Do Not Fear Failing or Doing New Things

I just came across an interesting interview with Google’s founder Larry page. The interview is about how to change the world. Sounds challenging huh? This guy actually did it, so he has credit to talk about it.

When asked about how to get more people actually thinking about and working on things that might end up changing the world, he answered:

There are a number of barriers in place. Let me give an example. In our first founders’ letter in 2004, we talked about the risk profile with respect to doing new innovations. We said we would do some things that would have only a 10% chance of making $1 billion over the long term. But we don’t put many people on those things; 90% work on everything else. So that’s not a big risk. And if you look at where many of our new features come from, it’s from these riskier investments.

Even when we started Google, we thought, “Oh, we might fail,” and we almost didn’t do it. The reason we started is that Stanford said, “You guys can come back and finish your Ph.D.s if you don’t succeed.” Probably that one decision caused Google to be created. It’s not clear we would have done it otherwise. We had all this internal risk we had just invented. It’s not that we were going to starve or not get jobs or not have a good life or whatever, but you have this fear of failing and of doing something new, which is very natural. In order to do stuff that matters, you need to overcome that.

This advice is good for pretty much anything you decide to carry on in your life. Blogging and online ventures are no exception. If you want to succeed on the web, you will need to let your fear of failure go away, and to try new and innovative things.