Learning From Failure

Failing is an Important, unavoidable and critical ingredient to success. When it happens, move on fast but learn the lesson. Scenarios always repeat and you will know what to do next time under the same circunstances. Don't feel bad. Its part of the game and everyone fails in business more than once. Even the most successful.

Here is Richard Branson, my favourite entrepreneur, talking about failure, how to face it and learn from it: