logo News
  • Home
  • Management
    Management Show More
    5 Leadership Qualities That Inspire Others In a Crisis
    Aug 05, 2025
    Do Managers Need to Make The Most Of 'Disruptive Talent'?
    Aug 04, 2025
    Is it True That Chinese Family Businesses Are "Only Three Generations Richer"?
    Aug 03, 2025
    How Does Huawei's "Learning Organization" Come About?
    Aug 02, 2025
    Note to managers: Management is not just about managing subordinates
    Aug 01, 2025
  • Marketing
    Marketing Show More
    How to Play Location Marketing Well
    Aug 05, 2025
    6 mistakes to avoid in marketing automation
    Aug 04, 2025
    How does the platform attract advertisers and users
    Aug 03, 2025
    Marketing technology MarTech is so popular, but what is it doing?
    Aug 02, 2025
    How Does Letv Super Tv Unlock The Value Of Marketing As It Taps Into The $100 Billion Ott Market?
    Aug 01, 2025
  • Entrepreneurship
    Entrepreneurship Show More
    Against The Odds To Become a Millionaire? Think About These Three Questions First
    Aug 05, 2025
    How can you validate your business idea without spending money?
    Aug 04, 2025
    How Can I Improve My Chances Of Success In Business?
    Aug 03, 2025
    A senior executive's understanding of Bill Gates's secret of success
    Aug 02, 2025
    Eight dangerous motives to avoid for successful entrepreneurship
    Aug 01, 2025
  • Company
    Company Show More
    Duffy Maritime Group, France
    Aug 05, 2025
    Koch Industries Group
    Aug 03, 2025
    United Health Group
    Aug 02, 2025
    Royal Dutch Shell plc Group
    Jul 31, 2025
    Chevron Corporation, One Of The World's Largest Energy Companies
    Jul 30, 2025
  • Entrepreneur
    Entrepreneur Show More
    One of the founders of MGM - Louis Meyer
    Aug 05, 2025
    Newspaper Magnate - Joseph Pulitzer Pulitzer
    Aug 04, 2025
    The Wolf Of Wall Street - Carl Icahn
    Aug 03, 2025
    Jeff Bezos - Founder of Amazon
    Aug 02, 2025
    Sergey Brin, one of the founders of Google
    Aug 01, 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: Aug 02, 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 Against The Odds To Become a Millionaire? Think About These Three Questions First
Next Article How does the platform attract advertisers and users

Most Popular

The Famous American Animator - Walt Disney. Disney
Entrepreneur Jul 23, 2025
Data Is The Future Of Interactive Marketing
Marketing Jul 14, 2025
Customers Actually Have a Life Cycle, So How Do You Maximise The Value Of Your Customers?
Marketing Jul 26, 2025
How to Play Location Marketing Well
Marketing Aug 05, 2025
General Motors Corporation of America
Company Jul 24, 2025
One of the founders of MGM - Louis Meyer
Entrepreneur Aug 05, 2025

You Might Also Like

Entrepreneurship

Against The Odds To Become a Millionaire? Think About These Three Questions First

Aug 05, 2025
Entrepreneurship

How Can I Improve My Chances Of Success In Business?

Aug 03, 2025
Entrepreneurship

Eight dangerous motives to avoid for successful entrepreneurship

Aug 01, 2025
Entrepreneurship

After listening to these 9 stories, will you continue to start your own business?

Jul 31, 2025

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