David Goggins
Former Navy Seal
Career Development
Bryan Cranston
Critical Thinking
Liv Boeree
International Poker Champion
Emotional Intelligence
Amaryllis Fox
Former CIA Clandestine Operative
Chris Hadfield
Retired Canadian Astronaut & Author
from the world's big
Start Learning

Failing in Business Isn't Even Failing — It's Gaining Life Experience

Taking risks in business means that sometimes you will fail, says AOL cofounder Steve Case. But failing in business actually means gaining life experience, so you'll do better the next time around.

Steve Case: I think failing fast is important. Experimentation is important. And the great breakthroughs in society usually have required multiple tries, multiple experiments, multiple pivots. And that’s the whole idea of getting in there, getting some experience and then taking a step back and figuring out how you move forward.

The most classic case of this was the whole idea that John F. Kennedy started about getting somebody in to space, landing somebody on the moon. When he said that he called for the country to rally around that, it almost was impossible for people to imagine that happening. The technology just wasn’t there. But people tried things, many times failed. This they thought would work, it didn’t work. They kept adjusting, kept at it. And eventually they were successful in landing somebody on the moon and bringing them back home safely.

So that’s a perfect example of many different experiments. People see this in science. They know that in order to have a breakthrough in science you have to try a lot of things. Most things will fail. And I remind people that Babe Ruth was the home run king. But he also was the strike out king. If you’re swinging for the fences you’re going to strike out. But you have to keep at it and if you keep at it you sometimes will have those homeruns. Sometimes you’ll win those games.

So I think it requires a mindset around experimentation and taking risks knowing that many things you try won’t work. But that doesn’t mean you’re a failure. That just means that idea failed and what can you learn from that idea and then move forward.

Sometimes you do have to call it quits. So sometimes things are just not working. But my own experience is sometimes just when you think that finally something breaks through and the sky opens up and there’s new possibilities. We came very close to not making it with AOL. There was many times where it didn’t quite work. We thought something would work. It didn’t. We had to lay people off. We were about to run out of money. We had a partnership that fell apart. There were some near death experiences on that road.

And I used to joke that AOL was a ten year in the making overnight success. By the time it finally got successful everybody said you came out of nowhere. No we didn’t. We were at it for a decade. And thankfully we didn’t give up. We didn’t quit. We stuck with it.

So sometimes you have to just say it’s not working. You have to walk away. But my experience is if you really believed in that idea early, you really were passionate about that idea, you still think it could get traction, for some reason it just hasn’t broken through, take a fresh look at what partnerships you can establish to help accelerate the growth. What new policy perhaps could be put in place to accelerate the new growth. Don’t give up on it. There’s a great Nelson Mandela quote: “It always seems impossible until it happens.”


Taking risks in business means that sometimes you will fail, says AOL cofounder Steve Case. Experimentation is the essence of progress, whether it's in the sciences or in business, and most major social achievements are a result of a big ideas realized through countless small experiments. In America's quest to land a man on the moon, for example, committing small mistakes along the way was the only path toward success.

Case gives another example: Babe Ruth. Yes, the Great Bambino is remembered for being the home run king, but he was also the strikeout king. "If you're swinging for the fences," says Case, "you’re going to strike out. But you have to keep at it and if you keep at it you sometimes will have those homeruns. Sometimes you’ll win those games." Thus failing in business isn't really failing at all, but rather gaining life experience, so you'll do better the next time around.

In this video clip, Case discusses some of the roadblocks he encountered as co-founder of AOL, which at one point brought the Internet to half of all Americans going online. Case's book is The Third Wave: An Entrepreneur's Vision of the Future.

Childhood sleeping problems may signal mental disorders later in life

Chronic irregular sleep in children was associated with psychotic experiences in adolescence, according to a recent study out of the University of Birmingham's School of Psychology.

Personal Growth
  • We spend 40 percent of our childhoods asleep, a time for cognitive growth and development.
  • A recent study found an association between irregular sleep patterns in childhood and either psychotic experiences or borderline personality disorder during teenage years.
  • The researchers hope their findings can help identify at-risk youth to improve early intervention.
  • Keep reading Show less

    Why do people believe in conspiracy theories?

    Are we genetically inclined for superstition or just fearful of the truth?

    • From secret societies to faked moon landings, one thing that humanity seems to have an endless supply of is conspiracy theories. In this compilation, physicist Michio Kaku, science communicator Bill Nye, psychologist Sarah Rose Cavanagh, skeptic Michael Shermer, and actor and playwright John Cameron Mitchell consider the nature of truth and why some groups believe the things they do.
    • "I think there's a gene for superstition, a gene for hearsay, a gene for magic, a gene for magical thinking," argues Kaku. The theoretical physicist says that science goes against "natural thinking," and that the superstition gene persists because, one out of ten times, it actually worked and saved us.
    • Other theories shared include the idea of cognitive dissonance, the dangerous power of fear to inhibit critical thinking, and Hollywood's romanticization of conspiracies. Because conspiracy theories are so diverse and multifaceted, combating them has not been an easy task for science.

    Neom, Saudi Arabia's $500 billion megacity, reaches its next phase

    Construction of the $500 billion dollar tech city-state of the future is moving ahead.

    Credit: Neom
    Technology & Innovation
    • The futuristic megacity Neom is being built in Saudi Arabia.
    • The city will be fully automated, leading in health, education and quality of life.
    • It will feature an artificial moon, cloud seeding, robotic gladiators and flying taxis.
    Keep reading Show less

    COVID-19 brain study to explore long-term effects of the virus

    A growing body of research suggests COVID-19 can cause serious neurological problems.

    • The new study seeks to track the health of 50,000 people who have tested positive for COVID-19.
    • The study aims to explore whether the disease causes cognitive impairment and other conditions.
    • Recent research suggests that COVID-19 can, directly or indirectly, cause brain dysfunction, strokes, nerve damage and other neurological problems.
    Keep reading Show less