New Social Networking site - the Mistake Bank

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The Mistake Bank is a fascinating new social network concept introduced by John Caddell, a one-time telecom corporate type and now a consultant helping companies become more innovative.  The idea behind the network is to help people benefit from one anothers’ mistakes and disappointments and to foster a spirit of ‘lessons learned.’

For a long time, I’ve noted that until we get better and learning from intelligent failures, we’re doomed to repeat them.  Resources such as this site can only help!

Relatedly, the presence of the social network also takes advantage of another innovation, sparked by upstart Ning.  As reported in a recent Fast Company article, Ning has a viral component to it that poises it for explosive growth. 

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 John Caddell  on  May 09, 2008

Rita,

Thanks so much for this post on the Mistake Bank (http://www.mistakebank.com). I’d encourage everyone to visit the site and join if they feel so inclined. And, of course, to share their stories of mistakes.

One of the interesting lessons from this experiment thus far is that very accomplished and prominent people make mistakes just like everyone else—but in addition they learn from them and move quickly to incorporate that knowledge into their going-forward approaches.

Regards, John

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