How Failure Taught Edison to Repeatedly Innovate

How failure taught Thomas Edison to repeatedly innovate

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.”

— Thomas Edison

If he hadn’t failed, Thomas Edison might not have become America’s most well-known and prolific innovator. Like most entrepreneurs, when Edison first started his career, he was certain he had observed a fundamental problem he could solve….

…Edison learned the value of rapidly iterating to get to the solution customers needed. For example, in developing a commercially viable light bulb, Edison actually went through over ten thousand prototypes before getting it right. Had Edison followed the traditional model of product-development model of writing a product specification, building a product, then trying to sell it, his competitors would have beat him by decades. Later Edison became famous for saying “I have not failed 10,000 times. I have not failed once. I have succeeded in proving that those 10,000 ways will not work. When I have eliminated the ways that will not work, I will find the way that will work.” You will find a way that works too ….

Read the full article in Forbes

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