How To Fail At Almost Everything And Still Win Big
1) The general theme of this book is that you have to be willing to throw things at the wall until something sticks. The thing that brings you success won't be the first thing you try and it might not even be the 100th thing you try, but the key is to keep trying and learning from each try.
2) The applications to entrepreneurship are obvious, since a big part of entrepreneurship is trying things over and over again until you get your formula right.
3) For an exercise for this class, I'd say to make a "System" as described in the book. The book discourages goals, as they're traditionally defined, and encourages these "systems". Systems are about a daily routine of working towards success, instead of a deadline goal that sets you up for disappointment.
4) One thing that I liked was encouraging the reader to set their schedule around when they feel the most energetic. I've read a ton of literature encouraging folks to get up at 6AM or whatever and start the day early, but I really just can't do that. I'm simply not functional at that hour and frankly it's a waste of time. This book encourages working when you will do your best work. If you're a night owl, then work at night.
I thought about picking this book to read and do the assignment on and from what you said, it sounds like it was a good book. I agree that it is important to not give up when trying to create a successful business. Odds are, you will fail the first time you try it, but you have to keep trying and pushing past your failures and eventiually you will get it right.
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