The speaker shares a personal account of a significant failure in their career, the launch of a satellite in 1979, which ended in disaster. Despite the failure, they learned valuable lessons about handling such setbacks, and how to turn them into success. The speaker expresses that their education didn't come from books or university, but from an institution and a person who taught them a great lesson. They emphasize that the experience was a failure first time, but it gained a lot of knowledge and system. They believe that the failure was a stepping stone to success, and that the key to handling failures is with a stout heart. The speaker concludes by stating that the significant lesson they learned was not from a university or a book, but from an institution and a person.
1. The speaker wishes to share a lesson they learned from a unique educator, who was not a university or a book, but an institution.
2. They mention a significant curve in their learning journey and attribute it to this educator.
3. The speaker shares their experience of managing success and failure, using a story from their past.
4. The speaker refers to an incident that occurred in 1979, which they associate with their university education.
5. The speaker has not received any formal education like the one they got in 1979-1980.
6. They mention an event where they went around the Sun 71 times, indicating a long period of education or experience.
7. The speaker shares a personal experience of a satellite launch vehicle launch in 1979.
8. The launch vehicle was built in the Vikram Sarabhai Space Center and was moved to the Satish Dhawan Space Centre in Sriharikota.
9. The speaker was the mission director and project director for the launch.
10. The launch was delayed due to a problem in the second stage control system.
11. Despite the computer's warning, the speaker decided to proceed with the launch, trusting their team of experts.
12. The rocket took off successfully, but the second stage lost control and the rocket system was lost.
13. The speaker shares a story of handling failure, emphasizing that learning from failures is crucial.
14. The speaker mentions a press conference where they had to explain the failure to a large audience.
15. The speaker's chairman, Satya Narayana, took responsibility for the failure and assured them of support and a successful retry.
16. The speaker successfully launched the satellite in 1980.
17. The speaker concludes by emphasizing the importance of the lesson they learned, stating that it was not taught by a university or a book, but by an institution.