FAILURE vs FEEDBACK: WINNING Mindset for Entrepreneurs

16 Dec 2015 · 0 min
0:07

In this motivational YouTube video, Evan Carmichael, joined by speaker Peter Jones, argues that the word “failure” should be replaced with “feedback.” He shares personal stories—from his parents’ encouragement despite mediocre report cards, to a daily affirmation he practices with his six‑year‑old son—to illustrate how belief and self‑confidence are cultivated. Carmichael critiques the “dream‑squashing” mindset that discourages risk‑taking, emphasizing that failure is merely information about what not to do, which fuels resourcefulness and innovation. He points out that successful entrepreneurs repeatedly fail before succeeding, framing this cycle as a learning process. The video concludes with a call‑to‑action, inviting viewers to comment on the most valuable lessons they’ve learned from their own failures, aiming to foster a community of shared growth and positive reinforcement.

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