logo News
  • Home
  • Management
    Management Show More
    How To Be a "Motivational" Manager?
    Jul 01, 2025
    Steve Jobs: The Self-Esteem Of A-List Talent Doesn't Need To Be Pampered By You
    Jun 30, 2025
    Management Story: Change Is a Golden Key To Business Success
    Jun 29, 2025
    Five Great Tips For Building Harmonious Win-Win Employee Relationships
    Jun 28, 2025
    Is Money Really The "Master Key" To Motivating Employees?
    Jun 27, 2025
  • Marketing
    Marketing Show More
    Take a Look At Ten Ways To Market Your Business Online
    Jul 01, 2025
    How Does Word-Of-Mouth Marketing Content Marketing Work Better? Marketing Tips And Marketing Methods
    Jun 30, 2025
    When Gifs Become "Social Currency"
    Jun 29, 2025
    How to Play Location Marketing Well
    Jun 28, 2025
    6 mistakes to avoid in marketing automation
    Jun 27, 2025
  • Entrepreneurship
    Entrepreneurship Show More
    Summary Of Failures: 5 Military Rules Of Self-Discipline To Learn When Starting a Business
    Jul 01, 2025
    Five Ways To Start a Business And Say Goodbye To The Low-Cost Era
    Jun 30, 2025
    Learn To Think Like a Rich Man... It's Easy To Make Money!
    Jun 29, 2025
    An Executive's Insight Into The Secret Of Bill Gates' Success
    Jun 28, 2025
    How Do People With Creativity Succeed?
    Jun 27, 2025
  • Company
    Company Show More
    Electronics Giant Philips
    Jun 30, 2025
    The pillars of the Korean economy - the Samsung empire
    Jun 28, 2025
    Nike, one of the top ten brands in the world
    Jun 27, 2025
    Disney, one of the world's top ten brands
    Jun 26, 2025
    Mercedes Benz, one of the world's top ten brands
    Jun 25, 2025
  • Entrepreneur
    Entrepreneur Show More
    Queen Of Skincare - Estee Lauder
    Jul 01, 2025
    Paul Otellini, former CEO of Intel
    Jun 30, 2025
    Tadao Yoshida, The King Of Zips In Japan
    Jun 29, 2025
    Founder Of Motorola - Paul Galvin
    Jun 28, 2025
    Debtors Of The World - John. Pierpont. Morgan
    Jun 27, 2025
Search
Share via
Reading: A senior executive's understanding of Bill Gates's secret of success
logo logo
  • Home
  • Management
  • Marketing
  • Entrepreneurship
  • Company
  • Entrepreneur
Search
  • Home
  • Management
  • Marketing
  • Entrepreneurship
  • Company
  • Entrepreneur
Home > Entrepreneurship > A senior executive's understanding of Bill Gates's secret of success
Entrepreneurship

A senior executive's understanding of Bill Gates's secret of success

Today, our question is: What is the best way to keep the company successful? The following is the reply of ClickTale CEO Thar Schwartz.

Last updated: Jun 16, 2025

Today, our question is: What is the best way to keep the company successful? The following is the reply of ClickTale CEO Thar Schwartz.

If I want to give my employees a piece of advice, I want them to fully understand that if you want to succeed, you must first experience failure. It seems unreasonable to suggest that employees experience failure before success, but I can guarantee that it is absolutely reasonable. If you want to run a good company, you can tell your team members to do their best. But if you want to run a great company, you must make higher demands on employees. You should allow them to break through their own boundaries, and the only way to do this is to encourage them to experience failure.

This is because you are bound to experience failure when pursuing truly original ideas. This has been proved countless times by history. In addition, failure is also the first step to the birth of creativity. Bill Gates knows this. Albert Einstein and Isaac Newton also knew this. Van Gogh, Dickens and even J.K. Rowling all know that failure is the key to turning a good idea into a wonderful idea.

Therefore, I will not only encourage employees to experience failure, but also ask them to do so. Every employee of ClickTale knows that they can put forward any ideas that flash in their mind during brainstorming meetings, company meetings and strategic activities. The plans they put forward to completely reform the customer experience can be crazy and far fetched, but they know that if the company agrees to put these plans into practice, even if they fail in the end, they will not face any punishment. This is because I believe in the 1:4 rule, that is, every employee who really drives himself to think creatively will experience at least one failure for every four successes. On the contrary, if they succeed every time, leaders need to carefully study their performance.

So, how can we create a reassuring environment so that employees can face failure calmly? Frankly speaking, you can create such an environment at will. In ClickTale, we are more willing to adopt a traditional way, that is, we are not stingy with praise. Praise an employee's failed attempt at the company meeting, and emphasize their courage, creative thinking and enterprising spirit in putting forward ideas and trying. You can also take a more basic approach, such as providing financial incentives, desserts, or combining positive factors that conform to the company's unique corporate culture. The reward method itself is not important. What is important is to create an appropriate environment to truly encourage employees to break through themselves and further.

In today's extremely competitive market environment, real innovation is very scarce. Employees are eager to express themselves and worry about how to keep their jobs. Therefore, they need appropriate encouragement from their superiors so that they can confidently think creatively. If you want to achieve real success, you must actively create such a "safety net" to encourage and reward failure. Because only when employees can safely experience failure, can you get rid of the shackles and achieve real success.

TAGGED: Entrepreneurship, Bill Gates, Perception
Previous Article Learn To Think Like a Rich Man... It's Easy To Make Money!
Next Article What Is Internet Marketing?

Most Popular

What Exactly Is The Best Way To Do Marketing?
Marketing Jun 11, 2025
CHANEL
Company May 16, 2025
Eric Emerson Schmidt, Chairman of Google
Entrepreneur Jun 07, 2025
What To Do When Management Skills Are Lacking And The Team Is Not Executing Well?
Management May 22, 2025
Bavarian Engine Builders AG (BMW)
Company Jun 18, 2025
United Health Group
Company Jun 11, 2025

You Might Also Like

Entrepreneurship

Summary Of Failures: 5 Military Rules Of Self-Discipline To Learn When Starting a Business

Jul 01, 2025
Entrepreneurship

Five Ways To Start a Business And Say Goodbye To The Low-Cost Era

Jun 30, 2025
Entrepreneurship

Learn To Think Like a Rich Man... It's Easy To Make Money!

Jun 29, 2025
Entrepreneurship

An Executive's Insight Into The Secret Of Bill Gates' Success

Jun 28, 2025

Copyright © 2025 www.ikaoo.com. All rights reserved. User Agreement | Privacy Policy