Comments on: Fail Fast – A Successful business approach or utter stupidity? http://www.askthewealthsquad.com/blog/fail-fast-a-successful-business-approach-or-utter-stupidity/ Creating Wealth Through your Small Business Thu, 08 Jul 2010 07:46:51 +0000 hourly 1 http://wordpress.org/?v=3.0 By: TheWealthSquad http://www.askthewealthsquad.com/blog/fail-fast-a-successful-business-approach-or-utter-stupidity/comment-page-1/#comment-100 TheWealthSquad Tue, 01 Dec 2009 10:33:31 +0000 http://www.askthewealthsquad.com/?p=416#comment-100 Glad you liked the post. The best way I know of to explain this to a<br>prospective employer is to frame it as what you learned. Rather than<br>discuss the perceived failure, present the learnings from it. How you<br>changed your approach to the next opportunity. How your experience gives<br>you insight into possible ways a project could fail. The automotive<br>industry and many others that focus on quality control use a process called<br>FMEA (Failure Mode and Effect Analysis). The more experience you have in<br>"making things break" the better you are at anticipating them and developing<br>corrective measures.<br><br>Focus on the improvements you made. The adjustments and changes the<br>previous experience had on you and your outlook on projects.<br><br>CEOs can run a company into the ground and still be in demand because they<br>bring experience to the table. Learn to position yourself and your<br>experience in a positive light. If you made mistakes admit them and discuss<br>what you learned.<br><br>In today's job market it is going to be tough as companies are often looking<br>for a perfect fit for the job. Keep striving to find the right fit. You<br>will find someone who values your experience. Glad you liked the post. The best way I know of to explain this to a
prospective employer is to frame it as what you learned. Rather than
discuss the perceived failure, present the learnings from it. How you
changed your approach to the next opportunity. How your experience gives
you insight into possible ways a project could fail. The automotive
industry and many others that focus on quality control use a process called
FMEA (Failure Mode and Effect Analysis). The more experience you have in
“making things break” the better you are at anticipating them and developing
corrective measures.

Focus on the improvements you made. The adjustments and changes the
previous experience had on you and your outlook on projects.

CEOs can run a company into the ground and still be in demand because they
bring experience to the table. Learn to position yourself and your
experience in a positive light. If you made mistakes admit them and discuss
what you learned.

In today's job market it is going to be tough as companies are often looking
for a perfect fit for the job. Keep striving to find the right fit. You
will find someone who values your experience.

]]> By: kathymccurry http://www.askthewealthsquad.com/blog/fail-fast-a-successful-business-approach-or-utter-stupidity/comment-page-1/#comment-99 kathymccurry Tue, 01 Dec 2009 08:34:27 +0000 http://www.askthewealthsquad.com/?p=416#comment-99 Scott - Thank you for being bold enough to provide this insightful post. As an entrepreneur who has been through the rounds of 'failure' and iterations of improvements, I applaud your ability to 'get it'. Most people conceptually acknowledge that mistakes and failures are a necessary part of progress and success. But sadly, the vast majority of companies and people aren't interested in hiring people who have taken chances and experienced the 'failures'. Just an interesting personal observation. Being an entrepreneur takes guts, courage of conviction, a ton of hard work, and a willingness to put it all on the line - and to objectively make course-corrections along the way. What's the best way to explain to prospective employers that this is a good attribute? Scott – Thank you for being bold enough to provide this insightful post. As an entrepreneur who has been through the rounds of 'failure' and iterations of improvements, I applaud your ability to 'get it'. Most people conceptually acknowledge that mistakes and failures are a necessary part of progress and success. But sadly, the vast majority of companies and people aren't interested in hiring people who have taken chances and experienced the 'failures'. Just an interesting personal observation. Being an entrepreneur takes guts, courage of conviction, a ton of hard work, and a willingness to put it all on the line – and to objectively make course-corrections along the way. What's the best way to explain to prospective employers that this is a good attribute?

]]> By: TheWealthSquad http://www.askthewealthsquad.com/blog/fail-fast-a-successful-business-approach-or-utter-stupidity/comment-page-1/#comment-70 TheWealthSquad Tue, 01 Dec 2009 03:33:31 +0000 http://www.askthewealthsquad.com/?p=416#comment-70 Glad you liked the post. The best way I know of to explain this to a<br>prospective employer is to frame it as what you learned. Rather than<br>discuss the perceived failure, present the learnings from it. How you<br>changed your approach to the next opportunity. How your experience gives<br>you insight into possible ways a project could fail. The automotive<br>industry and many others that focus on quality control use a process called<br>FMEA (Failure Mode and Effect Analysis). The more experience you have in<br>"making things break" the better you are at anticipating them and developing<br>corrective measures.<br><br>Focus on the improvements you made. The adjustments and changes the<br>previous experience had on you and your outlook on projects.<br><br>CEOs can run a company into the ground and still be in demand because they<br>bring experience to the table. Learn to position yourself and your<br>experience in a positive light. If you made mistakes admit them and discuss<br>what you learned.<br><br>In today's job market it is going to be tough as companies are often looking<br>for a perfect fit for the job. Keep striving to find the right fit. You<br>will find someone who values your experience. Glad you liked the post. The best way I know of to explain this to a
prospective employer is to frame it as what you learned. Rather than
discuss the perceived failure, present the learnings from it. How you
changed your approach to the next opportunity. How your experience gives
you insight into possible ways a project could fail. The automotive
industry and many others that focus on quality control use a process called
FMEA (Failure Mode and Effect Analysis). The more experience you have in
“making things break” the better you are at anticipating them and developing
corrective measures.

Focus on the improvements you made. The adjustments and changes the
previous experience had on you and your outlook on projects.

CEOs can run a company into the ground and still be in demand because they
bring experience to the table. Learn to position yourself and your
experience in a positive light. If you made mistakes admit them and discuss
what you learned.

In today's job market it is going to be tough as companies are often looking
for a perfect fit for the job. Keep striving to find the right fit. You
will find someone who values your experience.

]]> By: kathymccurry http://www.askthewealthsquad.com/blog/fail-fast-a-successful-business-approach-or-utter-stupidity/comment-page-1/#comment-69 kathymccurry Tue, 01 Dec 2009 01:34:27 +0000 http://www.askthewealthsquad.com/?p=416#comment-69 Scott - Thank you for being bold enough to provide this insightful post. As an entrepreneur who has been through the rounds of 'failure' and iterations of improvements, I applaud your ability to 'get it'. Most people conceptually acknowledge that mistakes and failures are a necessary part of progress and success. But sadly, the vast majority of companies and people aren't interested in hiring people who have taken chances and experienced the 'failures'. Just an interesting personal observation. Being an entrepreneur takes guts, courage of conviction, a ton of hard work, and a willingness to put it all on the line - and to objectively make course-corrections along the way. What's the best way to explain to prospective employers that this is a good attribute? Scott – Thank you for being bold enough to provide this insightful post. As an entrepreneur who has been through the rounds of 'failure' and iterations of improvements, I applaud your ability to 'get it'. Most people conceptually acknowledge that mistakes and failures are a necessary part of progress and success. But sadly, the vast majority of companies and people aren't interested in hiring people who have taken chances and experienced the 'failures'. Just an interesting personal observation. Being an entrepreneur takes guts, courage of conviction, a ton of hard work, and a willingness to put it all on the line – and to objectively make course-corrections along the way. What's the best way to explain to prospective employers that this is a good attribute?

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