Get All Access for $5/mo

The Path to Big Success Is Giving Your Team Permission to Fail Without running calculated risks any success you achieve will be stunted.

By Jim Joseph

Opinions expressed by Entrepreneur contributors are their own.

Hero Images | Getty Images

I've been to a several offsite marketing summits over the past few months, and I have really enjoyed them all. Aside from being great opportunities to network and build relationships, they each have offered a great learning experience as well. Each and every time.

While each one has been completely different, there has been a common theme that has not gone unnoticed on me. A theme that I'm not too familiar with, to be completely honest, since it's a theme that runs in stark contrast to how I've managed my career.

Related: 22 Qualities That Make a Great Leader

We need to offer "permission to fail."

Say what? Failure? "Failure" has never been in my vocabulary. Failure has never been an option. I've never thought about failure being a possibility in my career. But that was me back then, trying to come up the ranks of the corporate ladder and trying to show that I had what it takes to take it all on.

That was then, this is now. The business world was different back then.

Now I've got some experience under my belt and we operate as a business culture differently than when I started my career. We didn't take a lot of risks back in those days because we were taught to stay on the proven track. It worked for a while but times are different now.

Related: 25 Best Habits to Have in Life

Now we have to take risks if we are going to remain competitive and accomplish our business goals. We have to take risks if we are going to stand out in the market…both for our business and for our careers. The tried and true no longer works.

Now we have to take risks to get things done. Staying on a proven track doesn't move you forward anymore. Not as a business professional or as a business.

Here's the rub…taking risks inherently means making mistakes. Taking risks inherently means potentially failing.

It's still foreign to me, to be honest, but I understand the difference now. I need to create a culture where people are willing to make mistakes and take risks. I have to accept what comes from that, even if it means accepting the kinds of risk that can lead to potential mistakes.

Related Book: Fueled By Failure: Using Detours and Defeats to Power Progress by Jeremy Bloom

I have to learn to live with the potential of failure in order to move forward. I have to let people do their work in their own manner, even if there are mistakes in the process. Even if their own manner isn't necessarily the tried and true. Even if their own manner isn't the way that I would do it.

Why, you might say?

Well maybe, just maybe, they might be right. Maybe their ideas are really going to break through, better than what's been done before. Maybe their way of doing things is better than my tried and true.

Wouldn't that be cool?

Well there's only one way to find out…let them try. Let them take a risk and maybe make a mistake. And maybe fail. Or maybe not.

Because the more they try, the more successful they will be. The more successful we all will be.

So now my job is to create the right environment for people to thrive as opposed to an environment that knows exactly what it's doing because it's been done before. I need to create an environment that includes a permission to fail.

Because "permission to fail" might actually bring about the ultimate in success.

Jim Joseph

Marketing Master - Author - Blogger - Dad

Jim Joseph is a commentator on the marketing industry. He is Global President of the marketing communications agency BCW, author of The Experience Effect series and an adjunct instructor at New York University.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.