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Learning From Your Mistakes

Hidden Brain

Hidden Brain Media

Science, Arts, Social Sciences, Performing Arts

4.639.3K Ratings

🗓️ 24 July 2023

⏱️ 49 minutes

🧾️ Download transcript


No matter who you are, it's guaranteed that at some point in life you'll make a mistake. Many of us find failures to be uncomfortable — so we try our best to ignore them and move on. But what if there was a way to turn that discomfort into an opportunity? This week, we begin a two part mini-series on the psychology of failure and feedback. Psychologist Lauren Eskreis-Winkler teaches us how to stop ignoring our mistakes, and instead, start to learn from them.

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This is Hidden Brain. I'm Shankar Vedantam. In the 1940s, a teenager named Russell Solomon


sold use records out of his father's drugstore in Sacramento, California. He had dreams of turning this enterprise into a full-fledged business.


In the 1960s, he opened a small record store in the suburbs of Sacramento. he called it Tower Records.


The business took off.


Russell Solomon opened storefronts in Los Angeles, in New York City, even Japan. By the 70s, Tower Records had become a musical


Mecca with stores frequented by the most famous artists in the world.


Shop Tower Records in the heart of Sunset Strip tonight and every night of the year until midnight. It is a good place.


Tower grew into an international billion dollar empire.


In the late 1990s, Tower took on a hundred and ten million dollars in debt to expand the business even further.


Around the same time, music fans were turning to the internet to get their tunes.


Digital file sharing sites like Napster exploded in popularity.


You don't need to own the music, to have music,


to Lafayette, 1.5 million songs.


Tower's sails began to decline.


More disruptors showed up, but Russell Solomon refused to see the threat for what it was, an existential risk to the business he had built.


As for the whole concept of beaming something into one's home, that may come along someday, that's for sure, but it will come


along over a long period of time and we'll be able to deal with it and change our focus and change


the way we do business. As far as your CD collection


our CD collection for that matter


it's going to be around for a long long time believe me


tower records filed for bankruptcy in 2004.


It's easy to hear the story and think,


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