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This month we discussed business failures. Failures are an important part of the business process. Successful entrepreneurs pick themselves up, dust themselves off and learn from their failures. Often times the most successful entrepreneurs have had the most spectacular failures.

Warren Buffett estimates that his biggest failure has cost him $100 billion. I discuss this and others on today’s CFAX 1070 show at 2:30pm.

Click this link and fast forward to about 32 minutes: http://www.cfax1070.com/Media/CFAX-Podcasts/Ian-Jessop/November-4-2013-2pm.