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Essays About Personal Failure Examples

The following essay was submitted to the Wharton MBA program by our client. The client was accepted to the program.

In my 2nd year in university, my 2 study partners and I were all working for software companies. We frequently discussed ways to make quantum career leaps. One that fascinated us was starting our own company.

One day we came up with an idea that would increase sales for consumer goods retailers and simultaneously decrease monthly consumer expenses. Each day, we polished our idea together for a couple hours.

After 2 weeks, I decided to get outside feedback. I looked for people who had at least 10 years experience in consumer goods. Finally, I convinced a friend, to connect me with a board member of the 2nd largest consumer goods retailer in my country.

I presented our business model to the board member, and he instructed his right-hand to set us meetings with managers who could evaluate our plans. Over the next month, we went to one meeting after another. The responses varied from enthusiasm to skepticism. Each time, we improved our presentation according to the feedback.

Finally, I managed to set a meeting with the previous CEO of the largest consumer goods retailer. He concluded our meeting with: “Guys, in my opinion, it’s not going to work”.

I couldn’t say if it was the pressure from school and work or the CEO’s negative feedback, but since that meeting, I wasn’t able to motivate the team to go on. We consciously gave up.

2 years later, one of my teammates called out of the blue: “check out this link…it works!”. I think he expected me to feel disappointment. Actually, I felt pride – my first business attempt was viable after all.

But, I had failed to push it through.

Looking back, it was an amazing experience. I learned much about myself, but two lessons stand out. The first was that, at the time, I didn’t question what drives each team member. For me, it was primarily an adventure, and losing some money because I was working less hours for a while was a risk I was willing to take. Later, I realized that one teammate, who was already in a long term relationship, was really worried about financial security. Then I understood that that was the core reason for many of our business strategy disagreements. Since then, I have learned to analyze others’ motives. I found out that it not only improves my communication with peers, but it also helps me convince my supervisors.

The second lesson was an eye-opener. I learned that I simply enjoy business. I was excited before each meeting, and had fun analyzing business models and role playing with my friends. I experienced energy levels that I had only ever felt playing soccer. I realized I am not willing to compromise on a career I will just tolerate, I want one that excites me.

This realization completely simplified all my future choices. About 2 years ago, my CEO gave me a choice between a business and a technological position. That was the easiest decision I made in my life.

Essay on Failure

Most people fail at some point in their lives. It’s a necessary and fundamental part of life. People have to generally fail at something before they find success – even though failure can be defined as a lack of success, an unsuccessful person, enterprise or thing, a lack or deficiency of a desirable quality. But failure is not a means to an end, nor does failure have to give any indication of permanence. What is permanent is not getting started in the first place out of fear of failure. To fail is to fail to hit one’s target, whatever it may be, but it doesn’t prevent one from trying again.

A lot of times, a person fails because they failed to adequately prepare for success. This extends to all aspects of life that people want to improve upon relationships, career-related objectives, and personal achievements. Most people want to a better life, have goals and things they want to do in life. A good deal of time and effort go into preparing for something important – any important undertaking. It seems that many people pursue success half-heartedly, with little effort and preparation, and they wonder why the fail. Preparation is the key to avoiding failure, or it at the very least minimizes one’s chances of failing. But it’s not always a certainty.

To lessen the likelihood of failure, one has to do things to maximize their probability of success. This can be changing one’s daily lifestyle habits, for one example. A person focused on accomplishing something, on creating success, will have to dedicate their free time to this cause. This means early nights and even earlier mornings, staying home and working instead of going out and spending money or wasting one’s time. Failure can often be attributed to a lack of commitment to success. Everyone – well, perhaps most people – strive for success. People as a whole don’t strive to fail at things in life. They generally want to excel at them.

Lifestyle habits are important when considering their effect on failure, but one’s mental habits are also a key part of success. A person convinced of their success, or that it will assuredly happen in the near future, will most likely be successful in life. They are seeing their success, what it looks and feels like, play out in their minds. This is the start of the Law of Attraction at work. The Law of Attraction is a theory arguing that by focusing on positive or negative thoughts, a person can bring about positive or negative results. If a person yearns for success, thinks about it, dreams about it, always has their mind on it, the better their chances will be for them achieving success. This means they will be less likely to fail later.

Failure can also be prevented with the right kind of foresight. It is a highly discussed and much-believed notion that a person’s success occurs in direct proportion to their ability to see how everything, every decision that is being made right now, affects their life down the road. People who are prone to failure live mostly for the day, or the next few days, and they neglect to consider the future – even the distant future. This is probably one of the strongest indicators of whether a person will fail or succeed in life.

Success – in whatever form – is not an easy thing to come about, to find. Rather it is created from lots of hard work, preparation, persistence and unrelenting confidence. Failure, on the other hand, results from a lack of these things. To conclude, failure is the absence of success, and failure is also not a means to an end, but an opportunity to learn from failure. Everybody fails at some point in their lives. What matters most is moving forward and never giving up on success. It will happen soon enough despite failure.

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