In her speech which could ascertain an imperative amelioration in the life of millions in search of a mentor to guide them the correct path to success, JK Rowling praises what is chided by the people themselves, an untrustworthy sounding teacher, 'Failure’. Ironically failure is something which can make man realize and accept his own mistakes what even a living pedagogue could fizzle to. Failures if taken positively eradicate the negatives, thereby preserving the belief in oneself of leading a successful life.