Embrace failing as part of the innovation process.

For Musk, failure is just part of the process. When he decided to create SpaceX, he did not know anything about building rockets. Yet he invested $100M USD of his own money to create the company. This money was enough for three launches. All three failed. The third rocket launch failed because of a small miscalculation; the rocket and electronics were fine. Shortly after this third failed attempt, he launched a fourth rocket that was successful.

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