Counterpoint: Learning from Failure is Overrated
There are two reasons why learning from failure is overrated. Firstly, learning from success is far more efficient than learning from failure. In fact, research from the University of Chicago Booth School of Business strongly supports that you learn more from success than failure.
Secondly, as I wrote a couple days ago, most people fail at learning from failure. This is because learning from failure is difficult. You must be able to reverse engineer the causes of failure into learning that leads to a transformational change while separating your ego from those causes. Furthermore, learning what not to do is not effective when you don’t also learn what to do instead at the same time.
Bottom line is that learning from failure just doesn’t happen because you show up and say you’re going to learn from failure. It takes work to learn, and you must work on how you learn if you want to learn from failure.
This is why the best approach to learning from failure is to get coaching. Not group coaching, not coaching in practice with a team, but one-on-one coaching with someone who will focus on just you and your unique needs. Without one-on-one private coaching, the chance that you will learn from failure is slim. It’s not impossible, but it’s also not probable.