Failure - Entrepreneurs

At the age of 22, he lost his job as a store clerk.At 23, he ran for the state legislature and lost.The same year, he went into some business.It failed, leaving him with a debt that took him 17 years to repay.At 27, he had a nervous breakdown.

Two years later, he tried for the position of speaker in his state legislature.He lost.At 31, he was defeated in his attempt to become a elector.By 35,he had been defeated twice while running for the Congress.Finally, he did manage to secure a brief term in the Congress, but at 39 he lost his re-election bid.

At 41, his 4-year old son died.At 42, he was rejected as prospective land officer.At 45, he ran for the senate and lost.Two years later, he lost his vice presidential nomination.At 49, he ran for senate and lost again.

At 51, he was elected as the President of United States of America.

The man is none other than Abraham Lincoln.

One can see that along with each failure he was also climbing each step higher.No failure has ever stopped him from aiming high.Even after those many failures, he achieved success.

Its same with an entrepreneur, he must be able to handle the failures.There is a lot to learn from a failure.With each failure he experiences, he must improve himself.A successful entrepreneur is one   who can not only handle or withstand the failure but also analyze the failure.The road ahead is no smooth. Its always filled with some impediments.So, one must learn and prepare himself how to handle and analyze failures in order to have a successful run.

Video : Steve Jobs at Stanford.