The document provides examples of failures and rejections faced by successful individuals in order to encourage the reader to take chances. It describes Ulysses S. Grant being dismissed from various jobs before finding success, Michael Jordan being cut from his high school basketball team, and Thomas Edison being told he was "too stupid to learn." The document also mentions Walt Disney being fired for a lack of imagination and Abraham Lincoln facing many defeats but ultimately overcoming challenges. It concludes by stating that if you haven't failed you haven't lived and there is nothing you can't rise above or grow beyond.