A short transcript of Jensen Huang urging listeners to develop a tolerance for failure as a prerequisite for innovation and success. He clarifies that tolerance for failure does not mean neglecting responsibilities but means being willing to experiment when outcomes are uncertain, using examples (e.g., Google labeling features 'beta') to show iterative testing and removal of failed ideas.
Chapters
If you want to be successful, I would encourage you to grow a tolerance for failure. Now, when I mean a tolerance for failure, I don't mean Gee, what Jensen just told me is sleep in until noon, okay? Don't do any of my homework, flunk out of all my classes, because that defines failure, right? That's not what I said. What I'm trying to say is that I want you to try things even though it is impossible to calculate precisely that it would lead to success. That your instincts, your intuition is something you ought to follow. If it wasn't because of following my own instincts, or the founder's instincts, or many of our employees instincts, why would we be where we are today? And why would we have invented things that the world's never had before? So you have to have this culture or tolerance for risk taking. I'm sure you guys all go to Google's website. Almost every single application's in beta form. They're trying all kinds of stuff, right? They're trying all kinds of stuff. If they call it production and it doesn't work, well, you guys would just be upset at them. So they call it beta so that they could try a lot of things. And if it fails, take it out. If it's bad, take it out. If it works, do more. And so innovation requires a little bit of experimentation. Experimentation requires exploration. Exploration will result in failure. Unless you have a tolerance for failure, you would never experiment. And if you don't ever experiment, you would never innovate. If you don't innovate, you don't succeed. You'll just be a dweeb.