Omar Zenhom explains why failure is essential to success in business. He shares how an early failed podcast taught him lessons that led to later wins, and argues that early versions of ideas almost always fail before they work.
Most people think failure means you're doing something wrong. It doesn't. Failure just means you just haven't figured it out yet. In business, the first version of your idea usually absolutely sucks. Okay? That's normal. This podcast, the Hundred Dollar MBA show, wasn't my first podcast. The first one totally flopped. It was a horrendous failure. But each failure taught me something. Taught me something critical, something that led me to a big success in each one. Once you start realizing that, you stop trying to avoid failure, you stop trying to not lose, and you just try to win. And if you fail, that's okay.
