Why Do We Fail?

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

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:+ !