If you’re an entrepreneur, you will fail. I don’t mean your business is going to fail and you’ll go bankrupt. I mean that sometime, somewhere, to some degree, you will fall short. You will forget to follow through on a commitment to an employee, partner or customer. You’ll be late to a meeting. You’ll make a bad choice. You’ll exercise poor judgment. You will make a mistake.
How you react when you fail will say a lot about who you are as a person, and will be a critical factor in determining how successful you are in business in ways that go beyond financial.