The greatest people in history have been failures. Certainly, we remember these individuals as successes–success stories–and we treat those stories as legends and those individuals as gods. But each of them failed epically and repeatedly, more so than the combined successes of all of humanity.
Failure should not be overlooked in anyone, especially not those we admire. It is through failure that these individuals were able to learn, grow and ultimately succeed. We know this about ourselves but even as we learn to accept our own failures, sometimes we don’t recognize that the most successful people in the world have had an abundance of failure.
Our heroes need to be held to the same standard as the ancient Greek gods: awesome but not infallible. Failure is a humbling exercise, both for the observer and the observed. But learning is a humbling process. Once we realize that our heroes are just like us, we can examine how failure drives success. So I’ve started collecting stories about the failures of successful people, as a reminder that if you’re making mistakes and learning from them, you’re actually on the path to success.
Michael Jordan needs no introduction, and has become something of a legend for turning failure into success. In fact he is the author of the longest quote on the Failure Wall, which was quite tricky to paint, but we felt it was worth the extra effort:
“I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”
Most of us don’t fail or succeed in the glare of a national spotlight, much less do it hundreds of times, with analysts endlessly critiquing every move. Perhaps that’s why humans love sports: they provide a black and white analogy for the gray battle of life. The ball is in or it’s out, the basket is made or missed, the game is won or lost. Watching our favorite stars pull through when the chips are down inspires us to do the same in our own lives. And no one has inspired more basketball fans, young and old alike, than Michael Jordan.
The story of Michael Jordan not making his high school team has been told and retold, and continues to inspire with each retelling. The facts are these: In 1978, sophomore Michael Jordan tried out for the varsity basketball team at Laney High School. When the list was posted, Jordan’s name wasn’t on it. Instead, he was asked to play on the junior varsity team.
The reasoning behind the choice wasn’t that Jordan didn’t have enough talent, or hadn’t already distinguished himself as an outstanding basketball player. Rather it came down to seniority, size, and a strategic decision: The varsity team already had 11 seniors and three juniors. That left space for only one more player, and the coaches chose another sophomore, Jordan’s friend Leroy Smith. Smith was not as good as Jordan but he added size to the team, as he was 6’6 compared to Jordan’s diminutive 5’10. What’s more, the coaches knew that if Jordan had been chosen for the varsity team, he would play only when needed as a substitute for the more senior varsity players. On the junior varsity team he would get more playing time and a chance to truly develop.
It was a perfectly logical choice for the coaches to assign Jordan to the junior varsity team for his sophomore year. But 15-year old Jordan was devastated when the list was posted without his name. In his mind, it was the ultimate defeat, the ultimate failure. “I went to my room and I closed the door and I cried. For a while I couldn’t stop. Even though there was no one else home at the time, I kept the door shut. It was important to me that no one hear me or see me.” Jordan was heartbroken and ready to give up the sport altogether until his mother convinced him otherwise.
After picking himself up off the floor, Jordan did what champions do. He let his failure and disappointment drive him to be better. He played on the junior varsity team, and he worked himself to the limit. “Whenever I was working out and got tired and figured I ought to stop, I’d close my eyes and see that list in the locker room without my name on it, and that usually got me going again.”
It became a pattern throughout Jordan’s life that a disappointment or setback resulted in a redoubling of effort. High school rival player Kenny Gattison, who led his team to beat Jordan’s team for the high school state championship, put it this way: “You got to understand what fuels that guy, what makes him great. For most people the pain of loss is temporary. [Jordan] took that loss and held on it. It’s a part of what made him.”
The pattern of defeat followed by success would follow Jordan to the University of North Carolina and later to the NBA. His relentless drive would lead him to break numerous records and become the most decorated player in the history of the NBA. What’s more, he’s credited with dramatically increasing the popularity of basketball both in the United States and internationally, and inspiring the next generation of basketball players including Lebron James, Dwayne Wade, and Kobe Bryant. You can’t think of the word “champion” without thinking of Michael Jordan, and there’s no better proof that failure is simply a stepping stone to success.
Facebook acquired a brain-computing startup for more than $500 million
Facebook announced the acquisition of CTRL-labs on Monday, for an undisclosed sum. A report in Bloomberg said Facebook paid somewhere between $500 million and $1 billion for the company, citing anonymous sources.
“The vision for this work is a wristband that lets people control their devices as a natural extension of movement,” Facebook executive Andrew Bosworth wrote in a blog post announcing the deal.
This story is developing…
Samsung to invest $115 billion in its foundry business by 2030
Samsung is earmarking $9.5 billion a year for Samsung LSI and Samsung Foundry.
Samsung Electronics is one of the largest semiconductor players around, and the manufacturer is investing $115 billion (133 trillion won) over the next 12 years to take on Qualcomm and Intel. Samsung says its goal is to become the world leader in semiconductors and logic chips, and the company will invest $9.5 billion a year from now through 2030.
Samsung will invest $63.4 billion (73 trillion won) toward domestic R&D — where it is looking to add 15,000 jobs to “bolster its technological prowess” — and spend $52 billion (60 trillion won) toward production facilities that will make the logic chips. Samsung has long been the dominant player in the memory business, but with that market shrinking the South Korean manufacturer will be looking to diversify.
While the $115 billion seems like a staggering amount at first, it’s in line with what Samsung has been spending in recent years. Just last year alone Samsung invested over $15 billion in R&D, and Intel also spent over $10 billion toward developing new products.
Apple will start selling AirPods 3 by the end of 2019
Apple is expected to start selling third-generation AirPods by the end of 2019. One big difference is that the new wireless headphones will have a noise canceling feature. At the level of the companies that will be involved in this project, we have Inventec, from Taiwan, that will be responsible for the production of the AirPods 3, while Luxshare Precision, also from China, will also receive part of the orders.
AirPods 3 arrive until the end of 2019 with new functionalities
Apple has dominated the wireless headphone market and will continue to do so. Statistics show that this company sold 35 million AirPods in 2018, which translates into a 75% global market share. As we said, the AirPod sales boom is expected to continue, with annual shipments for distribution rising to 50 million devices by 2019.
Of course, when a market becomes profitable, competition arises. Inspired by rising sales of AirPods, many brands like Huawei, Xiaomi and even companies like Microsoft, Amazon, and Google are betting on wireless headphones to meet strong demand.
To meet the challenges of rivals, Apple and its partners want to raise the bar.
That said they will add new features to AirPods 3, including the noise canceling function. However, do not think this is an easy task.
Noise canceling technology consumes a significant amount of battery. Since AirPods are not the king in this field, the runtime may be even more affected.
It is not known now what Apple could do and if it is even going to consider a change in design. Because considering the integration of new features, it may be necessary to increase the size of the battery. This requires more space. However, the solution may also involve shrinking the other components to accommodate the larger battery.
However, in addition to the design change, Apple may also be considering adding new colors to AirPods 3.
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