He was a man who had been knowledgeable, if not even present for each of my successes, wins, failures and losses in life.
When I had failures or trials in my professional career this book helped me to have the courage to pick up and move forward.
FORBES: Change Happens. Embrace It. Enjoy It. Look Forward To It.
With 108 bank failures so far in 2010 my prediction that the FDIC would close 150 to 200 banks this year seems like a slam dunk.
The FDIC closed only one bank last Friday bringing the total for 2010 to 109 failures still on track for my prediction that 150 to 200 banks will fail this year.
"My whole life has been a set of failures, " says Mr. Jain, whose Internet-search venture InfoSpace almost ran out of money in the 1990s.
For a thorough deconstruction of hundreds of large business failures where smart people at good companies got their assumptions wrong, see my book, Billion-Dollar Lessons: What You Can Learn From The Most Inexcusable Business Failures of the Last 25 Years.
With 242 bank failures since the end of 2007 and my prediction that 500 to 800 will fail by early 2013, community banks need help.
Some of my guests have had the courage to share their spectacular failures, which has been a great resource to help those coming behind avoid the same mistakes.
FORBES: 5 Great Tips from Kickstarter: Boost Tomorrow's Business
"In my view all the surgeries I suffered up to age 19 were unnecessary failures, " he says.
When I look back at my own career, it is so full of shocks, surprises, failures, u-turns and right turns, I could never have planned it.
We always have setbacks, obstacles and serious failures along the way. (For more on this buy my recent book, Why People Fail).
So, I hope you can understand my passion as a form of disappointment with the business community to abandon repeated failures and adopt more reliable processes, such as User-Centered Design or Value Innovations.
FORBES: How To Know Your Company Is (NOT) Ready To Innovate And What To Do About It
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