No one goes looking to fail, but it's the only way to truly grow. Failure is part of the human experience. Dealing with failure, however, can develop characteristics in a person that shines in leadership roles. Whether you're a team leader at an office or someone starting a website for an online business, you can apply lessons from past failures to the present. One thing about failure that holds true for everyone — you'll never repeat the same mistake. You can learn a great deal from your biggest mistakes. Once you've had a chance to look back and reflect on what went wrong, you'll have a powerful mental resource-base. You'll be able to easily identify similar situations later.
That's what I've done. After 29 years in the business I've seen pretty much everything that can go wrong, and have found the best approach to most problems.