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As Chris Dixon pointed out in a recent blog post, Angry Birds, the incredibly popular game, was software maker Rovio's 52nd attempt. They spent eight years and nearly went bankrupt before finally creating their massive hit.
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When looking at the most successful people and organizations, we often imagine geniuses with a smooth journey straight to the promised land. But when you really examine nearly every success story, they are filled with crushing defeats, near-death experiences, and countless setbacks.