How can failure bring success?
Fear of failure can lead people to never try new things or explore new business opportunities. Not going ahead with an idea for fear of failure is worse than failing. You have to accept the risk if you want to conquer new markets or leverage your organization. Failure thus becomes an important step towards success.
As failure is part of any business, we have to be able to turn failure into success. How? After trying something that didn't go well, you have to learn from your mistakes. If we learn from our experiences, we'll be able to avoid making the same mistakes again. With this learning we can adapt and fail less often until we achieve success.
One example of a company where failure led to success is Apple. The North American giant learned from the mistakes it made when launching its products. In 1980, Apple launched the Apple III, which became a commercial failure due to its imperfect design and components. Apple has learned from its mistakes and is now known for its design and product quality.
How can failure bring success? Fail, learn, do things differently.