Mistakes Well Handled

A friend told me about a book he just read and shared a quote from it that stuck with me. It’s from Stanley Marcus, former CEO and chairman of Neiman Marcus:

The road to success is paved with mistakes well handled.

Spot on! It’s impossible to be successful and get everything right on the first try. Mistakes (and the learnings from them) are inevitable and part of the process. What’s important is how mistakes are handled. Handle them well and the probability of success increases. Handle them poorly and it decreases.