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"To be a success, you only have to be right once.
One single time you are set for life."
That's how NBA great and Hall of Famer Michael Jordan frames his success, and it's an important lesson for today's entrepreneurs, writes Emily Yahr at Entrepreneur.
"For too long, I've seen our education system instill failure, treating it as something we should be ashamed of instead of celebrating," she writes.
"Embracing failure as a necessary step toward success extends beyond business."
For example, Jordan says he's missed more than 9,000 shots in his career.
"Twenty-six times, I've missed more than 9,000 shots in my career.
I've lost almost 300 games.
I've been trusted to take the game-winning shot and missed.
And that is why I succeed."
Here are six other big names who've embraced failure: Mark Cuban: After being fired from his first three jobs, the billionaire started his own computer systems company, MicroSolutions.
"It doesn't matter how many times you strike out," he wrote in his book, How to Win at the Sport of Business: If I Can Do It, You Can Do It.
"One single time you are set for life."
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A customized collection of grant news from foundations and the federal government from around the Web.
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Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.