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Andrew Bryant of the New York Times Interviewed the CEO

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Andrew Bryant of the New York Times interviewed the CEO of Aruba Networks, who said he valued a mentor he had at Hewlett Packard several years earlier. In reference to his former mentor, the CEO recalled: "Basically, he would push you and give you as much as you could handle until you started failing. He would encourage you to not be afraid of failing-because when you start failing, that's when you know where your limit is, and then you can improve around that. So he actually sometimes would reward failure because that means that you have pushed yourself." The CEO was describing a former mentor who _______ his employees


Definitions:

Self-Interest

The motivation driving individuals to pursue their own objectives and benefits, often guiding economic behavior and decision-making.

General Welfare

Refers to the overall economic health and wellbeing of a community or nation, encompassing factors such as employment, healthcare, and living standards.

Public Choice Theory

A branch of economics that studies how economic theories and methodologies apply to decision-making in the public sector, often focusing on the behavior of voters, politicians, and public officials.

Property Tax

Property tax is a levy on property that the owner is required to pay, usually based on the value of the property.

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