My last sixteen out of seventeen business attempts were failures. Ultimately, life is a sentence of failures, punctuated only by the briefest of successes. So the mediocre entrepreneur learns two things from failure: First he learns directly how to overcome that particular failure. He’s highly motivated to not repeat the same mistakes. Second, he learns how to deal with the psychology of failure. Mediocre entrepreneurs fail A LOT. So they get this incredible skill of getting really good at dealing with failure. This translates to monetary success. The mediocre entrepreneur understands that
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