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Amazing! I think failures are just as important as successes when learning what works. Unfortunately, many business books just take the top X people by net wor
by danuker 4y ago
Amazing! I think failures are just as important as successes when learning what works.
Unfortunately, many business books just take the top X people by net worth and analyze what they did, but that is not enough.
Stated in Bayes' theorem terms: to compute P(success | actions) you also need P(actions) and P(success), not just P(actions | success) which are the success stories.
P(actions) and P(success) require knowledge from failures as well, not just successful actions.
Thanks for the courage of sharing your failures!