MONEY MATTERS

Failure is not the opposite of success it is more like an ingredient. Every young journalist soon discovers that editors want to hear many times more ideas for stories than they ever assign. And in Hollywood, thousands of ideas for new TV shows are pitched each year, but only a select few get to the screen, let alone survive their first season.
In real life, misses out-number hits whenever people try something new. Statistics Canada records show that only one new Canadian business in three survives to its fifth birthday. Whenever we try a new skill, whether it is technical, sporting or behavioural, we go through four stages. There is the point when you don’t know about the skill, and because you don’t know about it, you are no good at it. Eventually you come to know all about the skill, but you are incompetent to perform it. Then, as long as you think carefully and go slowly, you can do it. Eventually, it becomes so practised, it is easy. The secret is not to give up at stage 2.
In short, the seeds of success almost always flourish best in the well turned soil of failure. Failures, repeated failures, are the fingerposts on the road to achievement- one fails forward towards success.

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