5 good things that can come from failure

by Startacus Admin
Failure is not the opposite of success but part of it - So says the Fail Forward team, who highlight to Startacus 5 good things that can come from failure...
There’s one word which strikes fear into the hearts of people: fail. It can come in the form of ‘’I’m going to fail my exam!’’ or even under the guise of ‘’I’m going to lose!’’ but failure is something we all fear. However, failure will inevitably happen to us in our lives, more than once and it is something we have to try and embrace rather than fear. Here’s why:
It’s how you grow/improve/learn/build character
Imagine if when we were babies we simply did not bother to learn to walk after we fell down after we took that first step. There would be a world full of adults crawling around on the floor; the human race would regress! Even getting back up as an infant and attempting to walk again and again even though we kept falling down is character building as it shows the importance of perseverance. This is something we need to keep in mind when we experience failure: it builds character. Remember, when starting a business that 8/10 fail, so that is a lot of people who do not get it right the first time, but that does not mean you should not try again.
If you could achieve everything you wanted effortlessly on the first attempt, life would be boring
We all imagine that life would be perfect if we just got what we wanted and we did not have to work for it. Imagine if we could just start up a business and it be a great success with no effort from ourselves. If there were not any bumps in the road, and no downs as well as ups then life would be a flatline, and a flatline usually means you are dead. When we are in the midst of experiencing failure we fail to recognise that failure is a reminder that we are alive; it not only makes the happier times sweeter but also reminds us that we are striving for something and that drive to achieve is a part of being alive.
Let's you see your critical flaws.
We all have flaws: even Beyonce (she wears fur). One of the reasons we don’t like failure is because it makes us aware of our own flaws. Whether it is because we were not as dedicated to our revision as we should have been or because we didn’t prepare for that interview as well as we could have done, failure is a reminder that we are not perfect. However, the plus side to failure is that it allows us to examine our flaws and see how we can improve ourselves and avoid failure next time. This is something we can apply to business ventures; we can examine ourselves and see where we went wrong. Did we disregard advice from those with more experience than us? Or did we allow other people to take the lead too much? Failure gives us a unique chance to work on our flaws.
Makes you want to study other peoples failures.
Steve Jobs was arguably one of the most successful business men of his generation, but back in the 1980s he was actually fire from Apple. Yet Jobs actually said that him being fired was one of the best things to happen to him because ’’It freed me to enter one of the most creative periods of my life’’. Jobs took his failure and then worked it to his advantage which is something we all need to learn to do. Looking at successful people and seeing how even they still experience failure is a good way not to only reassure yourself that failure is natural, but also allows you to see how they overcome failure.
Forces you how to positively use negative emotions.
When I experience failure, one of the first things I do is lock myself away in my room and refuse to speak to anybody whilst listening to sad songs. This process usually lasts a couple of days, and then something (possibly hunger) makes me unlock my door and face the world again. Nobody likes failure, but one of the benefits in failing is learning how to challenge all those negative emotions into something more positive. After all, you can only lock yourself away for so long before people start putting up Missing posters of you. Failure encourages you take the negative feelings you are experiencing and use them as fuel to succeed next time.
Failure Day
On the 15th of March 2014, Fail Forward will host its first Failure Day event at Loughborough Students’ Union, with support from NACUE, showing examples of failure within start-ups, sport and music.
Over 100 participants will be attending to listen to a wide range of speakers discussing their own failures, lessons and their ultimate successes. There will also be the opportunity to take part in practical workshops, and see examples of the latest technology.
Tickets will be on sale, and can be purchased through our website www.failforward.co. Early bird price is £10.
Join Startacus - the Self Start Society!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 23rd February 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.