Wealth is Good
Cash Flow Is Better

Have you ever noticed how focused we are on winners?  Most of our time and attention is devoted to people who have already succeeded – entertainers who now fill the stadiums or walk the red carpet, influential politicians, famous CEOs.  But that’s merely the end of the story.  So much more can be learned from the failures that got them there.  Failure provides some of life’s most enduring lessons.

One part of our culture where failure is not only accepted but is actually looked upon favorably is in business, among entrepreneurs.  To entrepreneurs failure is worn like a badge of courage.  It often leads them to greater insights and solutions and, with a healthy dose of persistence, eventual success.  This helps to explain why the United States continues to lead the world in innovation.

Here are 11 examples of initial failures – and the lessons learned – by entrepreneurs and others who ultimately achieved great success in their fields.     Read the full article at:  http://www.wisebread.com/11-famous-failures-that-led-to-success-and-the-lessons-they-teach 

Keith Whelan is Cashflownavigator's founder and author of the "Wealth is Good, Cash Flow is Better" e-booklet. He is a graduate of Columbia University Business School, teaches at Rutgers University, and has over 30 years experience in the banking and financial services industry. Keith, his wife Cindy, and their two sons live in New Jersey.