Is failure a setback or clarifying moment?

07/29/2013 | NJBIZ (New Jersey)

Self-made millionaires tend to have a different outlook on failure than middle-class individuals do, according to Lewis Schiff, author of "Business Brilliant." High-net-worth individuals were much more likely to say that failure had allowed them to better understand their strengths, according to a 2009 survey. "Failure is a learning tool, not a source of shame," Schiff said.

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