“Would you like me to give you a formula for success? It’s quite simple, really. Double your rate of failure.” Thomas J. Watson

"Every wrong attempt discarded is a step forward" Thomas Edison

Failure by definition is a lack of success in doing or achieving something. Failure is the condition of not getting our desired outcome and is normally considered the opposite of success. Ironically, there are many ways failure helps us achieve success.

Failure keeps us humble, it keeps our ego in check and makes us grateful when we do achieve success later on.

Failure fosters grit, tenacity and resilience, which in many ways are the building blocks of success. This is the reason why successful people usually fail more often than everyone else.

Both Henry Ford and Walt Disney had multiple bankruptcies. Jack Canfield, the co-author of my 2nd book, "Dare To Succeed" was rejected by 143 publishers before finally convincing one to publish the first of his monumental Chicken Soup for the Soul book series books. Colonel Sanders submitted his now world-famous fried chicken recipe to 1,009 restaurants before finding a buyer. It took Thomas Edison 10,000 attempts to perfect the light bulb.

Lastly, failure makes us nimble and flexible--it forces us to reflect and examine what went wrong and then innovate or adapt and try new approaches to overcome obstacles the next time around. Onward and upward.