to thatfailure, right? Yeah. I mean, the so the anecdotes and stuff I have aremore not not personal ones, but but yeah. So, what did you learn? Becauseyou can get used to failure. Mhm. What did you learn from the failure? Well,just to get you learned to get used to it. Or did you learn? I learned that I needed to revise more for geographytests if I wanted to. I can’t I shouldn’t accept that I’m bad at something. That’s what I learned. Yeah.It’s the same with um Well, you you you prove to yourself that you could improve. Yeah. You didn’t you It’s theCarol Dick fixed fixed mindset versus growth mindset and you went down thegrowth mindset. So, yes. um with similar thing happenedwith computing so it I remember I got areport and it was just the most insulting report ever when it just it’slike he’s got like no hand eye coordination. No, it was it was actually insulting. He needs to practice withgraphics programs so he gets used to using a keyboard and a screen at thesame time and that kind of as in imagine someone writing that now. Yeah. Yeah.But I got better like I went from sort of an attainment level of a C to a a B.Yeah. So basically that report kind of made mereflect and I was only year seven so I was like 11 years old. Yeah.Um so yeah I I think the biggest improvements I’ve ever had have come as a resultof failing dismally at something. Yeah. I can’t think ofa obviously are but top of my head I can’t think of a personal story. Um well

The Power of ‘No’s’

the anecdote that I was going to give was uh like sales people there was astudy done where they told I don’t know the number 500,000 people whatever to goout and get as many nos as possible. Yeah. I don’t know. Was that Wasn’t thatjust some something that someone did or it was a study?Well, it was it was an Well, yeah, an experiment. Someone told a group of people I don’t remember the exact likeYeah, we can look it up. But then anyway, there was one group that were told to go out and get as many nos aspossible and one group that were told to go and get as many yeses as possible.And no surprise, the people that got the most nos were the ones that got the mostyeses. Then the people that went out looking for the yeses got less.Yeah, I’m not I’m sort of surprised though that people wouldn’t just aim to get nos.Well, the I think the the thing with that is that they will hit a more they’ll hit morepeople. Yeah. It’s like a numbers game thing. You got to fail a certain numberof times. Back to the James Dyson thing in the beginning. You got to fail a certain number of times before you can II suppose also framing it in that way meant that people had less pressure.They weren’t scared of Yeah. Yeah. of of get obviously of attempting. Yeah. It’s a bit like dating. Yeah. Same same. Ifyou’re unafraid of getting nos more likely to Yeah. Yes. is. Yeah.Yes. Yeah. It’s similar similar concept sales, isn’t it? Yeah. Selling yourself,I guess. And and and I I do agree with the general maxim that in life, the morewilling you are to receive rejection or the better that you handle rejection, ythe more success you’ll achieve in no matter no matter what you Yeah. you what you define as success.It’s true. And I I’ve always been someone that’s not handled rejection very well. Yeah. Just in any formof life, whether it’s like I don’t know, business, family, friends, dating,whatever. I’ve not been not been good at that. And I think I think you’re probably more like water for ducks backsort of thing. Yeah. I obviously still still there. There’s been there’s been some hardones, but not is I I always think you’ve got to

L’s – Lessons, Not Losses

look at the bright side. Yeah. Of any rejection or failure and also what canyou learn from it and that tends to be the bright side. Yeah. There’ll always be a there’ll always bea bright side. Yeah. Lessons, not losses.Mhm. Quote that. Lessons, not losses. Yeah. Lessons, not so L’s. Yeah. L’s,L’s stand for lessons, not losses. Yeah. So, in terms of what we do and the

Students and Criticism

school system and that sort of stuff, um, how can how can we link this together? When you’re working with astudent, especially the younger ones, they tend tobe the ones who end up passing the 11 plus and stuff like that. They tend to have a veryhigh they’ve got a very high standards for themselves. The one weakness of withmany of them is that they can’t necessarily take criticism that well.So whenever they do fail, they tend tosay, “Oh, no, but it was kind of right in this senseor something like they they’ll point they’ll point out a flaw in the logic of a question.”And this is my problem, too. Like I I know that this this is a thing cuz I’m not very usedto academic failure at least. um you they’ll tend tend to justify whythey had the answer in the first place. Yeah. Rather than accept it. Yeah. Which is the natural instinct.It’s a natural response. Mhm. Um especially for someone that age. If Idid that, well, for years, even, you know, up until my 20s orwhatever, I would still make excuses for why this thing is kind of right. Andyeah, you said the music. That was it. Yeah. Yeah.Um, yeah, I was doing music like production stuff just for fun.Uh, and um I sent the track that I made to a friend that was also doing musicagain just for fun. Um, and they said, “Oh, they’re like, “Yeah, itsounds sounds good, but there’s one the second snare is like cutting through abit too loudly.” And my response was, “Oh, it sounds fine on my headphones.Sounds fine on my end.” rather than being like, “Oh, like, you know, thank you firstly for pointing it out.” Andsecondly, maybe I should go listen to it in the car or listen to it in a different pair of headphones or listento it just out of the phone or whatever it is so I could pick up on if that wasactually happening. But I defended my second snare without actuallyum looking into it. Mhm. We looked into it a bit, but I was like, “Yeah, it’s fine.” Yeah. I suppose though that I

Who You Should Take Advice From

know in that case he was he was probably correct to some extent. So your friend because he knew about the area. But thensometimes if someone doesn’t really know who isn’t an expert then to receiveadvice from them. Yeah. I mean you kind of want to be taking advice from people that are aheadof you. Ideally a couple of steps ahead of you. Mhm. Um, not someone that’slike, well, this comes back this this comes down to like business and personal development stuff, but you want to takeadvice from someone that’s a few steps ahead of you, not 100 steps ahead of you. I I don’tknow. I’d say you can take advice from someone 100 steps ahead of you.You can take Yeah, you can take advice. Maybe that’s mentoring. I don’t know. I feel like you want someone that’s acouple steps ahead. they can still relate to you and you can still relate to them. Yeah, that’s what it boils downto what Andrew said when you he was talking about the video editing. Um youyou if if someone’s able to like there’s some people they’re they’re really really farahead but they’re also awful at talking to offering advice. Then they’re they’renot good at that particular skill set, right? But if someone’s got that ability to be a good teacher and mentor and is100 steps ahead of ahead of you, there’s no nothing wrong with taking their advice. They’re very good person to takeadvice from. Some of the tutors are like easily 100 steps ahead of the students,right? in terms of their their sub their their knowledge and and that kind of thing,but they’re also able they have that critical skill of also being able to communicate that in a way that thestudent understands and resonates with. Yeah. No, it’s true cuz in their headit’s uh what they’re teaching is a lot simpler than like astrophysics or likerocket science or Yeah. whatever like whatever the rest of our tutors do. Yeah.Um so yeah, I think it’s about making it relatable. You’re right. But they theyum they can sometimes they they they they reflect ontheir experiences at being at that same stage. Yeah. in their understanding andthey’re able to relay it successfully. Or they can even or maybe they didn’tstruggle with that particular concept or something like that, but they they can at least think of a few moments whenthey have struggled to that extent and they’re able to to reform their explanation in a waythat the student understands. Yeah. What do you think about the 11

The Unfairness of Exams

plus versus other exams? because I’ve always found it not ideal that it’s the only exam inyour life. I think that you take, you get a fail or a pass and youcan never look at a paper again. You can never know where you wentwrong. Like what are you learning from that? I disagree with that principle ofnever being able to see the exam again in general. Yeah.like that really annoys me. So when schools schools a lot of the time willdo an exam with the student and they’re not able to retain that exam. So the theschool has uh holds on to it and the student doesn’t receive a copy of that exam. Well, we do that in our mockexams. Yeah, we do keep we do keep the papers, but we obviously we do allow people tobook in and but it’s more of an in that case it’s more of an IP thing, but yeah,but the school doesn’t have that issue. They don’t have that problem becausethey they don’t Oh, it’s not their paper. Is it like a external Well, it could it could be it could be theirpaper, but they can just put a disclaimer on it.M whereas like we’ve actually got practical reasons for keeping it inhouse. Do they get to see it again? Yeah, they usually get to see itbut you know most students won’t necessarily pay enough attentionwhen they’re going through it and then they’ll want to look at it again. Well, I mean we allow people to book in andcome and look at papers and yeah, that sort of stuff. Um but yeah, it’s like the only examthat you you take and you don’t know where you went wrong and you can’t learn from it. No, even GCSEs you can retakeand you’ll eventually see the paper again. But I mean you do need to pay for that retake. It’s the only thing. Butyeah. Yeah. But you’re able to but you can recall the exam paper. Yeah. So I’m saying you can you can do both. Yeah.Um, so that’s one of the things I’ve never really liked. No. Well, yeah, theespecially at that age. But maybe having failure young is actually a good thing

Is Early Academic Failure Good?

in that respect. At least they’re able to fail or something. I can think of atime where that hit me hard at that age. Um, so we’re doing the 11 plus. I was inyear five or I think no, I was in year six actually. Um,and they chose a few people to stay back and attempt this comprehension Englishpaper. I think it was scholarship papers. Yeah. And I was one of the people that theyasked to like attempt it. And I sat down to read this passage. I have no ideawhat it was. It’s probably very difficult, wasn’t it? And I used to be in primary school. I was a lot moreacademic. Um, but yeah, I I sat down to do this paper and I started reading it and I waslike probably a paragraph through and I had genuinely absolutely no idea what todo. None of it made any sense to me. And I was looking around seeing the otherpeople in my in my class that got asked to do it just like writing and readingand they’re all fine. I didn’t know what to do and I basically went to the teacher and saidlike I can’t do this like it’s too hard I think and they he said like okay it’sfine like don’t don’t worry it’s fine and the rest of the kids were out in break time so yeah don’t worry it’s finelike took the paper in yeah go on go and have your break it’s fine and I went to the playground Icried was like 10 I was and I was I I don’t didn’t usually cry but at thatpoint I was like I couldn’t I couldn’t do it. Mhm. So you do get failure early on. Yeah.Just what you what you take from it. I remember cuz when cuz I was external. Iwasn’t internal. Yeah. And you get the sample papers and the I think the the the mainone was generally okay. There was a lot of things I hadn’t done before in primary schoolbut and my dad was like what what does that mean that sort of thing looking through the questions and what is thatbut the scholarship paper I remember looking I don’t think the English wouldhave posed too much problem for me but the maths I had no ideaum how to approach it oh the other way around they weren’t like straightforwardquestions. They were really multi-step sort of they they were really reallyreally difficult. They’re much harder actually. They’re much harder than thequestions now really in that schol Yeah. In that scholarship paper really hard.It’s It reminds me a bit of you know in year six they used to have a level sixright? um they don’t now they’ve amalgamated it all into one thing. Sothere’s no optional more difficult paper, right? But they used to have alevel six paper and in that paper it’s just insanely difficult for that a childof that age. Yeah. To to work out. Y um but it was like like that times like twoor three for the the scholarship paper.So, I didn’t I didn’t sit the SC I had a headache on the day of the exam. But I didn’t I didn’t take the scholarshippaper. I just took the regular one. Yeah. I I was like there’s absolutely no point. I don’t think I took the real oneeither. Yeah. Yeah. It It was too too much. Yeah.And you do it after sitting the Yeah, that’s silly. Yeah. Itwas cuz it was already 2 hours and then which is too long anyway for that agegroup and then it’s another hour like 45 minute an hour maybe an hour on top ofthat like 3 hours. So you would have done 3 hours of exams and I think that’sI know that is too much time. Yeah it is for that age groupconcentration 3 hours is not not ideal. No. Um, soyeah, I I I do think I don’t think it was necessarily bad to the the feeling of fail failingsomething at age isn’t necessarily bad, but uh if you don’t have the right mindsetfor it. Yeah. And I can see how it can be pretty devastating. That’s what needs to be instilled isthat it’s okay. Yeah. It should be encouraged. Also also I think parents

Parents and Failure When it Comes to Their Children

have a large part to play in that because if your parents are the type toso absolutely I just remember every single parents evening especially the moreuh sad to say the the more Asian parents like they when their child was not sortof performing in the subjects I was I was like h wow they’re really kicking off and you could tell and you can seethe fear in the kid. The kid. Yeah. Yeah. Is it like a, oh, you got a B, whyis not an A? That sort of thing. And I had that. I had my a little bit of a share of that, but it wasn’t as bad aslike some of those children. The super strict Asian parents. Yeah. Yeah. Yeah.I’m sure that’s still it’s still kind of a thing. My My dad balanced out my mom. So my dad waslike my mom was like like that. So, so they sort of balance each other out. Butsome when like both parents are just Yeah. like on the child constantly. Andyou see that even, you know, when they’re 10, even when they’re like seven or six. Yeah. I’ve I’ve had that withuh year one. No, year two. Year twochild. Yeah. Where the mom’s like like having a go. Yeah. Yeah. Andthe kid likes art and all that sort of stuff. And the mom wants to be a lawyer. She’s seven. Yeah. And the dad’s likesaying I I the advice I gave was get her to do things the things thatshe enjoys. If she really enjoys art or drawing or whatever else, like don’tdwindle that flame. Like ignite it more. You can still do you still need math andEnglish and whatever up the GCSE but if someone shows that level of talent Idon’t know what what the artwork’s like but if she shows that level of talent and that level of enjoyment Mhm. I don’tthink she’s going to like being a lawyer. I don’t think she needs to show that much talent at that age because butif it’s nurtured properly. Yeah. Exactly. Like that’s that’s the thing.And this doesn’t I we’re not saying that you shouldn’t have standards foryour child in terms of in terms of it. But when the process is the importantpart, not the Yeah. outcome. Yeah. Fixate on the journey, not thedestination. Yeah. Um, you might, but then we’ve talked

Goals vs The Journey vs Vision

about the importance of setting goals and sometimes if you set your goals, you should obviously set a goal to know whatyou’re aiming for, but you don’t want to focus on on that alone. You want tofocus on the journey, right? because the more things you get wrong, I was I was talking about this on on the on the tripactually um but it was in terms of personal development. If you look at uhS&P 500 stock, right, ETF for the last 20, 30 years, you see the start pointand the end point, right? But if you zoom in on the journey, it’s like this.It goes up and it plummets and there’s a point there and it goes back up again and it does that. Yeah. But if you takethe average, it’s that. Mhm. Yeah. So, you have to be okay. You have to takethe highs with the lows. You have to take that journey in order to get to that end point. I think one of theproblems that people have have with that and the reason why they’re so harsh on well there’s a number of reasons whythey’re so harsh on their kids but one of them is actually not breaking down that final vision into those criticalsteps. So they don’t like they they see the big thing but they don’tsee what is required in between to get to there. And that’s really where wecome in in a lot of cases because we’re we we essentially design educationalpathways for for for children. We we see okay well that’s their sort of goal butthis needs to be fixed. This needs to be fixed. This needs to be fixed. business and it might be true that you don’t fixall the areas to achieve that final goalbut you would have improved. Yeah. Because you you you would have fixed those criticalareas as much as you can in the time and sometimes that time is not quiteenough. Um or it might be something that’s very difficult to fix in the short run or they’re not ready. So

Academic Failure’s Long-Term Benefits

another thing with these sort of exams is the child of the maturity level to doit. Yeah. Well, I was thinking more about um the people that have done the 11 plusjourney but have just missed out. Yeah. Um as opposed to people that have justgot in. The people that just miss out or likefail tend to do better because they’re then in a school where they’re at the top of the group and the ones that getin, the ones that scrape in are playing catchup for like seven years.There is that, but I think there’s also something psychologically powerfulabout that failure, like just missing out that might propel them forward.Yeah. Because they know if they if they pass 11 plus then it’s like, okay, we’rein that sort of elite group. We’ve passed and then so we’ve got nothing to improve ina sense. And then you’ve got this lot, the the failures as it were. They mighthave just missed out. It might have only been a few months, but they know that they’ve got something to improve.Yeah, that is a good point. Yeah, the mindset knowing that you have room for improvement.It’s only marginally better like as in they only do marginally better, but I think it’s because they theyfollowed these two groups through. like in in some study. I can’t remember whereit is exactly. We should start looking up. We know them, but we don’t really know them know them, but essentiallythey do they they do marginally better. It’s not huge. Yeah. But I mean it’s it’sfairly significant that these two groups like one’s obviously they’re almost as capable ofeach other and yet there’s still enough statistical difference in their resultsover a long period of time to make it a relevant finding.

Are Risk-Takers Born That Way?

Do you think that constant fail failure isdemotivating? because I know some people uh well like the James Tyson guy or uhguy that I went to school with who now does uh what is entrepreneur uh and he’s saidhe got like 500 nos before he got a yes to venture capitalists and stuff like that. Um people and they don’t seemphased by it. Do you think that’s normal or do you think most peopleare phased by it and should they be? I think these people have developed athick skin for failure. So it’s not that they’re somewhatgenetically I think they may be genetically predisposed to take risks.I think that that do you think that’s genetic or do you think that’s like background like the family has as in Ithink there’s there’s a combination of nature nurture aspects that lead tosomeone who’s a high risk taker becauseyou need to be a risk taker in order to get nose in the first place. Yeah. But Ithink the thick skin in receiving those nose is developed through receiving noseagain and again and again. Uh I think partly but I think a lot of it isconfidence uh personality uh familybacking like you if you’re if you’ve gotenough don’t I don’t know because I think you’d actually bemore able to take risks if you had nothing because you don’t have anything to lose. I was a bit of both.there’s like a sweet spot on either end. There’s Well, I think on on the one hand, there are some people who comefrom such backgrounds that are so terrible that they need to take risksall the time. They’re constantly used to taking risks. Their life is just a risk. Yeah. So, you know, their response torisk, their attitude to risk is is different. But then on the other hand,you’ve got people who have certain advantages and are thus able to takerisk because of those advantages. Yeah. Um so thereare children who are born into a family of risk takers whose riskshave paid off. they’re extremely wealthy or something like that and they’re moreable to you have a certain dream or a vision and go for it with hell foreverlever because they know that they’ll have the backing of their family in somerespects. Um I mean Jeff Bezoslike he he obviously took massive risks but he had the vision to begin with. He had well first of all he had the supporthe had he had this he had the vision and obviously it was a a wellought throughplan like he it was a a well calculated risk from his perspective at least andthen he was able to communicate that to his parents his wifeum and they support um they supported him at the time atleast so I do I think if you’ve got people in your corner that that does help who who aregoing okay well I don’t know it’s kind of up to you to achieve that but I youhave my full support I think that’s helpful in that situation but there aresome people who they and you can hear it again and again with entrepreneurs somany of them come from backgrounds that are not great um seemingly butthey they have this uh insane attitude towards risk that is just not normal.Yeah. See, I’ve always been very risk averse, butI’ve don’t never really wanted to do 9 to5 work. So, it’s kind of a weirdsituation where well, I’ve got better at taking risks now because I know all this sort of stuff.But yeah, it’s um yeah, I’ve always been risk averse,but I don’t want to do the safe thing and get a job andall that sort of stuff, which I don’t actually think is that safe. I think you’re safer building your own your ownthing personally, but yeah, maybe a bit of a diversion, but yeah. Well, it seems it seems safer.It’s safer in the short term. It’s like it’s like investing. You’re investing in yourself. You you work for some otherfor a company and you may have a pension, but it’sprobably not enough and then you’re kind of stuck. Whereas I see this or entrepreneurshipas building your own thing that hopefully no one can take away from youthat brings you money, frees up your time. Yeah. And I guess that is arisk. Yeah, but I think it’s a risk I’m willing to take.

When NOT to Embrace Failure

I guess there’s also a point at which failure is not a good thing. I think there’s two circumstances that stand outto me as when well death I’m assuming is one of them. Yeah. So what I think it’sin terms of risk takingaking I mean like it’s so if if there’s risk of failure thatand in that failure you’ll harm yourself and other peoplethen I don’t think failure is a good thing to embrace.What about race car drivers or those people on the motorbikes that go down or the aisle ofman like 200 miles hour they’ve got a high level of skill whichmitigates against some of the risk they’re sort of edge cases aren’t they because you can see in some well thinkabout Michael Schumacker hi there Andrew the editor here just a quick correction from me Michael Schumacker was injuredon a skiing holiday not on the F1 back and Senna would have probably been a better example. I could have let thisslide, but I’m a bit of a pedant. Cheers. Was it really worth it?He’d probably say yes. We don’t know. Umdoing what he loves to do. So if he’d if it but if if he’d ended up in abetter situation, the end point, then it would have been worth the risk. Of course,that that’s benefit of hindsight. he had the high level of skill to maybe justifytaking that risk and yeah well nothing’s nothing’s ever 100% the cost of failureis extremely high in that case. Yeah. Also so so that’s the first one. So whenthere’s when you take in those risks of failure will result in extreme harm toyourself and other people. I think you really really need to consider that. Yeah. But in the in the context ofknowledge work, education or knowledge work, the risk is not really life or death.No. So yeah, in those cases like pretty much uh take the risk of failureum for for the opportunity because often when you say when when you say yes tothings, you won’t regret it. But when you say no to big big opportunities, youregret what you didn’t do, not what you did do. Yeah. Yeah. Same like asking that girl out who you like.Just do it. Doesn’t doesn’t matter really what the outcome is. Take therisk in doing it cuz you never know. Yeah. Um the second is whenyou don’t learn from it or aren’t willing to learn from your failure. Yeah. Yeah. If you’re not willing tolearn from your failure or embrace the fact that you might fail,then you might Don’t even bother. Not bothered. Yeah. Yeah. Yeah. It’s true. So, I’d say those are thetwo caveats. Um where where embracing failure is not necessarily good thing.Okay. But other than that, I think fail all the time. Failure failure way tosuccess essentially. Yeah. Yeah. So, thanks again for joining us this month. If you are watching us on

Outro

YouTube, don’t forget to subscribe and like and leave a comment down below. If you are following us on Apple orSpotify, don’t forget to give a rating and a follow. That would be really useful. And we’ll see you back again next month.The Education Lounge podcast. [Music]