About 50 years ago, before the advent of the internet, It costs more to make things that matters. For example if you want to set up a Newspaper company, you will need (a) A building with offices in it (b) Paid staffs (c) Delivery vans....e.t.c. You will need a huge amount of capital to launch that kind of business. Mistakes were expensive and you couldn't afford to try out new things (even if you wanted to).
So it was easy for school to brainwash us into believing that mistakes are bad and must be avoided at all costs. It was easy for our teachers to prepare our minds to defend the status quo. Because in the industrial economy, only those with capital create stuffs that matters while the rest go to school so they can work for them.
But with the advent of the internet and crazier technologies, there was a paradigm shift from the Industrial economy to the Connection economy- where there are unlimited opportunities for those who dare take a leap. A connection economy where you don't have to wait to be picked. A connection economy where you can create your own "world" and dominate it.
Unfortunately, school didn't seem to flow with the tide. They still teach our kids how expensive mistakes are and why they need to avoid them. They still teach us not to take risks- because we might fail.
This is wrong! Mistakes are less expensive in the connection economy. we can afford to fail and make mistakes. You don't need a building or a large group of people to start a company now. The cost of starting a business is cheaper than in the last 50 years.
The connection economy is the best time to take risks and try out new things because there are unlimited resources at our disposals. And the only way to really succeed in the connection economy is to fail. Yes, you didn't read that wrong. You need to fail as much as you can until you succeed. Interestingly, this has no downside unlike what our teachers told us. Because when you fail, you learn new things and connect with new people (all of these at little or no cost).
Those that truly fail are those defending the status-quo just like school taught them, those that not willing to give it a shot. Those that are scared of trying.
We need to keep failing (as opposed to what our teachers taught us) until we get it right.... That is the only way the connection economy works.
Sadiq Daniel is a certified Crazy Writer and Teens Coach that blogs on business, Self- development, Life lessons and Ideas that challenges the status quo... You can pursue him on Twitter: @sadiqspeaks LinkedIn: Sadiq Daniel and Email: Sadiqdaniel@gmail.com
