When Leticia Gasca’s business foundered, it took her years to come to terms with that failure. But once she mustered the courage to share her story, she found that many people have experienced a similar outcome and that opening up about personal flops strengthens resilience. In this TED Talk, Gasca explores the nuances of business failure. getAbstract recommends her speech – which contains some strong language – to failed entrepreneurs who need a gentle reminder that they are in good company.
In this summary, you will learn
- Why the “fail fast” paradigm is disrespectful and promotes laziness, and
- Why the “fail mindfully” framework is a more considerate approach.
About the Speaker
Leticia Gasca is the executive director of the Failure Institute, a research center that studies business failure.