4 Learn the Challenging Secret to Successful Failure . . .Patience

There is a powerful but challenging secret about the relationship of short-term failures to longer term successes. This secret is very difficult for many to accept and incorporate into their work and life, but it is an essential part of learning how to use the Power of Failure. The secret is patience.

In a recent interview for Fast Company magazine, Steve Ballmer, CEO of Microsoft, emphasized the importance of patience for succeeding in business.8 He explained that products and businesses go through three phases: vision, patience, and execution. And he said the patience stage is the toughest and most uncomfortable.

The vision stage generates a great deal of excitement and ...

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