You Actually Can Afford to Fail (Intelligently)

Overview

Failure has long been a product of the entrepreneur, embodied fully by the mantra of the economic juggernaut Silicon Valley—“Fail Often, Fail Fast, Fail Forward.” Some corporations are following this lead and finding value in experimentation, pushing the envelope, and learning from mistakes. It seems to follow that families can apply some of these same tactics to teach children to take smart, calculated risks and learn through experience.

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