Failure teaches us valuable lessons…

At 21, he failed in business.

At 22, he lost a legislative race.

At 26, he fell in love, but his sweetheart died.

At 27, he had a nervous breakdown.

At 36, he lost a congressional race.

At 45, he lost a Senate race.

At 47, he failed in a vice presidential bid.

At 52, he was elected president of the United States.

His name: Abraham Lincoln:

Examining your losses is a valuable tool in learning how to win.

“When you don’t get the results you want, you have to ask yourself,

‘What can I learn from this?’

“Past failures may be a gift in disguise.”

Lincoln learned a great deal from his failures.  Great thinkers do. They take risk. They sometimes take falls, but truly great ones learn from these failures and go on to be successful.

Thomas Edison conducted more than 700 experiments trying to invent the electric light bulb. “He was once asked if he was discouraged by 700 unsuccessful attempts.

“He replied: ‘I wasn’t discouraged, because every wrong attempt was another step forward.  I learned 700 ways not to make a light bulb.’

In management, we should learn from our mistakes and focus on our successes. Like Edison, I believe I have learned 200 ways not to supervise a team, but along the way I have learned what works.

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