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How to Manage Failures Successfully

Excerpts from "I Once Wore Diapers"

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Dear Dr. Failure

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EXCERPTS FROM
"I ONCE WORE DIAPERS"

The Successful Failure Pledge
I am a unique person
I have my strengths as well as weaknesses
Failures I do encounter
But each failure makes me stronger
To meet another challenge
Although I may fail from time to time
In finality, I will still succeed
I will raise my threshold of failure
I live not to the expectations of others
I accept the realities of life
I go through both the valley of despair
And the peaks of success
I believe I am born for great things
Therefore, I will try and persist
To achieve this mission
I may fall but I'll get up again
I am a small but important piece of the zigzag puzzle
And I will contribute my fair share
To make this world a better place to live in.

__________________
Name
__________________
Date

 

What is a Successful Failure?
First of all, a successful failure dares to admit "I fail".
A successful failure takes full responsibility for his failure.
A successful failure separates himself from acts of failing.
A successful failure affirms courageously, "I dare to fail!".
A successful failure does not blame his stars, bad luck or other people.
A successful failure maximizes his resources and talents to the limit.
A successful failure acknowledges "I learn from failure".
A successful failure has an inquiring mind, "I'll find out".
A successful failure asserts, "I must do it, not I ought to do it".
A successful failure assures himself, "I avoid the same mistakes".
A successful failure views failure as opportunities, not problems.
A successful failure foresees solutions, not obstacles.
A successful failure does not quit. "I'll try again".
A successful failure believes failing to try is trying to fail.
A successful failure persists, "There must be a better way to do things".
A successful failure challenges, "I shall return to success!".
A successful failure believes, "There's no free dinner; I must work".
A successful failure's creed is "Failing to prepare is preparing to fail".
A successful failure always smiles. There is a rainbow after a thunderstorm.
Finally, a successful failure celebrates because failure begets success.


A to Z of Managing Failure

A
dmit our failures.
B
rave failures. Be courageous to manage them.
C
onquer our fears. Confidence then exudes.
D
etermine to find the exit route from failure.
E
xperience failure. It's not taught in any MBA school.
F
ailures are stepping stones, not stumbling blocks, to success.
G
OD loves failures; that's why there are so many of us.
H
elp other failures; they will reciprocate our help.
I
nspire other failures so that they get up again.
J
oy is experiencing success after failure.
K
nowledge is a powerful tool to overcome failure in the new economy.
L
earning from failure is invaluable. Failure is the greatest teacher.
M
istakes are inevitable. To err is human; to fail to try is criminal.
N
ature will guide us through our difficult times.
O
pportunities, not obstacles, arise from failure.
P
roblems form part of our lives. Those who have no problems live in the graveyard.
Q
uit - that's the game for idiots. Successful failures don't give up.
R
evise your plan continuously to adapt to new changes.
S
uccess is the next step after failure.
T
rying and failing is better than doing nothing and succeed.
U
niversities of failures are located in the streets, not in the classrooms.
V
alue and learn from our failures.
W
ork on our weaknesses.
X
-ray and analyze the root causes of our failures.
Y
ou and I are responsible for our own failures. Don't blame them on bad luck.
Z
enith of our endeavors occurs after many failures.

Michael Lum autographing "I Once Wore Diapers" during the book launch at National Library's Courtyard in Stamford Road