The rise of China as a new power is another great challenge for the US. Our failure to properly handle Germany and Japan earlier in the 20th century cost us and the world dearly. We must not make this same mistake with China.

I think it's one of the main negative emotional ingredients that fuels show business because there's so much at stake and the fear of failure looms large.

Start-ups make so many mistakes that the challenge to identify the root cause of a failure is tough. But believing in your own plan is probably the worst.

Even when you have doubts take that step. Take chances. Mistakes are never a failure - they can be turned into wisdom.

Nixon's grand mistake was his failure to understand that Americans are forgiving and if he had admitted error early and apologized to the country he would have escaped.

It is a mistake to suppose that men succeed through success they much oftener succeed through failures. Precept study advice and example could never have taught them so well as failure has done.

There are no mistakes save one: the failure to learn from a mistake.

Children love and want to be loved and they very much prefer the joy of accomplishment to the triumph of hateful failure. Do not mistake a child for his symptom.

We learn wisdom from failure much more than from success. We often discover what will do by finding out what will not do and probably he who never made a mistake never made a discovery.

Failure is a great teacher and I think when you make mistakes and you recover from them and you treat them as valuable learning experiences then you've got something to share.