Firms told to overcome fear of failure when launching a product


Rajan: Failure is the biggest teacher as it provides an opportunity to learn and grow

PETALING JAYA: Malaysian companies must overcome the fear of failure and break free from bureaucratic structure in order to launch a successful product, says Dent Education co-founder and CEO Rajan Patel.

Contrary to the Western workplace culture, he said the strong culture of not making mistakes in Asia’s corporate scene diminished the learning curve of companies that sought to provide the right products for their customers.

“The right thing to do is to test the products and fail many times before launching the product.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Rajan Patel , overcome , fear , launching , product , Asia ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Inari switches gear to remain relevant
InNature diversifies into the F&B industry
New capacity in the pipeline
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Coordinated approach crucial to strengthen SMEs
CIMB Securities eyes larger market share

Others Also Read