Why Is Failure Important?Failure is important, possibly more important than success. For one, it teaches you the importance, the meaning of success. Secondly, it helps you learn.
When you experience a glimpse of victory, you ignore the small mistakes, but when you taste the bitter flavor of failure, you either give up (the followers) or you stop, think and analyse as to what went wrong (the leaders).
Failure holds very little or rather no importance to the giving up type but it holds a very important message for the latter ones. It makes them analyse every single step, no matter how small or big. It teaches them what success can never do. (Source https://inc42.com/entrepreneurship/failure-important-lesson/ 12.10.2016)