Yes, I agree with you, failure is not bad, but not all founder can handle failure well , some take failure as another means to come back stronger, while some gives up and went back on their dream, that's another area where competence and determination comes in.
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I agree with you, a defeat can make you stronger. It all depends on the person and their character. Experiences are for growing and learning. Unfortunately, not everyone sees it that way, some get frustrated and give up.
I also agree with you Peniel that not all can handle failures even how many times they tried or execute a business and they always fail so in the end they will stop dreaming and will never try again to execute a new one.