Why It’s Better To Fail As Quickly As Possible

Why It’s Better To Fail As Quickly As Possible


Most of us don’t like to admit when we’ve failed, so we tend to put it off for as long as possible. Google X’s Rapid Evaluation head Rich DeVaul explains why this costs money and time, and how it ultimately hinders progress.

When we fail, we learn things that can be applied to our next endeavour, and we learn what just doesn’t work. Wasting time trying to force an unsuccessful idea rather than moving on to a new one makes things harder on everyone. DeVaul explains:

The process of innovation is messy. It’s expensive, it’s uncertain. Even with Google X and the resources we have here, we can only afford to pursue some small number of these moonshots at a time. We have a process that we call rapid evaluation. So, the way we do that is we try to fail quickly… Ultimately, if we can get to a no quickly on an idea, that’s almost as good as getting to a yes.

Most of us don’t have the resources of Google’s pet moonshot lab, nor do we have the security of knowing that failure won’t result in losing our job. For that reason, we may be more hesitant to admit or accept when our ideas fail. Admitting you built a bad boat is better than going down with it.

Watch How Google X Employees Deal With Failure [Fast Company]


The Cheapest NBN 50 Plans

Here are the cheapest plans available for Australia’s most popular NBN speed tier.

At Lifehacker, we independently select and write about stuff we love and think you'll like too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.

Comments


Leave a Reply