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CONFESSION: I HAVE started business which failed.  OK, I’ve admitted it.

Dangerous watersBut you know what?  It’s not the end of the world.  It’s a natural part of the cycle of learning.

Yes, I realize that doesn’t alleviate the pain very much, especially as you’re going through the process.  But you also can’t let the prospects of failure keep you from ever taking a risk.

How do we think through this?

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BACK IN MAY I mentioned that Google would bear watching, because it seemed like they might be losing some of what made them special as a company.  So it was interesting that I ran across a Quartz article which discussed the death of Google’s “20% time” policy.

You may not be aware of this, but it was a HUGE DEAL in the high tech industry.  It was astounding that a company would give every employee 20% of their work time to pursue unrelated opportunities.

When I started at HP back in 1978, there were some philosophies which were similar to this, including the concept of the “G-job” as a sanctioned means of working on unassigned projects.

But 20% of your time, a full day every week?  That’s outrageous!

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