"Failure is only postponed success as long as courage coaches ambition. The habit of persistence is the habit of victory."
Herbert Kaufman
Reflection:
What this statement probably means is that failure is giving up on success ,but being persistent is showing victory. In other words, not accepting success is known as failure, but repeatedly being persistent shows repeatedly being victorious. For example, when you fail in an assignment it shows unaccepted success and becomes failure, but working hard and being persistent well lead you towards victory.
http://homeworktips.about.com/od/mindandbody/qt/success.htm
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