Creating Genius Magazine Summer Issue | Page 27

Good entrepreneurs inevitability fail. Great entrepreneurs fail forward, fast and furious. The distinction is not merely the failure rate, frequency, or the severity of the damage. Resilience breeds when you slowly rise up, gladiator-style. The true success indicator is having the ability to translate devastations into lessons, and then into discernible actions, perpetually modified for the intended target. Life as an entrepreneur requires adaptability and flexibility, as change is constant. Success is thus determined by how comprehensive contingency plans are and how reactions to change are managed. This skill-set of calculated resilience could be the difference between a profitable venture and one that comes up short. Quick Tips on How to Fail Forward, Fast and Furious Style Cultivating Failure: Take calculated risks and unabashed chances. Dive in headfirst, but have a healthy aversion to uncertainty. Perfectionism is the enemy of innovation. There is a delicate balance between pragmatic solutions meeting specific requirements and razor-blade cutting edge dynamics. Skirt that line. Resilience Forward: Learn. Make mistakes only once. Do not be redundant in solutions that did not work (definition of insanity). Mentally exercise possibilities by becoming an avid solution-seeker. By  Luisa  Frias   Fast and Furious: Speed is of essence when decisions are tantamount to execution. However, informed decisions must occur, so have a pre-determined optimal calculation for your particular projects in terms of ROI. Constraints X Effort of Output (time, money or project specifications) = Pursuit of project. Metrics matter and you can laser in on modifications that need to occur in real time. Do this with the fury that encapsulates the beautiful madness of the entrepreneurial journey. How to Fail Forward, Fast and Furious Resilience to failure and learning the tenets of failing forward, fast and furious are the keys to continual pursuit and eventual success. Change does not seek permission to occur, it is ferocious. So then, the question is, how ferocious are you? Summer Issue | cre a t in g e ni u s | 27