Thanks, @felipejoys, and @memeisfun for your confirmation. I feel like I'm seeing eye to eye with you guys now.

memeisfun, if I may be so bold yet respectful, I think you're looking at things the wrong way. You say your proposal didn't work out the way you expected. I agree, but not in such a terminal sense. Perhaps you should say that it didn't work out...this time. For me, there is little difference between success and failure.

Success is what happens when you take your lessons learned and implement those teachings into the next endeavor. You repeat that process until you reach your goal. Failure occurs when you stop trying to succeed.