This, from PCWorld.com, in a story covering the “Top 10 Google Flubs, Flops, and Failures.”
All employees at Google are supposed to spend 20 percent of their time working on personal projects of interest. Google says that the policy encourages creativity. And without Google’s willingness to take risks and not be afraid of tripping, stumbling, and sometimes falling flat on its face, the company might not be what it is today. Perhaps Google’s greatness can be measured by its failures as well as its successes.
As PCWorld nicely sums up: Failure will get you everywhere (like $4.2 billion in 2008 profit and $15.8 billion in cash reserves).
We absolutely can not be afraid of failure. I, as much as anyone, needs to learn this.