Comstock's magazine 1019 - October 2019 | Page 72

n LEADERSHIP H enry Ford dreamed of mass-producing cars. So he started the Detroit Automobile Company … and it flopped. Oprah Winfrey was fired from her first job at a TV station. Before she dominated the world of fash- ion, Vera Wang failed to realize her original dream — making it as an Olympic figure skater. And before he rallied the world to fight Adolf Hitler, Winston Churchill was fired in 1915 as head of Britain’s navy. Examples like these are everywhere. Success is built from the blocks of failure. “Failure can be the greatest gift,” says Michelle Payne, a leadership coach and CEO of Sacramen- to-based SEE Strategies. “I see this with all my clients. Maybe someone gets laid off, or the job gets eliminated. It’s painful, but fast-forward six months or a year later, and they’ll look back and say it’s the best thing that ever happened to them.” Yet most of us dread failure. We’re embarrassed by it, al- most like a body odor. So what, exactly, makes failure useful? Clearly not every failure is a blessing in disguise. (Try saying “Look on the bright side!” to a resident of Chernobyl.) But fail- ure can have power if we learn how to respond to it, and that involves a mix of psychology and grief — and lots of spaghetti and marshmallows. USEFUL FAILURES We toss around the word “failure” as a catchall, but not all failures are created equal. “When corporations say they want to ‘fail fast’ or ‘fail hard,’ they don’t really want … to lose $30 million,” says Payne, laughing a bit. “Failing fast” is a way of piloting — testing, tweaking, taking lots of smart risks. Consider the spaghetti experiment. A decade ago, Peter Skillman, then an executive at Palm, arranged volunteers into four-person teams and gave them a goofy mix of items: 20 sticks of spaghetti, 1 meter of tape, a piece of string and a single marshmallow. The teams had 18 minutes to build the tallest structure they could, and it had to have the marshmal- low on top. He gave this challenge to hundreds of people, in- cluding CEOs, lawyers, engineers and business students. The winning group? Kindergartners. “The engineers had years of schooling and work experi- ence to teach them how to build sound structures,” explains Megan McArdle in the book “The Up Side of Down: Why Failing Well Is the Key to Success.” “But the kindergartners had something even more powerful: They were not afraid of failure. By trying and failing, they learned what didn’t work.” This is the bedrock of science — you create a series of exper- iments, and each time you “fail,” you apply that learning to your next attempt. Yet, if we’re not careful, these small, useful failures can snowball into a catastrophe. “Failure can be like boiling a frog in hot water,” says Payne. “You get used to the tempera- ture so much you don’t notice that you’re being boiled alive until it’s too late.” For this we can blame our mind’s penchant 72 comstocksmag.com | October 2019 for confirmation bias — we welcome data that supports our views, and we put less stock in contradictory evidence. For an example, let’s consider the case of an entrepreneur named Jontae James. OUR STUBBORN BRAIN James had what he thought was a killer idea: a startup called YOOO, short for Your Out of Office, a platform to promote work-life balance. James had connections. He was a popular guy and had been since he played basketball for Saint Francis University (he was good enough to make NBA training camps, but didn’t crack a roster). So, in 2013, in Silicon Valley, he launched YOOO, leverag- ing his connections to arrange deals for employers, offering them out-of-office perks they could give their employees as an HR engagement and retention tool — a free happy hour on a Tuesday night, or maybe VIP access at a club. He wooed cor- porate clients and envisioned a $100 million valuation, but he needed more users, so he kept giving away freebies to grow the base. This cost money. He dug in deeper. “I ignored the hard truths,” he says now. Looking back, years later, James acknowledges a confirmation bias — he had focused on every nibble of interest and glossed over the many rejections. “The truth is that I had the wrong business model,” he says. “It just didn’t add enough value for the employers. It was a nice-to-have; it wasn’t a need.” In a desperate Hail Mary, he decided to throw an epic 10,000-person party to salvage the business —  converting partygoers to users and convincing corporations that YOOO was legitimate. James put every nickel into that party. “I borrowed money from people I shouldn’t have,” he says. The night of the par- ty came. Fewer than 2,000 attendees showed up. YOOO was dead. “It was rock bottom,” he says with pain in his voice. “Just total despair. The biggest failure ever. I literally felt like I want- ed to kill myself.” Those negative thoughts shadowed James for years, and for this, we can thank neuroscience. Alison Ledgerwood, a psychology professor at UC Davis, studies how information is framed — whether in a “loss frame” (glass half empty) or “gain frame” (glass half full) — and then how the brain responds to changes in that framework. In a TED Talk that went viral (4.2 million views), she shared this example: One group of people is told a new surgical procedure has a 70 percent success rate (a gain frame), and another group is told that a new surgical procedure has a 30 percent failure rate (a loss frame). Same procedure, same data, but people liked the procedure more when it was described positively. That part isn’t so surprising. Here’s the twist: She then went back to the first group (the positive frame) and told them, “You know, you could think of this as a 30 percent failure rate.” Suddenly, they didn’t like the procedure. They changed their minds. She also went back to the second group (the negative