It is very important to learn from your mistakes.

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You get to learn from all your competitors mistakes, and maybe create a better molecule or at least run better designed clinical trials.

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The crew might be more familiar with riggings than roulades but Lim and Tuck have a simple message for them when it comes to cooking: "We encourage you to follow this bit of sage advice from Julia Child: 'Learn how to cook -- try new recipes, learn from your mistakes, be fearless, and above all have fun!'"

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You need enough self-esteem to believe you can learn from your mistakes and succeed another day.

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"We have been struggling ever since we went to Sri Lanka but you learn from your mistakes and I'm sure we will work hard on those things which we are lacking, especially the dropped catches, " he said.

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If you build a culture which gives people time to reflect, develop and share expertise, stay close to customers, and learn from mistakes you will outdistance your competition and thrive in the face of huge market change.

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However, you do rather hope that large corporates, those to whom you might entrust your entire computing operation, learn from such mistakes.

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One of the biggest mistakes you can make as a manager (of any age) is to refuse to learn from your team.

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