TeachingFrom the source
“The success rate for new experiments is approximately 20-25% (one out of three to five attempts), but this low success rate is actually advantageous”
About Thomas Edison
Thomas Alva Edison (February 11, 1847 – October 18, 1931) was an American inventor and businessman. He developed many devices in fields such as electric power generation, sound recording, and motion pictures.
Relevant Clips2
- Teaching
Why a 20% Experiment Win Rate Is Actually an Advantage
The success rate for new experiments is approximately 20-25% (one out of three to five attempts), but this low success rate is actually advantageous
- Teaching▶ 10:31
Most Business Ideas Don't Work — Keep Testing
Most business ideas don't work, so entrepreneurs must keep trying until they find what works