Lessons in Failure


Failure is another one of those evil “F” words.light bulb

Since childhood we are indoctrinated to avoid failure.

It’s embedded into our education system.

As a child, you experience failure for the first time when you fail a test.

The teacher puts a big “F” on your test and immediately you learn that failure is bad.

Our education system has been enormously successful in indoctrinating future generations into believing failure is a very bad thing.

As a result, our children learn very quickly to avoid failure at all costs.

In this system, when you fail, you are berated and punished  

This breaks down morale, destroys self-confidence, subdues enthusiasm, which dulls your imagination and derails you from taking risks, creating goals and pursuing dreams.

As a result of this indoctrination, failure stops most in its tracks.

This is the opposite of what should be happening.

When you fail at something the logical response should be to figure out where you went wrong and then apply that new knowledge and try again.

Thomas Edison did this.

He failed over 10,000 times with his incandescent lightbulb.

Edison was able to leverage failure, converting it into a stepping stone to success.

Edison proved that there is far more value in failing than in succeeding.

You learn more from failure than you do from success

Failure teaches you what no to do in life.

In a sense, failure is the most valuable lesson you can learn in life because failure is like scar tissue on the brain.

It stays with you forever.

It takes an enormous amount of reprogramming to overcome the indoctrination that failure is a bad thing.achieve-1822503_1280

Embrace failure.

The only true failure in life is when you quit.

Quitting makes failure permanent.

Don’t accept failure as a bad thing.

Its lessons are invaluable.

Failure is the mother of success.


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Tom is a CPA, CFP and heads one of the top financial firms in New Jersey. For 5 years, Tom observed and documented the daily activities of wealthy people and people living in poverty and his research he identified over 200 daily activities that separated the “haves” from the “have nots” which culminated in his #1 bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals. Visit the website: www.richhabits.net

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