Yesterday I wrote about quitting, citing Streep and Bernstein’s new book, Mastering the Art of Quitting: Why It Matters in Life, Love, and Work.
Today I want to move on to failing, using Meg McArdle’s new book, The Up Side of Down: Why Failing Well Is the Key to Success.
Fail often, fail early?
Start-up (eventually successful) entrepreneurs glibly recommend this practice for new businesses. However, this four letter “f” word is more shocking than the well known scatological epithet. Let’s be honest, if yesterday’s topic, quitting, is a taboo, failure is an out-and-out expletive. As Seth Godin the prolific marketing writer says, “It’s much easier to whine and sabotage yourself and blame the client, the system, and the economy.”Megan McArdle discovered not that long ago how failing can be beneficial nonetheless. Just note the subtitle of her book, The Up Side of Down: Why Failing Well Is the Key to Success, and you’ll see where she’s going. For instance, back in 2009 McArdle wrote a column on the virtues of bankruptcy for the Atlantic where she was a senior editor at the time. Today she is a columnist at Bloomberg View.
McArdle makes no secret of the right-of-center views that she has held through thick and thin, but in this book she tells a very personal story astutely supported by research with wide application while showing little sign of political bias. Her interview list is eclectic including figures like Carol Dweck and Daniel Gilbert as well as many others associated with positive psychology.McArdle’s story targets disasters in key aspects of her life. She writes of failed career moves and relationships and a long destructive bout of unemployment. Of these unemployment was easily the worst. “The best way to survive unemployment is to adopt what you might call the Way of the Shark: keep moving, or die.”
What was the Upside of Joblessness?
Like the author, I hope this vicious circle never ensnares any of you! The upside of McArdle’s joblessness? During the downtime she became a steady, reliable blogger and eventually a successful, happy, very competent writer. Think also about what Streep and Bernstein write about quitting: Is it time to stop beating the dead horse of a now lifeless opportunity? Or should you just keep moving and biting no matter what, like the shark?
Context is everything and those of us who seek to reenergize clients facing big changes need to follow the endlessly repeated advice from the Kenny Rogers song, “… know when to hold ’em, know when to fold ’em.” Eliminate some of the gamble and read these two books.
McArdle, M. (2014). The Up Side of Down: Why Failing Well Is the Key to Success. New York: Viking.
Dweck, C. (2007). Mindset: The New Psychology of Success. New York: Ballantine Books.
Gilbert, D. (2007). Stumbling on Happiness. New York: Vintage.
Godin, S. (2013). Q&A Honing Your Creative Practice. In J. K. Glei (Ed.), Manage Your Day-to-Day: Build Your Routine, Find Your Focus, and Sharpen Your Creative Mind (The 99U Book Series). Las Vegas: Amazon.
Schlitz, D. (1976). “The Gambler.” The Gambler album by Kenny Rogers. Nashville: Sony/ATV Music Publishing LLC.