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Why you have to fail to have a great career: Michael Litt at TEDxUW 

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Some people start their careers slowly, while others start with a bang. Michael Litt's case is definitely the latter: the serial entrepreneur's first venture comprising the import and re-sale of firecrackers to his fifth-grade classmates. But if the story were to be told from beginning to end, Litt would be the first to admit that his path has actually involved a number of "bangs" -- including some which didn't quite work out in his favour -- a fair number of nervous moments, and lot of plain, old-fashioned hard work.
Early in his university career, Michael looked to be heading down a path familiar to many Waterloo engineers, securing co-op placements at Research in Motion - but it's what he accomplished after his first couple of years that made him stand out as a talented entrepreneur. After a spell as a day trader, an aborted attempt at running a biodiesel refinery (during which he once used a bathroom hand dryer to un-freeze a jar of biodiesel minutes before a sales pitch), and an anonymous stint publishing a highlytrafficked blog which featured teardowns of new phones, Litt was focused on building revenue and he knew he wanted to start a business.
Fortunately, one of Litt's trades had put a little money in his pocket, and, with a little help from the subprime mortgage market, he was able to purchase a house and fill it with other budding entrepreneurs. This environment, now known as Batavia House, fostered the drive and motivation he needed to take the next step, and it wasn't long before he founded his current company, Vidyard, an organization helping businesses and individuals easily and effectively host videos on their websites.
A Waterloo native, Michael believes in the region's ability to attract and retain talent, and believes the local tech industry will only continue to grow. As it grows, Litt will continue to be an interested observer, albeit one with the experience to back up his words. "It's really interesting to see how things are developing," he says, "especially since my failures have defined my career and current position." It's an outlook that's bound to be part of any discussion about the future -- a discussion that Litt hopes to be a part of at TEDxUW.
--
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

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22 дек 2012

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Комментарии : 187   
@aeronuy4295
@aeronuy4295 8 лет назад
I searched for this because I wasn't sure why I was failing at all my subjects in my university even though I was trying so hard. Not only my subjects also anything I try to achieve. I know now to never give up even after all of the failures even if I fail a 100 times. But it hurts hearing everyone talk about how much of a failure I know I am. And I am disappointed because I cannot give my parents the great academic student they want. (I never did well in all my classes)
@melodypastor5426
@melodypastor5426 8 лет назад
Me too, all of my subjects last semester failed and now i don't knoe how to say it to my parents.
@jithinpmathew5209
@jithinpmathew5209 7 лет назад
Dont be sad.... Before U quit ,always remember the words of Michele Jordan( worlds best basketball player) "I failed over and over and over....thats why i succeed" Always remember one thing... Past is not equal to future...
@ishikasunil2223
@ishikasunil2223 5 лет назад
Exactly my story.... 2018 has been the worst year for me academically. I am disappointed with myself
@alexrosca860
@alexrosca860 3 года назад
Can I ask you how are you doing now?
@joshuaaustin2541
@joshuaaustin2541 3 года назад
making your parents proud is one thing but remember, you are doing it for YOUR future
@andy4an
@andy4an 10 лет назад
The best TED talks break your mind, then put it back together. Well done.
@nicholashoule3378
@nicholashoule3378 10 лет назад
its called rock bottom, every bodies is different, but once you hit it you find your drive.
@saimanaaz9949
@saimanaaz9949 2 года назад
Absolutely true!
@Diamond4rmAfrica
@Diamond4rmAfrica Год назад
Really? Cause I'm in what I consider rock bottom. I've failed two core modules in my second year in University.
@kalyani1379
@kalyani1379 Год назад
Why is it true
@mikamiravalles6262
@mikamiravalles6262 4 года назад
I came here today because I found out I fail in Gen. Chem and had 75 as my my final grade. I want to cry so hard but I just hide it by keeping a smiling face. You know that feeling when you want to cry but you dont want others to see how vulnerable you are.💔
@chevaliergryphon1308
@chevaliergryphon1308 10 лет назад
Michael, is a part of life. We do fail, the real question is whether we let others define us as a failure or if we use failure as a launch-pad.
@xiao6322
@xiao6322 8 лет назад
I cry so hard and something inside me resonates with his talk
@JjBianca
@JjBianca 7 лет назад
xiao Lin Me too. I think that I needed this video right now in my life
@theoptimist8297
@theoptimist8297 7 лет назад
By far one of the best TEDx talks out there. The kinda talk that you can relate to. What he means is when u fail everyone rubs it in as if it's the end of the world where as its not. Don't listen to them and trust ur guts coz sometimes when u think that this is the worst thing ever it actually is an opportunity to strive for better.
@Luffytoro
@Luffytoro 6 лет назад
I failed to submit my project in MBA so I have to wait for 1 year to get it done!! Felt low and searching for motivations! This video made me feel better!! Thanks man
@ananyasahoo2615
@ananyasahoo2615 2 года назад
Are you doing good now
@TheyDontKnowImHere
@TheyDontKnowImHere Год назад
How are you now?
@SoBlurrific
@SoBlurrific 11 лет назад
I get the point: You will only succeed if you're willing to fail Even so, that doesn't mean that after you fail that you are going to succeed. He's just an example of a person who did defeat adversity
@zakerdoodle
@zakerdoodle 9 месяцев назад
Excellent distinction. I also no people who have done well their whole careers, never failing, only moving up. I see you wrote this 10 years ago... I hope you're doing well!
@AJ-ls7tn
@AJ-ls7tn 29 дней назад
But are they totally honest about their wins that everyone is able, and their private failures which they know for themselves really happened, but no one will ever be able to see
@yolidejesus3488
@yolidejesus3488 4 года назад
Really liked this video. Aside from the importance of failing, I also can see how things happen for a reason. If he didn't had that experience probably he would have never given this Ted Talk and help a lot of people. 💚
@atjgraphics
@atjgraphics 10 лет назад
I really loved your story. Don't give up but remember failing is part of life.
@jakubvalenta5403
@jakubvalenta5403 8 лет назад
Be somebody or be somebody's fool... hmm, great saying.
@rolandojr.antonio6855
@rolandojr.antonio6855 6 лет назад
As they, Experience is the greatest teacher in one’s life. Life is a gamble, sometimes you win, sometimes you lose. Failure is a great lesson that we can learned. We learned more and we will work more smarter to succeed
@Enovol
@Enovol 10 лет назад
Thanks man! Im 18 year's old and this helps me a lot since I'm trying to decide what to do with life.
@raulsanjayshah
@raulsanjayshah 7 лет назад
i just got rejected from a job..this video makes me want to apply to 100s of jobs rn
@mistargrr
@mistargrr 6 лет назад
I hope you managed to learn from your failure. All the best!
@DesignYourReality
@DesignYourReality 5 лет назад
I suggest if you want to know your place in life check out : Finding Your Life's Purpose by Eckhart Tolle
@taharyasmine5944
@taharyasmine5944 Год назад
I just saw ur comment, now I'm sure I'm gonna watch this video
@taslishchadha9766
@taslishchadha9766 7 лет назад
thank you just needed this
@billyjaneramos
@billyjaneramos 9 лет назад
hmmm... a talk on failure supported by the university of waterloo... :) fun, informative and enlightening!
@navshri
@navshri 10 лет назад
Beautiful !
@joshua_dlima
@joshua_dlima 2 года назад
Great talk, thank you!
@krystenp2800
@krystenp2800 4 года назад
Thank you!
@DemiloyeYT
@DemiloyeYT 11 лет назад
Larry smith is his mentor. I was an organizer at this event. Larry smith was present and and aware of the talk long before it happened.
@playlistjust
@playlistjust 10 лет назад
Michael, ignore the mean comments down below. they simple failed to understand what you were talking about Thanks a bunch!! you just gave me courage to get up & keep going! :)
@kurilpratik
@kurilpratik 6 лет назад
Absolutely correct.
@vimaldeonarine5614
@vimaldeonarine5614 3 года назад
Im failing at 28. No career path, no job and everyone else is moving up
@garethjones2746
@garethjones2746 4 года назад
Well said
@kenleeanderson
@kenleeanderson 10 лет назад
Great talk on Fun.
@andjelatatarovic8309
@andjelatatarovic8309 11 лет назад
awesome talk, thank you ! :)
@hakanyldrm4592
@hakanyldrm4592 11 лет назад
well done
@PavithraR
@PavithraR 10 лет назад
Good one but could have been said better! I loved Larry Smiths's TED talk though - It was meaningful, insightful yet super cool!
@playlistjust
@playlistjust 10 лет назад
gonna give it a try now :)
@emaxix7
@emaxix7 10 лет назад
I love how the guy with the bike still has his hands on handle bar
@mzenji
@mzenji 6 лет назад
It's called commitment! lol.
@Style95l
@Style95l 10 лет назад
that was amazing
@ambikaaamonkar1496
@ambikaaamonkar1496 6 лет назад
that was Litt !! ☺️
@vanhalenps4
@vanhalenps4 11 лет назад
You can add chemicals to biodiesel or add a heating element to the tank to keep it from freezing. Why he didn't do that I have no idea but overall biodiesel is a great alternative to regular diesel fuel.
@nonchalantd
@nonchalantd 11 лет назад
That was good, but I was hoping he would talk about what happened after he failed and why he is better off now.
@shaunboyce727
@shaunboyce727 10 лет назад
The line on the side is the longest.
@benjaminarrowsmith1752
@benjaminarrowsmith1752 10 лет назад
thnx
@monylolo1
@monylolo1 11 лет назад
go forward
@monylolo1
@monylolo1 11 лет назад
very well
@Mindsaw
@Mindsaw 7 лет назад
To get to the good in your career you do have to face some failure at times
@charlescxgo7629
@charlescxgo7629 6 лет назад
Taking risks and privilege of failing is a trade off with responsibilities (school, spouse, kids etc..). However, most of those responsibilities were based on your past choices. Likewise think everything over, it really depends on what you’re looking for in life....
@benjaminarrowsmith1752
@benjaminarrowsmith1752 10 лет назад
I was asking a genuine question, I know what success is, I am wondering where his success is/was. Success is achieving what you aim for whatever it is
@Squeekers
@Squeekers 10 лет назад
His question is open ended; "which line is longer?" It's not the top or bottom lines that are the longest; the longest lines that I see in the diagram are the lines on the left and right side.
@SetTheCurve
@SetTheCurve 5 лет назад
This talk went nowhere. He never said what failure taught him, how it helps, or how a person can build on it. Also, those friends of his who continued along the traditional path probably did well.
@ErikLarios_Poker
@ErikLarios_Poker Год назад
go to the larry smith talk and you will understand everything
@user-kx6gr6ky4b
@user-kx6gr6ky4b 6 лет назад
That was awesomeeeeeeeeeeeeee!!!!!!!!!!😍😚
@scancool
@scancool 10 лет назад
he is the founder and CEO of Vidyard they do software and marketing, they been in business for 2 years, I guess he is doing ok,
@badpanda84
@badpanda84 9 лет назад
A great carrer is one where if you fail you get a multimillion dollar redunancy payment.. Also known as Golden Handshake en.wikipedia.org/wiki/Golden_handshake A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses his or her job through firing, restructuring, or even scheduled retirement So yes sometimes failing is profitable
@Kl6622
@Kl6622 5 лет назад
My first time failing in 2018 i think i will carry on failing in 2019
@captainjacksparrow5398
@captainjacksparrow5398 3 года назад
Great
@abufawwaz7187
@abufawwaz7187 11 лет назад
i like it
@alichaeib6280
@alichaeib6280 11 лет назад
good
@PeiyunPianist
@PeiyunPianist 5 лет назад
I was selected for the final from a piano competition. The competition was very tough and I didnt receive a prize and I feel a bit sad. 😢
@hydroshock1853
@hydroshock1853 5 лет назад
*pat on the back* I know this is late, and I know that I wasn't there to see you, but I don't doubt you did well. This is coming from someone who also finds it hard to deal with failure and loss. I hope playing the piano is still your passion.
@nothankyou8165
@nothankyou8165 5 лет назад
Just watching this after I failed ap bio
@monylolo1
@monylolo1 11 лет назад
nice
@idealsAREisomorphic
@idealsAREisomorphic 11 лет назад
Does the buff stack up?..
@ritapufff1564
@ritapufff1564 11 лет назад
WoW.SupperR
@alexperkoplavec
@alexperkoplavec 11 лет назад
how good is video : 4-5
@nitinoctane
@nitinoctane 11 лет назад
I actually cant relate to the last picture @10:17. What about that ?
@giorgigudiashvili4876
@giorgigudiashvili4876 7 лет назад
Sometimes I think all ted talks can be summarized in two centences.
@mzenji
@mzenji 6 лет назад
"sentences"
@effiab5995
@effiab5995 6 лет назад
Don’t give up. Be original.
@grzegorzdyraa5174
@grzegorzdyraa5174 11 лет назад
nice fun
@michaellitt2455
@michaellitt2455 10 лет назад
Actually Jane Larson - I do care. What about my talk failed to be meaningful to you?
@GoldenBearBecca
@GoldenBearBecca 6 лет назад
I think you're hot. Let's have smart babies.
@marchewkaziemniak5062
@marchewkaziemniak5062 11 лет назад
wow
@youngyink
@youngyink 10 лет назад
dig ....
@mattwoolley
@mattwoolley 8 лет назад
So.... The answer to the question "Why you have to fail to have a great career?" is.....? He failed to answer his question. Never explained the WHY......
@ankitg3956
@ankitg3956 9 лет назад
Can somebody explain, how that top line was longest ?
@RyanMoment360
@RyanMoment360 9 лет назад
i think he explained that he changed the line length
@ankitg3956
@ankitg3956 9 лет назад
Ryan Moment no that is not the case !
@RyanMoment360
@RyanMoment360 9 лет назад
Ankit Supercool ohh i think you mean when he ask at the second time...will the answer then is "illusion" buddy.
@ankitg3956
@ankitg3956 9 лет назад
but how come top line is longest ? I want explained answer :)
@JillYva
@JillYva 9 лет назад
Ankit Supercool From what i think,The original would've had the same lengths but he himself changed the length for the presentation. The picture was never changed since he first showed it, it was originally that the top line was longer and the bottom line was shorter. People thought it was shorter cause he tricked them into thinking one of them was longer and the fact that he mentioned it was an optical illusion also he mentioned first everyone should be familiar with illusions like this so giving them the impression (from experience of seeing other optical illusions) that it should be the same...I THINK...Sorry if I didnt explain clearly :/ :)
@benjaminarrowsmith1752
@benjaminarrowsmith1752 10 лет назад
our bodies fail in the end
@gorakshbohra7293
@gorakshbohra7293 5 лет назад
2018 was my failure year I failed every exam.
@jumperstartful
@jumperstartful 4 года назад
But you successfully failed every exam.
@bananian
@bananian 10 лет назад
just a tangent.
@mea723
@mea723 10 лет назад
You just got Litt up :)
@mzenji
@mzenji 6 лет назад
LMAO !!! You my friend are a kindred spirit.... and now I'm going to pour a lil liqour for the great Louis Litt!
@adelelbanna59
@adelelbanna59 11 лет назад
WOWWWWW
@hristodraganov1376
@hristodraganov1376 11 лет назад
interesting
@soufrk
@soufrk 8 лет назад
This probably cleared Larry Smith's talk much. I couldn't grasp much from Larry Smith's speech.
@monylolo1
@monylolo1 11 лет назад
take the advice
@nagendrarao3147
@nagendrarao3147 4 года назад
👍👍👍
@ViruGurudath
@ViruGurudath 4 года назад
I got rejected from Stanford today, anyone got any advice?
@Phoenix01914
@Phoenix01914 2 года назад
Trust yourself and try again 💪
@andresmu9375
@andresmu9375 2 года назад
I know it’s been 2 years already, but how has it been? Did you try again?
@benjaminarrowsmith1752
@benjaminarrowsmith1752 10 лет назад
who is Micheal Litt? I heard his story of failure but where was his success?
@townhouse21
@townhouse21 11 лет назад
ok, this sounds great, but an article in communitech.ca/vidyard-michael-litt/ , he gets the deal after showing an unfrozen bottle of biodiesel! which one is the truth? Here's the direct quote "I got up to the floor, went to the bathroom, got it under the hand dryer, melted it and did the presentation. We ended up pre-selling a few million litres of biodiesel. ."
@Cody6918
@Cody6918 7 лет назад
Failed to have a glass of water up on stage.
@normalguycap
@normalguycap 8 лет назад
All these young people talking about Failure. You don't see an older person talking about failure on their way to success. Because they know better and keep it to themselves so they can enjoy their success for longer.
@koko-thegirlfrommars3793
@koko-thegirlfrommars3793 11 лет назад
wowwwwwwwww
@HappierLion
@HappierLion 11 лет назад
You will fail to have a great career unless you fail to have a great career!
@JamesStrieb2
@JamesStrieb2 11 лет назад
his story ended with failing, not with having a great career. wth!
@scooby196I
@scooby196I 5 лет назад
my career has been failing for over 25 yrs.
@Charlie12241
@Charlie12241 10 лет назад
Then some people should be doing much better at work.
@verifymyageful
@verifymyageful 11 лет назад
Mr. T
@TheBarbacan
@TheBarbacan 11 лет назад
hmmm
@nathanielpillar8012
@nathanielpillar8012 6 лет назад
90 people failed to have a great career after watching this video.
@NareSahajaSai2512
@NareSahajaSai2512 9 лет назад
i thought this correct
@nitinoctane
@nitinoctane 11 лет назад
be somebody or be somebody's fool, what that means actually? i am a bit confused. LOL i failed..
@suggesttwo
@suggesttwo 2 года назад
Top longer... I ignored verdical lines.
@eatcarpet
@eatcarpet 11 лет назад
THE BOTTOM ONE IS LONGER.
@monylolo1
@monylolo1 11 лет назад
funnny
@JEFFMcGuire
@JEFFMcGuire 5 лет назад
UPDATE: 2.8 billion results for FAIL
@Lemon171
@Lemon171 11 лет назад
GANGAM STYLE
@LVCE.
@LVCE. 3 года назад
This is an ancient comment right here
@mustardalilseed6448
@mustardalilseed6448 6 лет назад
This didnt really resonate with me? All i got was him rubbing the jars between his legs
@delatroy
@delatroy 11 лет назад
So long story short.. he's saying that failing is a prerequisite to success because.. it just is.
@zebunker
@zebunker 7 лет назад
Excited to watch a TED talk.....sees that its Ted X....watches cat videos instead.
@rojer9
@rojer9 11 лет назад
i know it's only tangentially relevant to the talk itself, but... this guy went around promoting a product that *would*not*work* in that climate, of which, if he didn't know before, he had a perfect demonstration right there, in his car... and still he tried to cover it up? so, what if that jar melted and the demo was successful? it'd probably fail further tests. but anyway, it seems disingenuous. so, he failed, he rebounded and learned from it - good. the quote is nice too. but he's not honest.
@ssarryo
@ssarryo 11 лет назад
Me too! :) Lol.
@Octav97
@Octav97 11 лет назад
vjh
@alexperkoplavec
@alexperkoplavec 11 лет назад
what is this
@simonwang4389
@simonwang4389 7 лет назад
Food
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