
[Music] when I was coming from home this morning
when I was coming from home this morning
when I was coming from home this morning my daughter asked me that what what are
my daughter asked me that what what are
my daughter asked me that what what are the subject what are you speaking about
the subject what are you speaking about
the subject what are you speaking about I said celebrating failure dad you’re
I said celebrating failure dad you’re
I said celebrating failure dad you’re really growing old are you class who’s a
really growing old are you class who’s a
really growing old are you class who’s a little bit failure you only successor
little bit failure you only successor
little bit failure you only successor yeah I said yes everybody celebrate
yeah I said yes everybody celebrate
yeah I said yes everybody celebrate failure but I think it is now the time
failure but I think it is now the time
failure but I think it is now the time we need to change we need to celebrate
we need to change we need to celebrate
we need to change we need to celebrate failure because fail more time than we
failure because fail more time than we
failure because fail more time than we shall see and everybody’s celebrate
shall see and everybody’s celebrate
shall see and everybody’s celebrate success I think at the end of this I
success I think at the end of this I
success I think at the end of this I hope some of you will start celebrating
hope some of you will start celebrating
hope some of you will start celebrating failure I remember one of our 20 years
failure I remember one of our 20 years
failure I remember one of our 20 years back props heroes in Bollywood
back props heroes in Bollywood
back props heroes in Bollywood celebrated his failure
celebrated his failure
celebrated his failure we went bankrupt and do you know what he
we went bankrupt and do you know what he
we went bankrupt and do you know what he had only 5 lakhs left in the bank he
had only 5 lakhs left in the bank he
had only 5 lakhs left in the bank he went on modern Omega College and he went
went on modern Omega College and he went
went on modern Omega College and he went completely bankrupt so you said it’s
completely bankrupt so you said it’s
completely bankrupt so you said it’s import of this completely go let’s
import of this completely go let’s
import of this completely go let’s finish it
finish it
finish it and this and that now he was to watch
and this and that now he was to watch
and this and that now he was to watch you know ok why am i focusing on failure
you know ok why am i focusing on failure
you know ok why am i focusing on failure it comes even from me I have failed
it comes even from me I have failed
it comes even from me I have failed twice this is like you know you don’t
twice this is like you know you don’t
twice this is like you know you don’t want to talk about failure definitely
want to talk about failure definitely
want to talk about failure definitely not about themselves they definitely
not about themselves they definitely
not about themselves they definitely they do like they talk about somebody
they do like they talk about somebody
they do like they talk about somebody else’s but I’m fail twice in my life and
else’s but I’m fail twice in my life and
else’s but I’m fail twice in my life and that great learning that’s the best
that great learning that’s the best
that great learning that’s the best education after that whenever I did it
education after that whenever I did it
education after that whenever I did it work it succeeded and now I am a fairly
work it succeeded and now I am a fairly
work it succeeded and now I am a fairly successful man go ahead and fail and I
successful man go ahead and fail and I
successful man go ahead and fail and I expect you want to address the college
expect you want to address the college
expect you want to address the college students here that don’t worry you are
students here that don’t worry you are
students here that don’t worry you are going to live to be hundred that your
going to live to be hundred that your
going to live to be hundred that your age that you know 20s they’re sure to be
age that you know 20s they’re sure to be
age that you know 20s they’re sure to be who live to be 100 so go out aim to fail
who live to be 100 so go out aim to fail
who live to be 100 so go out aim to fail your first venture both that it fails
your first venture both that it fails
your first venture both that it fails soup and you have a whole life in front
soup and you have a whole life in front
soup and you have a whole life in front of you
of you
of you you know these failure causes it makes
you know these failure causes it makes
you know these failure causes it makes you the extraordinary from the ordinary
you the extraordinary from the ordinary
you the extraordinary from the ordinary a regular successful businessman with an
a regular successful businessman with an
a regular successful businessman with an ordinary businessman makes him extra
ordinary businessman makes him extra
ordinary businessman makes him extra it’s a failure the next time around you
it’s a failure the next time around you
it’s a failure the next time around you are an ordinary businessman you know
are an ordinary businessman you know
are an ordinary businessman you know what you’ve done wrong in the past you
what you’ve done wrong in the past you
what you’ve done wrong in the past you know very stumble you know like baby
know very stumble you know like baby
know very stumble you know like baby they don’t just get up and start running
they don’t just get up and start running
they don’t just get up and start running they stumble a few timings before they
they stumble a few timings before they
they stumble a few timings before they can get to walk in mother’s finger and
can get to walk in mother’s finger and
can get to walk in mother’s finger and the Walker won’t do it we all know there
the Walker won’t do it we all know there
the Walker won’t do it we all know there are two sides to the coin it all one is
are two sides to the coin it all one is
are two sides to the coin it all one is heads and then I always said when it
heads and then I always said when it
heads and then I always said when it flipped the coin always had heads but
flipped the coin always had heads but
flipped the coin always had heads but 90% of the time it turn tail is one one
90% of the time it turn tail is one one
90% of the time it turn tail is one one small thing when I’m standing here I
small thing when I’m standing here I
small thing when I’m standing here I want to convey what I’m feeling like I’m
want to convey what I’m feeling like I’m
want to convey what I’m feeling like I’m feeling like Sita it feels like a last
feeling like Sita it feels like a last
feeling like Sita it feels like a last one Rekha this circle I just can’t go
one Rekha this circle I just can’t go
one Rekha this circle I just can’t go out anywhere from but I am happy to be
out anywhere from but I am happy to be
out anywhere from but I am happy to be here the cool side of the same point we
here the cool side of the same point we
here the cool side of the same point we must understand that the other side has
must understand that the other side has
must understand that the other side has far more variety all coins have some
far more variety all coins have some
far more variety all coins have some head on one side the other side talks
head on one side the other side talks
head on one side the other side talks about how many other things look at the
about how many other things look at the
about how many other things look at the coins in your pocket the other side so
coins in your pocket the other side so
coins in your pocket the other side so failure is the other side it takes you
failure is the other side it takes you
failure is the other side it takes you around the world it shows you so many
around the world it shows you so many
around the world it shows you so many different in you it shows it shows you
different in you it shows it shows you
different in you it shows it shows you how people are what they were and what
how people are what they were and what
how people are what they were and what they did to you
also I sometimes refer to the name
also I sometimes refer to the name analogic failures
analogic failures
analogic failures what onyx you build muscle is when you
what onyx you build muscle is when you
what onyx you build muscle is when you go to the gym we don’t the swing your
go to the gym we don’t the swing your
go to the gym we don’t the swing your hand and get muscle you use weight there
hand and get muscle you use weight there
hand and get muscle you use weight there is the resistance and that’s what
is the resistance and that’s what
is the resistance and that’s what grizzly muscle that’s what failure is it
grizzly muscle that’s what failure is it
grizzly muscle that’s what failure is it gives you a resistance in your life
gives you a resistance in your life
gives you a resistance in your life going forward in your business
going forward in your business
going forward in your business now this is in my opinion the best
now this is in my opinion the best
now this is in my opinion the best four-letter word for a startup to
four-letter word for a startup to
four-letter word for a startup to understand for a for a student which
understand for a for a student which
understand for a for a student which failure but first ambition in life will
failure but first ambition in life will
failure but first ambition in life will be to paly it’s a four-letter word has
be to paly it’s a four-letter word has
be to paly it’s a four-letter word has just repeated I want to go through what
just repeated I want to go through what
just repeated I want to go through what a few a little series or rejection
a few a little series or rejection
a few a little series or rejection letter so Albert Einstein will just
letter so Albert Einstein will just
letter so Albert Einstein will just produce a letter here that we bought
produce a letter here that we bought
produce a letter here that we bought when you started off you only rejected
when you started off you only rejected
when you started off you only rejected there’s an old letter I found it
there’s an old letter I found it
there’s an old letter I found it somewhere in my junk but actually it’s
somewhere in my junk but actually it’s
somewhere in my junk but actually it’s not a to somebody just put it up on the
not a to somebody just put it up on the
not a to somebody just put it up on the net but this is a true letter from on
net but this is a true letter from on
net but this is a true letter from on foreign Madonna she was rejected several
foreign Madonna she was rejected several
foreign Madonna she was rejected several times before she actually became your t
times before she actually became your t
times before she actually became your t dated and now this is the biography at
dated and now this is the biography at
dated and now this is the biography at the biota this is an application form
the biota this is an application form
the biota this is an application form this is a CV of a guy it was well done
this is a CV of a guy it was well done
this is a CV of a guy it was well done what is called the failure CV is what
what is called the failure CV is what
what is called the failure CV is what I’m saying
I’m saying
I’m saying they their CV now in the West and many
they their CV now in the West and many
they their CV now in the West and many places around the world people who apply
places around the world people who apply
places around the world people who apply for jobs and proper writing what we did
for jobs and proper writing what we did
for jobs and proper writing what we did then they’re writing in the movie is
then they’re writing in the movie is
then they’re writing in the movie is what they cook
what they cook
what they cook what they failed at how many times they
what they failed at how many times they
what they failed at how many times they got rejected because these large
got rejected because these large
got rejected because these large corporations now have understood that
corporations now have understood that
corporations now have understood that itself having just an employee have an
itself having just an employee have an
itself having just an employee have an entrepreneur in residence somebody must
entrepreneur in residence somebody must
entrepreneur in residence somebody must be there done that phase we will be he
be there done that phase we will be he
be there done that phase we will be he will know a lot of water more than a
will know a lot of water more than a
will know a lot of water more than a simple element
gaining the first book was injected
gaining the first book was injected about 30 35 times once it got published
about 30 35 times once it got published
about 30 35 times once it got published you know such a success that the
you know such a success that the
you know such a success that the stupendous Latrell then he went on to
stupendous Latrell then he went on to
stupendous Latrell then he went on to write about 50 more books we have sold
write about 50 more books we have sold
write about 50 more books we have sold about we sold a few millions of copies
about we sold a few millions of copies
about we sold a few millions of copies and still going strong on Walt Disney he
and still going strong on Walt Disney he
and still going strong on Walt Disney he entered business we first ventured
entered business we first ventured
entered business we first ventured laugh-o-gram and failed completely he
laugh-o-gram and failed completely he
laugh-o-gram and failed completely he did that and risk he moved away to
did that and risk he moved away to
did that and risk he moved away to Hollywood
Hollywood
Hollywood then he struggled he did it
then he struggled he did it
then he struggled he did it I mean it was not overnight success but
I mean it was not overnight success but
I mean it was not overnight success but in 15 years or so he bought his first
in 15 years or so he bought his first
in 15 years or so he bought his first stated that was no wife English 7 to
stated that was no wife English 7 to
stated that was no wife English 7 to offer and that a Schwartz at him him on
offer and that a Schwartz at him him on
offer and that a Schwartz at him him on his way Kentucky Fried Chicken colonist
his way Kentucky Fried Chicken colonist
his way Kentucky Fried Chicken colonist and the best story we kept on doing work
and the best story we kept on doing work
and the best story we kept on doing work even went to the army was picked out
even went to the army was picked out
even went to the army was picked out because of his failings there and kept
because of his failings there and kept
because of his failings there and kept on failing
on failing
on failing Lily was firing at a time when everybody
Lily was firing at a time when everybody
Lily was firing at a time when everybody has retired one for the farm we then
has retired one for the farm we then
has retired one for the farm we then have Kentucky Fried Chicken and we all
have Kentucky Fried Chicken and we all
have Kentucky Fried Chicken and we all know what it is I want to briefly touch
know what it is I want to briefly touch
know what it is I want to briefly touch upon startups
upon startups
upon startups this is the buzzword now and I’m happy
this is the buzzword now and I’m happy
this is the buzzword now and I’m happy that I’m here among students who are
that I’m here among students who are
that I’m here among students who are probably going to Wed in this part of
probably going to Wed in this part of
probably going to Wed in this part of situation
90% startups fail which is again the
90% startups fail which is again the same topic they all 90 percent fail not
same topic they all 90 percent fail not
same topic they all 90 percent fail not because the idea is not good what
because the idea is not good what
because the idea is not good what because they don’t know how to work it’s
because they don’t know how to work it’s
because they don’t know how to work it’s because they don’t know what business is
because they don’t know what business is
because they don’t know what business is all about they don’t know that it’s more
all about they don’t know that it’s more
all about they don’t know that it’s more than just the idea you have a business
than just the idea you have a business
than just the idea you have a business to run
to run
to run so it’s always good and I recommend it
so it’s always good and I recommend it
so it’s always good and I recommend it and I hope that you guys will be a first
and I hope that you guys will be a first
and I hope that you guys will be a first out of bed as soon as you can
stigma is something I just want to I I
stigma is something I just want to I I built when you fail and especially in a
built when you fail and especially in a
built when you fail and especially in a country like India we are surrounded by
country like India we are surrounded by
country like India we are surrounded by by friend you know there’s a whole
by friend you know there’s a whole
by friend you know there’s a whole ecosystem here you immediately become
ecosystem here you immediately become
ecosystem here you immediately become the pariah we become get stigma and I
the pariah we become get stigma and I
the pariah we become get stigma and I mean through this school when you have
mean through this school when you have
mean through this school when you have failed but now you have to understand
failed but now you have to understand
failed but now you have to understand and you must make it in your mind that
and you must make it in your mind that
and you must make it in your mind that stigma is the old theory it no longer
stigma is the old theory it no longer
stigma is the old theory it no longer applies if you feel that you know
applies if you feel that you know
applies if you feel that you know they’ll forget it
they’ll forget it
they’ll forget it in fact I failed twice I may repeat that
in fact I failed twice I may repeat that
in fact I failed twice I may repeat that it was it was so bad
it was it was so bad
it was it was so bad called me
let’s come what do I do I have no cash
let’s come what do I do I have no cash at home I told her I have no cash in the
at home I told her I have no cash in the
at home I told her I have no cash in the office either so if you go down that
office either so if you go down that
office either so if you go down that that beep you’re only bound to succeed
that beep you’re only bound to succeed
that beep you’re only bound to succeed after that I repeat it’s time to
after that I repeat it’s time to
after that I repeat it’s time to celebrate failure these come up go ahead
celebrate failure these come up go ahead
celebrate failure these come up go ahead and celebrate it thank you
”
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