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Why Failing Well Is the Key to Success
Viking
February 2014
On Sale: February 11, 2014
320 pages ISBN: 067002614X EAN: 9780670026142 Kindle: B00DMCV4GM Hardcover / e-Book
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Non-Fiction
For readers of Drive, Outliers, and Daring
Greatly, a counterintuitive, paradigm-shifting new take
on what makes people and companies succeed Most
new products fail. So do most small businesses. And most of
us, if we are honest, have experienced a major setback in
our personal or professional lives. So what determines who
will bounce back and follow up with a home run? If you want
to succeed in business and in life, Megan McArdle argues in
this hugely thought-provoking book, you have to learn how to
harness the power of failure. McArdle has been one
of our most popular business bloggers for more than a
decade, covering the rise and fall of some the world’s top
companies and challenging us to think differently about how
we live, learn, and work. Drawing on cutting-edge research
in science, psychology, economics, and business, and taking
insights from turnaround experts, emergency room doctors,
venture capitalists, child psychologists, bankruptcy judges,
and mountaineers, McArdle argues that America is unique in
its willingness to let people and companies fail, but also
in its determination to let them pick up after the fall.
Failure is how people and businesses learn. So how do you
reinvent yourself when you are down? Dynamic and
punchy, McArdle teaches us how to recognize mistakes early
to channel setbacks into future success. The Up Side of
Down marks the emergence of an author with her thumb on
the pulse whose book just might change the way you lead your
life.
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