As founder of Freshbooks, Mike McDermott has seen a lot, but all his business success doesn’t mean he hasn’t seen a good amount of business failure. In today’s episode you’ll uncover one of the big learning curves that helped him find success in business and how he bounced back from a $1.5 million disaster — proving overcoming failure is possible, and often how to succeed in business to begin with.

** This 5-Minute Lesson offers a short-and-sweet peek into how to succeed in business, and is inspired from the book, The Successful Mistake**

(Produced by Marcus Hind of Dynamiq Management Limited, http://www.dynamiq.co)