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Alar Kolk
President, European Innovation Academy
Innovation and Failure
http://www.innovationacademy4u.com
90% of new
products and
services fail…
…today we
have 36 teams
in this
room…?
Milton Hershey started
three unsuccessful
companies before
Hershey’s Chocolate.
The Beatles were
originally rejected by
Decca Recording studios,
who said “we don’t like
their sound” and “they
have no future in show
business”.
Milton Hershey started three unsuccessful
companies before Hershey’s Chocolate.
„Failure is an
event not a
person”.
James Bond Innovation Challenge
ChallengeYourself @ European Innovation Academy Sessions!
• Rapid prototyping
• Bullet speed problem solving
• Master of high tech
• Rival your competitors
• Smooth operator & networker
Failure is simply the opportunity to begin again,
this time more intelligently. Henry Ford
Fail fast.
Fail cheap.
Fail early.
Go out to fail.
Follow The Innovation F-word!
Bruce Lee - "Don't fear failure. — Not failure, but low
aim, is the crime.
In great attempts it is glorious even to fail."
The greatest danger for most of us is not that our aim
is too high and we miss it, but that it is too low and
we reach it. Michelangelo
http://www.innovationacademy4u.com
…and You need to practice
Innovators’ Failure
Pitching!!!
ChallengeYourself @ European Innovation Academy!
Most businesses fail, so if you're going to succeed, it has to
be about more than making money. Richard Branson

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Innovation and Failure

  • 1. Alar Kolk President, European Innovation Academy Innovation and Failure http://www.innovationacademy4u.com
  • 2. 90% of new products and services fail… …today we have 36 teams in this room…?
  • 3. Milton Hershey started three unsuccessful companies before Hershey’s Chocolate. The Beatles were originally rejected by Decca Recording studios, who said “we don’t like their sound” and “they have no future in show business”.
  • 4. Milton Hershey started three unsuccessful companies before Hershey’s Chocolate.
  • 5. „Failure is an event not a person”.
  • 6.
  • 7. James Bond Innovation Challenge ChallengeYourself @ European Innovation Academy Sessions! • Rapid prototyping • Bullet speed problem solving • Master of high tech • Rival your competitors • Smooth operator & networker
  • 8. Failure is simply the opportunity to begin again, this time more intelligently. Henry Ford
  • 9.
  • 10.
  • 11. Fail fast. Fail cheap. Fail early. Go out to fail. Follow The Innovation F-word!
  • 12.
  • 13. Bruce Lee - "Don't fear failure. — Not failure, but low aim, is the crime. In great attempts it is glorious even to fail."
  • 14. The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it. Michelangelo
  • 16. …and You need to practice Innovators’ Failure Pitching!!! ChallengeYourself @ European Innovation Academy!
  • 17. Most businesses fail, so if you're going to succeed, it has to be about more than making money. Richard Branson