Four Ways to Turn Failure Into Success
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In this powerful episode of the Maxwell Leadership Podcast, host John Maxwell delivers a transformative lesson on turning failure into success through four practical strategies. He begins by challenging the common but flawed mindset of asking, 'What would I do if I knew I wouldn’t fail?' Instead, he introduces a more realistic and empowering question: 'What would I attempt if I knew I was going to fail, but I would receive a return on that failure?' This shift in perspective reframes failure not as an endpoint, but as a necessary investment in growth. Maxwell outlines four key principles: understanding the difference between 'good misses' (which lead to progress and learning) and 'bad misses' (which lead to excuses and stagnation); embracing the difficulty of life as a natural condition rather than a setback; anticipating failure to prepare mentally and emotionally; and maintaining momentum through action, adjustment, and belief even in adversity. The episode is deeply personal, with co-host Chris sharing his own journey through financial and relational failure, illustrating how losing everything stripped away fear and built resilience. Together, they emphasize that true leadership is revealed not in success, but in how one responds to failure—with accountability, humility, and a hunger to grow.
Reframe failure as a necessary investment by asking, 'What would I attempt if I knew I’d fail but still get a return?'
Distinguish between 'good misses' (which lead to learning and progress) and 'bad misses' (which lead to excuses and stagnation).
Embrace the reality that life is difficult—accepting this truth reduces resistance and builds resilience.
Anticipate failure to prepare mentally and emotionally, and keep moving forward through action and adjustment.
Leadership is proven not in avoiding failure, but in owning it, learning from it, and continuing to lead with courage.
The Power of the Right Question
“What would I attempt if I knew I was going to fail but I was going to receive a return on that failure?”
Good Misses vs. Bad Misses
“In a good miss, we make adjustments. In a bad miss, we make excuses. It's easier to go from failure to success than it is from excuses to success.”
Embracing Hard: The Mindset Shift
“If you embrace easy, failure is your enemy. If you embrace hard, failure is your ally.”
Anticipating Failure to Prepare for Success
The third principle is anticipation: preparing mentally for failure before it happens. Maxwell stresses that big goals require big risks, and anticipating failure allows leaders to stay in motion, adjust, and keep believing—even when things go wrong.
Personal Stories of Failure and Resilience
“The worst thing that could happen? Lose everything. Oh, I've done that. Yeah. Lose everything? Oh, I learned a lot when I lost everything.”
“Success is not final. Failure is not fatal. It is the courage to continue that counts.”
“What would I attempt if I knew I was going to fail but I was going to receive a return on that failure?”
“If you embrace easy, failure is your enemy. If you embrace hard, failure is your ally.”
Host
Guest
John Maxwell
person
Chris
person
maxwellpodcast.com
product
Maxwell Leadership Podcast
media
How to Get a Return on Failure
book
Bonus Resource
other
Scott Peck
person
The Road Less Traveled
book
Failing Forward
book
Sunil
person
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