It’s time for businesses to change the way they think about failure

Like many entrepreneurs, Pepe Villatoro didn’t like to talk about his failures – at least, not without mentioning the successes that came after. But one night in Mexico City, fuelled by a few drinks, he and a group of friends decided to share their worst business failures, and Villatoro experienced a powerful sense of freedom.  He realized that Silicon Valley’s “fail fast” mentality had popularized the idea of failure as a learning opportunity but not addressed the enduring stigma att

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