RickSegal's WebLog

Failing Faster

In Tom Peters' new book, he talks about failing faster in order to get to success faster.  As a VC, I like this basic idea, much to the surprise of other VCs I know.  Personally, there should be a website and/or a Blog for failures.  Like Bizbooboos.com or bizfailures.com. Once set up, people post failures and other information. categorize it, key words, search terms, etc. for every anonymously posted item, you can read/search the others and hopefully learn from them as a way to find success faster.

what would be nice in people's blogs all over the web is some key word or setting that allows my bot to hunt down all the failure postings with respect to a particular thing i am looking at.  again, speeding up my failures so i could get to success faster.

the general point here is that maybe if we all share the 'lessons learned' it might make all of us smarter.

just a thought. Great book. Re-imagine is the name.  The amazon link is below (I'm not an affiliate, just a handy link..)

http://www.amazon.com/exec/obidos/ASIN/078949647X/qid=1076209983/sr=2-1/ref=sr_2_1/002-1149970-8957665

Comments

Robert Scoble said:

Great minds think alike. Here's my write up of Peter's book:

http://radio.weblogs.com/0001011/2003/12/28.html#a5952
# February 7, 2004 10:29 PM

Dan Gordon said:

David Kirsch at University of Maryland Business School has a database of failed-company business plans, and is researching failure modes or failure factors. These are all plans from the Dot Com era, so probably all share certain bubble-y problems, but maybe there are enough unique failure factors to make them interesting?
# February 8, 2004 10:55 AM
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