The term deliberate practice refers to learning from good failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition.

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The statement is not accurate. Deliberate practice refers to focused, intentional and structured practice aimed at improving specific skills or abilities. Good failures and learning from them can certainly contribute to this type of practice, but it is not the sole defining characteristic of deliberate practice.

The Term Deliberate Practice Refers to Learning from Good Failures