Book Category: Motivational,

The Power of Failure: 27 Ways to Turn Life’s Setbacks Into Success (book summary)

Author: Charles C Manz
Life Changing Principles
Quality of Writing
Overall Value
pros: Helpful, fast
cons: Too short
overall rating

Quick Summary
Manz’s The Power of Failure unpacks 27 lessons about how maximize and take advantage of failure. It’s a quick and easy read with a handful of golden nuggets.

Key Insights

  • Double your failure rate
  • Always move forward as you fail
  • Products and businesses go through three phases: vision, patience, and execution
  • Success Catch-22: People want to be successful but aren’t willing to embrace the failures that will help them get there
  • Optimism increases success by 37%
  • Continually invest in yourself whether things are up or down

Practical Application

  • Be more patient
  • Fail more often and don’t be afraid of it
  • Learn to step back more often
  • Ask yourself:“Do I want to be happy or to be right?”’

Meaningful Quotes (Optional)

“Failure is the foundation of success, and the means by which it is achieved.” – Lao Tzu

“If you haven’t failed at least three times today you haven’t tried anything new.” – Carole Hyatt

“Success is the 1% that results from the 99% we call failure.”

“A mistake is an event, the full benefit of which has not yet been turned to your advantage.” – Ed Land

“The greatest mistake you can make in life is to be continually fearing you will make one.” – Elbert Hubbart

Interested? Buy the book here!