
One must look at failure as great opportunity for learning. The following story demonstrates exactly what is meant here: A promising junior executive of IBM was involved in a loss of over $10 million in a business transaction. It was a disaster. When his boss called the nervous executive into his office, the young man blurted out, “I guess you want my resignation?” His boss said, “You can’t be serious. We’ve just spent $10 million educating you!”