Fueled by Failure

There are many ways to fail. “Having a bad idea, not executing well, not having the courage to change or adapt, not building the right team, or making bad decisions are among so many possible ways in which we can fail,” Finkelstein says. Another way of failing: not even trying.

Here are five ways embracing failure can work for you:

1. We learn some of our best lessons through failure.

2. Failure inspires us. If we look at it properly and don’t allow it to define us, failure can be a great source of motivation.

3. Failure teaches us humility. We feel humble after losing and recognize that we are indeed human.

4. Embracing failure allows us to take more risks. Once we come to terms with having failed and survived, we can take greater risks.

5. Failure makes success taste even better. We have a better appreciation of success having failed a few times on the way up the ladder.