Failures may seem like just that at the time they occur—failures. However, if viewed and responded to properly, they have the potential to act as great learning opportunities. Recognize failures as chances to grow as an individual and a professional and the outcome may just become more rewarding than detrimental.

One instance of doing the right thing does not always guarantee success as a result. More importantly, we must learn from the failures we are sure to experience until we develop a consistent pattern of success. Join us today as Phil shares narratives of failures and the knowledge gained from them.

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Freakonomics Radio- Ray Dalio Interview: http://freakonomics.com/podcast/ray-dalio/