
“Treat your life like a game or a martial art,” says Dalio. “Your mission is to figure out how to get around your challenges to get to your goals. In the process of playing the game or practicing this martial art, you will become more skilled. As you get better, you will progress to ever-higher levels of the game that will require — and teach you — greater skills.”
“The most critical part of the process, which 90 percent of people don’t do, involves taking a couple of minutes to reflect on what happened and being brutally honest with ourselves on why it happened,” says Graham Young, vice chairman of Graham Theodor & Co. and a Fast Company contributor.
“A lot of people still think of failure as a sign of personal incompetence and try to avoid it at all cost,” says Andrew Filev, CEO and founder of Wrike. “But when you view building a business as a series of experiments, you start to see failure as an inevitable step in the process.”