006 - Redefining Failure: The Hidden Costs of Success and the Power of Stepping Out- part 1

Summary

This conversation explores the topic of failure and how individuals perceive and handle it.

The host introduces a two-part series on failure, focusing on the individual perspective in this episode.

The conversation highlights the perception of failure through an Olympic medallist story, the cost of success, different thresholds to failure, the influence of the environment, stepping out of the comfort zone, and choosing the size of the step. The episode concludes with a preview of the second part, discussing handling failure in organisations.

Takeaways

• Failure is often seen as a personal experience, and individuals may feel alone.
• Success often comes with a cost, including practice, mindset, and risk acceptance.
• The perception and acceptance of failure can be influenced by upbringing and the mindset of those around us.
• Stepping out of the comfort zone is necessary for growth; remember that you still have a choice. Tune in to see what works best for you.

Chapters

00:00 - Introduction to the Series

00:56 - Perception of Failure

02:22 - Midori Ito Story (and the perception of how she could succeed) p.s. she won silver, not gold;)

03:40 - The Cost of Success

04:30 - Different Thresholds to Failure

05:58 - The Influence of Environment

06:23 - Stepping Out of the Comfort Zone: you always have options; here they are

07:49 - Conclusion and Preview of Part 2