You can be discouraged by failure or you can learn from it. So go ahead and make mistakes make all you can. Because remember that's where you'll find success – on the far side of failure.
I wish I had been more prepared both for success and for failure when I was younger.
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But if you look at WorldCom which is the biggest failure to date they grew dramatically they were buying companies that were bigger than they were and they were doing it off inflated stock.