
Written by a model from the transcript; not yet reviewed.
John Maxwell discusses his new book How to Get a Return on Failure: Fail Smarter, Return Stronger with Ed Mylett. Maxwell argues that failure is not inherently a liability but can become an asset when people change their perspective. He introduces the distinction between a good miss, where you got closer despite the failure, and a bad miss, where you got farther, explaining that your response to failure—adjustments versus excuses—determines which type it is. He also argues that success and failure should be kept together: failure beside success provides humility, and success beside failure provides resiliency.
Maxwell shares that the fear of failure is really the fear of what others think, illustrated by a PGA Tour player who said he was afraid to miss a putt but would not feel that way alone on the range. He recounts how at age forty, a personal inventory revealed he had invested heavily in his own growth but not enough in developing his team, prompting a pivot he calls one of his best decisions. He also argues that successful people should talk about their failures more, because when a successful person shares their failures, it encourages others to see failure as surmountable rather than disqualifying.
Schuller's Reframing Questioninsight
Robert Schuller asked Maxwell at 33, 'If failure were not possible, what would you attempt to accomplish?' Maxwell reframed it to: 'If failure were possible but you knew it would help you?' He has used that question for 45 years.
Bleachers Versus the Gameinsight
Maxwell asks: 'Do you want to get in the game and fail, or sit in the bleachers and fail?' Sitting in the bleachers has already disqualified you—no one ever won with a beer and a hot dog.
Pebble Beach Pro-Am Mindsetstory
Maxwell played the Pro-Am at Pebble Beach for six straight years and felt no nervousness because the crowd did not come to watch him; they wanted him to putt and get out of the way so they could watch the pros.
Three Hundred Learning Lunchesdata
Over 30 years, Maxwell has sat down with 300-plus people and asked the most important lesson they ever learned. Every single one included failure in the story. He has never heard a greatest lesson without a miss or loss.
Good Miss Versus Bad Missstrategy
A good miss is still a miss but you got closer; a bad miss means you got farther. The response—adjustments versus excuses—determines the type. Maxwell says he has never known anyone go from excuse to success.
Age Forty Team Pivotstory
At 40, Maxwell did a personal inventory and realized he had invested heavily in his own growth but not enough in developing his team. He pivoted to team development, calling it one of the best decisions he ever made.
Voting for the First Apologyinsight
Before a presidential debate, Maxwell told his wife he would vote for the first person who looked in the camera and said, 'I made a mistake.' He sat there thinking it would be a long wait—and it was.
Winning for Othersinsight
Maxwell says he had a major life change when he lost his competitiveness and decided to help others succeed. 'If I win, it's only one. If they win, it's a whole bunch.'
Click the link below to come see me speak live and use promo code "ED30" for 30% off! https://lifesurge.com What if the very thing you’ve been avoiding your entire life… is actually the key to unlocking your greatest success? In this conversation with John Maxwell, we go deep on something every single one of you deals with, but almost nobody has mastered… failure. And I’ve got to tell you, this one hit me personally. John has been a mentor, a friend, and someone I look up to in a way that’s hard to even put into words. So when we sat down to talk about his new work on failure, I knew this wasn’t going to be surface-level. This is the real stuff that defines your life. John breaks down why most people never even get in the game. It’s not a lack of talent. It’s not a lack of opportunity. It’s that they haven’t gotten over themselves. That fear of looking bad, of being judged, of failing publicly… it keeps people stuck in the bleachers. And one of the most powerful distinctions we talk about is this idea of a “good miss” versus a “bad miss.” Because failure itself isn’t what defines you… your response to it is. That alone could change your entire life if you really take it in. We also unpack something I’ve never heard explained this way before. Success and failure are meant to be together. You separate them, and you lose. When you’re winning, failure keeps you humble. When you’re struggling, success gives you resilience. That balance is where growth actually happens. And John shares how reframing failure from a liability into an asset completely transformed not just his career, but his entire perspective on life. This episode is also about leadership. About how you lead your family, your team, and yourself through setbacks. John made it clear that when successful people talk about their failures, it gives everyone else permission to keep going. It encourages people. It lifts them. And I had to check myself in this conversation too… because the truth is, when we only show our wins, we might actually be discouraging the very people we’re trying to help. If you’ve been holding back, playing it safe, or letting the fear of failure control your decisions… this is the episode you need right now. This isn’t just about failure. It’s about freedom. Key Takeaways: Why fear of failure is really about ego and how to break free from it The difference between a “good miss” and a “bad miss” and why your response matters most How keeping success and failure together builds both humility and resilience Why failure should move you, not define you or make you comfortable How great leaders use their failures to inspire and develop others The mindset shift that turns failure from a liability into your greatest asset 👉 SUBSCRIBE TO ED'S YOUTUBE CHANNEL NOW 👈 → → → CONNECT WITH ED MYLETT ON SOCIAL MEDIA: ← ← ← ➡️ INSTAGRAM ➡️FACEBOOK ➡️ LINKEDIN ➡️ X ➡️ WEBSITE Learn more about your ad choices. Visit megaphone.fm/adchoices
10,167 words · 6 speakers
Speaker names marked are inferred from speaking time and the show’s known hosts — they are not voice-verified.
Page updated · transcript and summary are machine-generated