Elon Musk Explains the Fallacy of Learning from Failure
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Details, nuance, and subtlety matters. The stories we hear from our culture are almost always presented as black-and-white, because the gentler ideas won't cut through the noise. But it's the more complicated notions that are almost always closer to the truth.
In addition, success usually means overcoming failure again and again especially for something hard like building a rocket. I suspect he is equating failure with quitting. I would certainly agree that you learn nothing from quitting, but failure is not necessarily quitting.
Looking at it from a binary, black and white point of view, then I'd argue you learn the same whether you succeed or fail. Elon's point is true, if you succeed you have learnt that what are you doing is correct, and works. Whereas if you fail, you've learnt that what you were doing was wrong and didn't work. In both cases you've learned something. The only difference is that failure creates more opportunities to learn again. If you've got a winning formula, you're unlikely to change it, whereas if you fail and start again, you can then learn if your new formula is any better and repeat until you win.
One problem with this generalisation however, is that life isn't just win or lose. It's made up of many wins and many losses and it's easy for one big win, or one big loss, to hide all of the other achievements. I'm sure SpaceX and PayPal have had more than their fair share of failures but their one big "win" (The ability to make money, although not yet in SpaceX's case) is overlooked.
Infact I'd argue that PayPal has failed as it is has not replaced banking to the levels it was initially envisaged. If anything, it's relevance today is being eclipsed by other technologies, easier payment by actual banks for one thing.
And if you fail just once, your future success is also based on your previous failure ?
But I see his point nonetheless, if you take the stigma out of failure, you are less motivated to succeed...
1. If you succeeded for cause, you can often identify exactly what elements are needed for success in the next instance (whereas if you failed, you'll think long and hard about the "lessons" you need to take, but that doesn't leave you with a recipe for success - you may have several more failures to go at your rate)
2. The visceral feeling of soul-searching, of really thinking, of facing reality, isn't something that should be reserved for post-mortems of spectacular failures. Why not all the time? Further, an unexpected success would, for me, lead to just as much deep re-thinking - I wouldn't just adjust my optimism set-point and move on; I'd want the to understand the elements of my success.