Failure is almost always the most important initial step in successful innovation , and opening yourself up to it – early and often – is the key to identifying the most lucrative new business opportunities.
I’m a serial entrepreneur who learned the role failure plays in success with my first startup. In the fall of 2003, I began toying with the idea of creating a group of top-executive networks. Launched in 2004, World 50 is now regarded as one of the most influential executive forums in the world (with help from Bono, Greenspan, Redford, Lance, Magic and many others).
