The Failure Autopsy: Extracting Maximum Learning from Mistakes

By: A Staff Writer

Updated on: Sep 03, 2024

Don’t just let failures fade away. Conduct a thorough analysis for powerful insights:

• While the Pain is Fresh: Jot down EVERYTHING you remember while it’s still raw.
• The 5 Whys: Go deeper to the root cause… “It didn’t sell” – WHY? Keep digging.
• Seek Outside Input: Mentor, mastermind, etc., can see what you’re too close to.
• Could I Have Prevented This? If yes, how? Systematize that for next time.
• Unexpected Upsides? Did it force a pivot that’s now better than the original plan?
• Document Your Lessons: Refer back to them before launching new projects.

Turn setbacks into a roadmap for avoiding the same potholes in the future.

Proactive failure analysis beats repeating the same costly mistakes.

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