Nothing in your past is in your present making you do anything you don't choose to do. You are not your past history! You are not your past failures! You are not how others have at one time treated you! You are only who you are and what you do now in this moment.

My failures were something for me - my first contact with professional football. Though it didn't go all that well, it's not a regret, it's just like that. But looking back, those failures helped me consider football differently, consider the professional game differently.

Operational risk is the risk of loss resulting from bank operational failures, such as rogue traders, fraudulent sales practices, and cyber risks. Operational risk capital is money or assets that banks have to hold to shield the economy from the consequences of these kinds of failures.

People want to start their own business or become financially independent. But you don't end up a successful entrepreneur unless you find a way to love the risk, the uncertainty, the repeated failures, and working insane hours on something you have no idea whether will be successful or not.

Every successful businessman will have experienced set-backs and failures - they're lying if they say they haven't. Virgin has had some tremendously successful businesses and some that have not quite worked out. Virgin Cola springs to mind - the product wasn't distinct enough from Coca-Cola.

I tried out various experiments described in treatises on physics and chemistry, and the results were sometimes unexpected. At times, I would be encouraged by a little unhoped-for success; at others, I would be in the deepest despair because of accidents and failures resulting from my inexperience.

An early attempt at education choice was charter schools. These were meant to attract the best and brightest students and provide them a level of education they often could not find in their local school districts. The problem is that, of the thousands of charter schools, many are outright failures.

Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.

Bottom line, I removed myself from the victim mentality and took control of my life. I'm not just going to take responsibility for the success in my life - I'm going to take responsibility for the failures in my life. When you're willing to accept that you're the problem, you immediately become the solution.

Successful people maintain a positive focus in life no matter what is going on around them. They stay focused on their past successes rather than their past failures, and on the next action steps they need to take to get them closer to the fulfillment of their goals rather than all the other distractions that life presents to them.

Share This Page