Quote  ·  Added 14 February 2026

In the business world today, failure is apparently not an option. We need to change this attitude toward failure - and celebrate the idea that only by falling on our collective business faces do we learn enough to succeed down the road.

Naveen JainArticle, The Importance of Embracing Failure, Forbes, 2018
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Failure Is Actually Expensive Tuition

We've built a culture where admitting failure feels like admitting you're incompetent. One bad quarter, one project that tanks, one idea that flops—and suddenly you're worried about being seen as someone who doesn't have it figured out. So we hide our stumbles, rebrand our mistakes, spin our losses into learning experiences only after we've already decided they're shameful. The problem is this makes us terrified to try anything risky or genuinely new.

The counterintuitive part is that this fear of failure actually makes us worse at our jobs. When you're too busy managing your reputation to be honest about what went wrong, you can't actually learn from it. You repeat the same mistakes in different contexts. Meanwhile, people who've given themselves permission to fail spectacularly—and survived it—tend to move faster and think bigger. They know the worst outcome usually isn't career death.

This doesn't mean careless work or pretending consequences don't exist. It means creating an environment where the conversation after failure is "what do we fix?" instead of "who do we blame?" The companies and teams that figure this out don't just feel better emotionally—they actually innovate better. They take smarter risks because failure stopped being a scarlet letter and started being tuition.

Naveen Jain

b. 1967

Naveen Jain is an Indian-American entrepreneur and philanthropist, known for founding several companies including Infospace and Moon Express. He has been a prominent advocate for space exploration and innovation, particularly in efforts to mine resources on the Moon. Jain is also recognized for his commitment to solving global challenges through the use of advanced technology and social entrepreneurship.

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Tobi7 months ago

I’m living in Germany. Is it true that this attitude is even more pronounced in Europe, where failure is regarded almost as a personal flaw?