Learn how to experience failure to succeed

What do light bulbs, vaccines prevent polio and the Internet have in common? It was all these early inventions that were considered to be failures, but then extremely successful.

>>>Failure is not a successful mother

Experts say that fear of failure makes people dare not risk, but sometimes failing and learning from mistakes is very important.

"Basically, you must be willing to taste defeat, " said Olafur Ragnar Grímsson, president of the Republic of Iceland. Former President Bill Clinton has formed an organization to link global leaders to develop solutions to tackle the challenges and challenges of the world such as poverty reduction and climate change.

In a speech entitled "Can we fail faster, bigger and better for greater impact?" (Can we fail faster, fail more and better failures for higher effects ?), Grímsson said that people are afraid of failure. However, this mentality needs to change.

From 2008 to 2011, Grímsson followed the process of his country plunging into a financial crisis."You can fail miserably. You can fail quickly. And we certainly failed like that , " he said. But since then, Iceland has transformed into a good example of successful failure.

At the time of many Icelandic banks crisis, the government organized a referendum. The public can decide whether they accept the tax burden of a relief, but it is a mistake."It is impossible to bring democracy out to solve an economic crisis," Grímsson said.

The wisdom of the majority of the financial crisis is good. But it actually leads to failure in the economic sectors, Grímsson said. Banks need to become big technology companies so that when facing crisis, engineers, mathematicians and IT experts need to develop their talents to help banks overcome difficulties. It is the innovations and technological talents that will boost the economy and turn failure into success.

According to the President of Iceland, to recover from the big financial crisis that Iceland has experienced is something that can be done, but must be willing to accept the risk of failure. Society is always changing, so if political leaders try to change the world and fail, they should not repeat mistakes in the next election. "A failure can knock you out of the political arena or out of the corporate office, and we need to change that," Grímsson said.

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