The speciality of a successful life is not to cast away the defeats and setbacks and replace it with performance, but its more to turnaround whatever is considered to be the junked or castaways and make them work for us. The bible says - let the weak say Iam strong, and let the poor say Iam rich"
Which means that we need to look at all the defeats, losses, dissappointments as oppourtunities to use for our advantage. Grace plays a significant role in this process. Its important to use this grace effectively to smart up the losses.