Why being wrong is good for you

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“Mistakes are the portals of discovery,” wrote James Joyce in Ulysses.

In 1888, Lee Kum Sheung, a young cook in a coastal province in southern China, forgot the oyster soup he was boiling on the stove until it simmered down to a thick, sticky gravy. Once he discovered how tasty it was, he decided to sell his “oyster sauce” in jars.

how to build a healthy relationship with failure. In a complex world,... excellence requires taking risks. The important thing is to establish what needs to be done differently next time.

For companies, the occasional failure may be the price of innovation. ...the Amazon Fire smartphone

You cannot error-proof a career or a company. But you can seek to improve

In 1867, Russia sold Alaska to America for US$7.2 million, around US$160 million in today’s money, handing its future rival 1.5 million sq km of oil-rich territory and access to the northern rim of the Pacific.

For qns on mistakes and failures....note some of the interesting examples here.....