Congratulations, You Failed
Posted by Ram Kumar Shrestha on January 9, 2013
By Hiroshi Mikitani
[Mikitani was born in Kobe, Hyogo prefecture, Japan. Mikitani attended Hitotsubashi University, graduating in 1988. While working for the Industrial Bank of Japan, Mikitani was transferred to the US and from 1993 studied at Harvard University, earning an MBA. Mikitani worked at the Industrial Bank of Japan (now part of Mizuho Corporate Bank) from 1988 to 1996. In 1997 he founded a consulting group called Crimson Group.
Hiroshi Mikitani is the outspoken chairman and Chief Executive of online shopping mall operator Rakuten. In 1997 Mikitani founded Rakuten. He was president from its founding, and in 2001 he also became chairman. In addition, he is also head of the E-Commerce and Banking Business Units and Head of the Development Unit. Among his other titles are also director of Kobo Inc., chairman of Rakuten Card Co., Ltd, chairman of Rakuten Travel, Inc., chairman of Fusion Communications Corporation, and chairman of Crimson Football Club, Inc.The company’s stock price is up on it successful expansion abroad: last year it acquired Germany’s Tradoria online mall, the UK’s Play.com online retail site and others in Indonesia and Russia. Rakuten also has a China online mall in venture with Baidu.com. It is moving into e-books with acquisition of Canada’s Kobe e-reader firm. At the same time, Rakuten is petitioning the Japan Fair Trade Commission to examine Yahoo Japan’s tie-up with Google as a net monopoly. Mikitani owns the Tohoku Rakuten Golden Eagles baseball team. Rakuten donated $3.7 million to earthquake relief efforts and raised millions more via Rakuten Securities and digital wallet service Edy. 48 years Mikitani is billionaires and Net Worth $6.2 B as of March 2012. His this short essay is very encouraging and popular.]
Failure is not fun. When it happens, it’s hard to pick yourself up the next day and go back into work.
But push through, because your prize is waiting for you.
Failure is the foundation for success. That’s an old Japanese proverb. Embrace the attitude of implementing improvements soon after a failure, to make that proverb a reality.
Failure will show you just where you went wrong. It will show you the reasons for your difficulties and the things that you still need to address before you can succeed. In the process of failing, you no doubt noticed what was going wrong as it happened to you. Good for you. That’s your to-do list going forward. You now know what needs fixing.
Failure is only a true failure when it does not lead to improvement. If you are back in the game quickly, making improvements, you have not failed.
Pat yourself on the back. You have learned something. Your success awaits.