For readers of Drive, Outliers, and Daring Greatly , a counterintuitive, paradigm-shifting new take on what makes people and companies succeed Most new products fail. So do most small businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? If you want to succeed in business and in life, Megan McArdle argues in this hugely thought-provoking book, you have to learn how to harness the power of failure. McArdle has been one of our most popular business bloggers for more than a decade, covering the rise and fall of some the world' s top companies and challenging us to think differently about how we live, learn, and work. Drawing on cutting-edge research in science, psychology, economics, and business, and taking insights from turnaround experts, emergency room doctors, venture capitalists, child psychologists, bankruptcy judges, and mountaineers, McArdle argues that America is unique in its willingness to let people and companies fail, but also in its determination to let them pick up after the fall. Failure is how people and businesses learn. So how do you reinvent yourself when you are down? Dynamic and punchy, McArdle teaches us how to recognize mistakes early to channel setbacks into future success. The Up Side of Down marks the emergence of an author with her thumb on the pulse whose book just might change the way you lead your life.
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“Mia Barron’s tone, enunciation, and phrasing are a good fit for the assertive writing that makes this book so interesting. McArdle says that failures can open doors to creative breakthroughs as long as those who fail have the opportunity to reflect on what they’ve learned and continue to move forward with their ideas…With enlightening insights about the way we accept or punish failure and engaging human stories, this is a fast moving must-hear audio for anyone interested in the psychology of risk-taking.”
— AudioFile
“The Up Side of Down reveals a forgotten secret to success: failure. This gracefully written, carefully researched book offers a timely and critical message. In a world that’s obsessed with perfection, Megan McArdle shows that our accomplishments depend on whether we can make mistakes and learn from them.”
— Adam Grant, Wharton professor and New York Times bestselling author of Give and Take“A thought-provoking study of failure—our greatest fear and greatest motivator. McArdle’s lively prose underscores an entertaining roster of tales of risk-taking….Her advice is important not only for individuals, but for wider economic growth; society has to reward experimentation, risk-taking, and working outside our comfort zones. This funny, cheerful look at helping teams overcome failure and find room to experiment will be a boon to business readers.”
— Publishers Weekly“An illuminating look at the psychology behind rebounding from defeat….McArdle has found a humble, intelligent way of infusing positivity and opportunity into personal losses….Her message is a significant one with both personal and economic impact: there can be no vast success without initial failures, and it’s important to foster a culture of risk-takers who embrace experimentation in working outside of their comfort zones….Sage counsel on how to learn from failure with humor and grace.”
— Kirkus Reviews“This is a vibrant book on a vital subject. It’s full of unexpected insights and is a pleasure to read.”
— Tim Harford, author of Adapt and The Undercover Economist“This is both a surprising and an immensely comforting book. Drawing on academic research, reporting, and not least the failures in her own life, Megan McArdle convincingly demonstrates that avoiding failure isn’t what matters, but how we cope with failure. Sparkling with wit and insight in every chapter, The Up Side of Down has something for anyone who has ever failed, or lived in fear of failure—in other words, all of us.”
— Greg Ip, author of The Little Book of EconomicsBe the first to write a review about this audiobook!
Megan McArdle is a special correspondent for Newsweek and the Daily Beast. A graduate of the Booth School of Business at the University of Chicago, she has been a finance and economics correspondent for the Economist and a business columnist and blogger for the Atlantic. She lives with her husband, Peter, in Washington, DC.
Mia Barron has worked at theaters in New York and around the country. Her film and television credits include The Guiding Light and the independent feature The F Word. She has won an AudioFile Earphones Award, and in 2003 she was awarded the Publishers Weekly Listen Up Award for her audiobook narration.