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The point about "failing fast"

The point about "failing fast"

”Fail fast to succeed sooner”. Unless you live in a cave, you’ve probably heard this motto, most likely from a self-acclaimed innovation guru or an intrapreneur with slicked back hair. Especially for people with a corporate background, the underlying wisdom may be hard to appreciate, and so the motto is usually taken as Silicon Valley mumbo jumbo glorifying bankruptcies and wasteful spending of investors’ money. This is unfortunate, as “failing fast” is a point of view that works very well in corporate settings, too.