The Fortunes of Failure

Coming through hard times, and what we can learn.

The Fortunes of Failure: Maria Montessori filled Carnegie Hall, lost America and learned to grow teachers.
The Fortunes of Failure

Grow Teachers

In 1913 Maria Montessori filled Carnegie Hall. Within a decade her American movement had faded. She learned that a method lives through the people trained to use it, and spent the rest of her life training them.

The Fortunes of Failure: Ray Dalio predicted a crash that never came, lost nearly everything and wrote down why.
The Fortunes of Failure

Write Down Why

Ray Dalio was wrong in public, then he wrote down why. In 1982 he predicted a collapse that never came, lost nearly everything and turned the mistake into a system for learning.

The Fortunes of Failure: Milton Hershey went broke more than once before 30 and carried a recipe out of the wreckage.
The Fortunes of Failure

Keep the Recipe

Milton Hershey went broke more than once and kept what he learned. His failed candy businesses gave him a recipe, the nerve to try again, and later a reason to build a school.