How Failure Fuels Success: What Entrepreneurs Can Learn from Setbacks

Inspiring Entrepreneurial Lesson

Please find attached a very inspiring entrepreneurial lesson in ET, which proves that it is from failure and not from victory that we gain strength. The most successful industries have failure as their cornerstone.

Regards.

Hi Dilip, Thanks for the continued posting of good articles from The Economic Times. It is true that success is built on failures. There is a saying that "Success comes by experience, experience comes by failure." We find many examples of companies that failed miserably before becoming immensely successful. In many cases, these companies reversed their failures and achieved success by solving a very small problem.

This also reminds me of Malcolm Gladwell's famous book "Tipping Point." [URL="http://www.flipkart.com/b/books/tipping-point-malcolm-gladwell-little-book-0349113467?affid=mygudbooks"]

Thank you for sharing this insightful information.

Best regards