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Why Do We Fail?

Avatar for Matthew Draycott Matthew Draycott
August 11, 2012
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Why Do We Fail?

An exploration of failure in business and what we can learn from it.

Avatar for Matthew Draycott

Matthew Draycott

August 11, 2012
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Transcript

  1. Why  Do  We  Fail?   ©Ma/hew  C.  Drayco/  Ι  2012

      University  of  East  Anglia  

  2. Ma/hew  C.  Drayco/   Entrepreneur   Lecture   Geek  

     

  3. Everyone  is  a  Failure…  

  4. …But  That’s  Some  Good  Company!  

  5. 90  %  of  new  products  fail     90%  of

     All  New  Products  and  Services  Fail      

  6. It’s  not  if  you’ll  fail  but  when…     In

     Life  it’s  Not  If  You  Fail…  

  7. It’s  not  if  you’ll  fail  but  when…     In

     Life  it’s  Not  If  You  Fail…   …It’s  All  About  When  and  How.    

  8. Learning  to  Fail  

  9. Rules…   1.  Fail  Early    

  10. Total  Cost:  $  700  Million    

  11. Rules…   1.  Fail  Early     2.  Fail  Fast

     

  12. Total  Cost:  $  4  Million    

  13. Rules…   1.  Fail  Early       2.  Fail

     Fast   3.  Fail  Smart    

  14. Total  Cost:  $  2  Billion    

  15. Don’t  Plan  to  Fail  

  16. It’s  not  if  you’ll  fail  but  when…     Accept

     That  Failure  is  Important…  

  17. It’s  not  if  you’ll  fail  but  when…     Accept

     That  Failure  is  Important…   …Plan  to  Adapt.    

  18. Why  Do  We  Fail  Sir?   …To  Get  Back  Up

     Again.  

  19. @drayco:mc+ + + + + www.mdrayco:.com+ + + + +

    www.linkedin.com/in/mdrayco:+ !