CHAPTER 7

Mindset on Failure

Failure—An Unintended Unfavorable Outcome

In the mindset of an entrepreneur, there is no such thing as permanent failure! Sure, there will be disappointments and setbacks, and things may not go as planned, but none of these can make you and your organization incapable of a comeback. The best way to fail is to learn from it. There are just some things you cannot learn without journeying down the path that leads to disaster or disappointment. In the end, you will have gained a better understanding of what doesn’t work, which gets you one step closer to what does work.

Deemed as one of the greatest basketball players of all time, Michael Jordan once couldn’t even qualify to play for his varsity high school team. It took ...

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