Harvard Business School professor says this is the No. 1 'misconception about failing'

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Failure is often a catalyst to success, but only if you're failing the right way, says the author of 'Right Kind of Wrong: The Science of Failing Well.'

at building a platform for third-party sellers to list their products before founding the e-tail giant. Olympic champion gymnast Gabby Douglas credits her missteps on the floor for helping her adopt a resilient attitude.. "It was falling seven times. It was making mistakes.

A failure, she says, is when you properly use your knowledge and resources to accomplish a goal, but it just doesn't pan out. A mistake, on the other hand, is when you stray from a process proven to lead to success. "There is a lot of happy talk out there about how we should celebrate mistakes," Edmondson says. "We should celebrate productive failures."

 

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