During our June 2024 NextGen programme, Ben Hardy discussed the importance of failure in learning and and growth. Ben also elaborates on how embracing challenges helps prepare the next generation for leadership and family governance, building resilience for future success.
Today I talked about failure, um,
which is a topic I feel I know a certain amount about,
but really the importance of failure in terms of learning
and helping to develop.
And there's sort of two ways you can present it.
You can do it as a kinda march to glory,
which sounds very impressive
and that's what people's cvs look like,
what people's obituaries look like.
But a more interesting, I think is how it actually happened
and how things that look like some kind of
glorious transition, often a, a stumble from one thing
to the next, but you learn something from it
and that then sets you up for the next thing.
I think it's really important to talk
to this group about failure
because they are from very successful families very often,
and the assumption is that, you know,
they should be successful too.
And actually often we don't know about the, the failures,
the things that didn't work, that people learnt from that,
then success set them up for success later on.
So, you know, someone may have set up a very successful
company as their child.
You may know slightly less about the three
or four unsuccessful companies that preceded it,
that they learned from that then set them up for success.