What is your success rate
Seen at the Kansas Cosmosphere:
Up to the day of President Kennedy’s speech [announcing the plan to go to the moon within the decade], NASA and the US military had attempted 80 satellite launches, and 49 had been failures.
Success rate 39%
What is your success rate? Would setting an audacious goal help you improve?
How do you inspire others to trust you, even when your current success rate is not that good?
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.
Stunning statistic.
New perspective on success and failure.
Especially since human lives would be riding on each launch after that announcement. They had to go from 39% to 100% success.
Wow- who would have thought!
This has me thinking about whether a big goal could turn around a success/failure rate for a small business.
One might also ask – success at what price? Think of the later deaths of astronauts.
In regards to business, one has to look at the whole picture (including family relationships) to figure out: what is success? what is failure?
Love this topic, Becky. I started with the pic of Harrison Ford.
Leora, you have a good point. This was certainly one project where a failure rate of even 1% was catastrophic.