The Daily Mastermind
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Episode 567 · Apr 19, 2022

How to Overcome Your Fear of Failure

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Fear of failure is one of the most common and most costly forces holding people back from the life they were meant to live. In this episode of The Daily Mastermind, George Wright III makes the case that failure is not the enemy of success. It is, in fact, one of the most reliable paths to it.

George speaks from experience and conviction: when you understand the real dynamics at work between failure and success, the fear that once felt paralyzing begins to lose its grip. This episode is a mindset shift worth sitting with.

Why Fear of Failure Holds You Back

George opens with a bold claim: fear of failure is the primary reason 80% of people are not prepared for the challenges and changes happening in the world today. It is not a lack of talent, opportunity, or intelligence. It is the fear of getting it wrong.

Most people see failure as a verdict on their worth or their potential. When a plan falls apart, the internal voice says: you are not good enough, you made the wrong call, you will never make it. But George pushes back hard on that story. The fact that something did not work does not mean you are not capable. It means you found a path that did not lead where you needed to go, and now you have data.

The Real Relationship Between Failure and Success

Success is not a matter of always choosing the right direction. It is about your ability to learn from every experience, adjust, and move forward. That reframe changes everything.

When you stop asking "did I go the right way?" and start asking "what did I learn?", failure becomes a tool rather than a threat. You go back, you study what did not work, you come up with new methods, and you try again. The goal is not to avoid failure. The goal is to never give up.

You've never really failed if you don't give up.

That is the standard George holds up in this episode. Permanent failure is a choice, not a circumstance. Every setback, properly examined, contains the information you need to succeed the next time.

What History's Greatest Achievers Knew About Failure

George draws on two of the most enduring voices in personal development to anchor this point.

Napoleon Hill, whose work remains among the most widely read in the field, wrote that every failure carries within it the seed of an equivalent or greater benefit. George quotes this directly:

Every failure, every adversity, every heartbreak carries with it the seed of an equivalent or greater benefit.

Thomas Edison is the other example. When a reporter asked how it felt to fail a thousand times trying to invent the light bulb, Edison's answer reframed the entire conversation:

The light bulb was invented with a thousand steps.

Edison did not see a thousand failures. He saw a thousand pieces of knowledge that eventually pointed to the answer. That is the mindset George is inviting you to develop.

Why Quickly Earned Success Leaves You Unprepared

George makes a point that many people resist: you should not envy those who achieve success quickly or easily. The reason is practical, not philosophical.

He uses a vivid illustration. Imagine two people traveling to the same destination. One flies. The other drives, breaks down along the way, and has to problem-solve through every obstacle. If both are sent back to the starting point and told to make the trip again without any vehicle, who is better prepared? The one who drove, broke down, and learned the road.

Rapid, frictionless success does not teach you how to handle the long-term difficulties that come with maintaining and growing what you have built. The struggle is not a penalty. It is preparation.

How to Shift Your Perspective on Failure

The practical work in this episode is about changing your relationship to failure at the level of perception. George offers a clear directive: view failure as a necessity, as the key to the gateway of success. When you start treating failure as a required part of the process rather than an unwanted detour, your fear begins to shrink.

He also offers a reframe on problems: do not ask for fewer problems; ask to become bigger than your problems. That orientation builds the kind of resilience that makes success feel earned, meaningful, and sustainable.

Ask yourself honestly: what is it in your life that you fear? Is that fear of failure keeping you from the greatness you were designed to reach? Are you putting off important decisions because you are afraid of getting it wrong?

Action Steps

  • When you face a setback, resist the urge to interpret it as a verdict on your worth. Ask instead: what does this tell me about what to do differently?
  • Study the failure. Write down specifically what did not work and what new approach you could test next.
  • Identify one goal you have been avoiding because of fear of failure. Commit to one small action toward it this week.
  • Seek out someone who has succeeded in the area where you are struggling. Learn how they navigated failure on their way to the outcome you want.
  • Remind yourself regularly: you have not really failed unless you accept defeat and quit.

Your success, your happiness, and your fulfillment live on the other side of your fear and on the other side of failure. It is never too late to start living the life you were meant to live. Face the fear, learn from the failure, and keep moving forward.

READ THE FULL TRANSCRIPT

welcome back to the daily mastermind George Wright the third here with your Tuesday morning dose of inspiration motivation and education I want to talk to you today about failure and your fear I want to talk to you about both of those things and why failure is actually a really good thing for you why do we view failure differently than a lot of successful people? How do you view failure? Do you see it as something negative that you don't want to be associated with or you just don't want to have failure in your life? Or do you see it as something positive? Most people in the world, quite frankly, and I'm probably one of them at times, I don't like failure. Fear of failure is actually the main reason though why 80% of people in the world are not prepared for all of these changes and circumstances that are happening in the world, this fear of failure. So why do people fear failure so much? Well, the reason is because people don't understand the real dynamics involved with success and failure. I had an article I did about this with my partner, Robert Stubberg, in our personal development company, why failure is greater than success. And it really got me thinking about this. Why do people fear failure so much? The reason is because, like I said, they just don't understand this dynamic of success and failure. Remember, it's not about when we're making a decision or we're trying to find a direction in our life or we're dealing with circumstances, it's not about going the right or wrong way so that we'll be successful or avoid failure. It's about our ability to always be able to learn from our experiences. It's not about whether our decisions are right or wrong. Now, don't get me wrong. We're not talking about morality and ethics here. There is a right and wrong, but I'm talking about when you're struggling with decisions that hold you back because of your fear of failure. Understand this because it's important that you put failure in the proper perspective. And listen to me closely here because when you put failure in the proper perspective it melts your fear away When you put that fear of failure in the proper perspective it removes the fears around it So when someone who doesn understand the dynamics meets with temporary failure they're thinking that they're not good enough or that they're never going to make it or that they made the wrong decision. But is this really the case? I mean, does the fact that you didn't make the success happen or go the right way, does it really mean that you're not good enough? I think you know that's not what it means. And does it mean that you'll never make it? I think you know that's not what it means either. So why do we let this get caught up to create so many fears around taking the wrong action? All you have to do is find the right path. And you do that through failure. So what do you do? You go back. When you fail at something, you go back and you try to figure out where you went wrong. You try again. This time you come up with different methods. You find what didn't work and you go with what maybe is a new idea that might work. I mean, talk to any successful person who has made it in this area of success. Think of what, you know, in the same thing you're doing, think of what you can, you know, who you can talk to and what you can do to pattern what they've done. But whatever you do, don't give up because you've never really failed if you don't give up. and that's what helps you to remove the fear is not wondering whether you're going to make it but knowing that no matter what, you're not going to give up, that you're always going to learn a lesson. Why? Because every failure, every adversity, every heartbreak carries with it the seed of an equivalent or greater benefit. Does that sound familiar? I mean, that's Napoleon Hill with one of the all-time most read books out there. Napoleon Hill said that and failure contains the seed of victory and success in it. So we should seek failure to some degree. I mean, failure teaches us what works and what doesn't. When we study the reasons for our failure and we learn from it, we find the real keys to success. That great inventor, Thomas Edison, knew this truth better than anybody. You know, it took Edison, what they say, a thousand ways to test the light bulb for him to figure out the right materials to create the light bulb. And when a reporter asked him, you know how did it feel to fail a thousand times he said i didn fail a thousand times the light bulb was invented with a thousand steps meaning he viewed failure differently different than most of us. We need to all learn to be like that. Every successful person has had to overcome temporary defeat at one time or so in their life. You gotta know this, you gotta own this, and your fears will start to disappear when you do this. You haven't really failed unless you accept defeat. so don't let failure feed your fear um you know do do you envy and here's another here's another really important thought do you envy people that made or got success easily you shouldn't why shouldn't you because success earned through failure is always a sweeter experience and it's always i know what you're saying you're saying george look i'd much rather not have to fail to get where i need to be but you have to understand that those who earn success in a quick road to success, they're not equipped. They're not equipped to be able to do what they need to do. The people that got there easily, they got it so quickly that they didn't bother to look around and they're not equipped to handle the more long-term difficulties. Let me use an example. Take two people that are traveling to the same destination and one of them got there by an airplane and one of them got there by breaking down in a car along the way because they were driving a car, the other guy's on an airplane and one arrives there quicker. The other guy has to break down along the way, deal with all the issues. And it takes, let's say you took those two guys back for whatever reason, they got taken back to their original point of origin. And you said, I want you to get to the destination again, but now you don't have the benefit of the plane in the car. Who do you think is going to be able to get there? Surely the guy that's broken down, that's spent time on the road, that knows the direction. I mean, this is part of the path and process in life. You've got to understand that defeat's only temporary. Don't let it be your obstacle. Don't let failures be your excuse for not moving forward in life. Don't put off things because of fear of failure because failure is actually going to be your greatest ally. Failure is going to be your greatest teacher. Failure is going to be your greatest mentor. So I want you to learn to kind of view failure a little bit differently View it as a necessity View it as the key to the gateway and the kingdom of success You need to approach that And when you start to shift your view of failure into a more positive role, into a more necessary role, your fears are going to start to go away. Your fears are going to start to be smaller. Don't ask for less problems, ask to be bigger than your problems. You're going to be stronger that way. You're going to be more successful that way. The success is going to come at a much, much, much more fulfilling pace. And that's the message I want to have for you today. So what is it in your life that you fear? What is it in your life that you really try to avoid? And is that because you're afraid of failure? Are those fears something that keep you from the greatness that you were designed to have? Are your fears of failure or the failure itself something that are keeping you from experiencing the fullness of life for your true potential? You know, you hear me say it all the time. I believe it's never too late to start living the life that you're meant to live. And I do believe that it's never too late to face your fears. And keep in mind that your failures are gonna assist you in the process. And keep in mind that no matter what, you're not gonna quit. and I promise you, I promise you, you'll get past those fears. Your success, your happiness, your fulfillment lie on the other side of your fear and they lie on the other side of failure. Learn this lesson and you'll be empowered for the rest of your life. That's my message for today. I hope you have an amazing day and try to apply this in your life. Share this episode. Also, you might check out the Daily Mastermind Instagram or Facebook page. We're actually coming up with a great group mastermind that's gonna be hitting here. it's only going to be for about 20 people so you know it may be sold out by the time you check this out but check out the the facebook page and there'll be some links in there see if you qualify for our business mastermind in salt lake city we got a new 20 000 square foot facility we're doing some small private masterminds myself my business partner justin eli as well as a couple of other great authors and experts to be able to help you so check that out i hope you can qualify for that i might be able to see you there and have an amazing week i'll see you tomorrow you