Founder of Spanx
I used to sit at the dining room table as a kid and my dad would ask me what I failed at that week. If I tried out for a school play and didn't get it, he would high-five me. He always encouraged me to fail. I didn't realize at the time how much this advice would define not only my future, but my definition of failure. I have realized as an entrepreneur that so many people don't pursue their idea because they were scared or afraid of what could happen. My dad taught me that failing simply just leads you to the next great thing. It was pretty unconventional parenting, but I realize now that if I hadn't failed, I wouldn't be where I am today. I tried to be a lawyer and failed the LSATs twice. It was one of many tests that showed me how some of the biggest failures in our lives just nudge us into another path.
We went through our archives for nearly a decade of collected wisdom that still holds up.