The lesson to be learned is that it’s less risky, not more, to understand that some ideas don’t work out and to have ways to identify failures quickly.
I wonder if, societally, it's true though, or if statistically the more reliable way to "succeed" in life, is getting good at selling and defending ideas, even the bad ones.
For most people that lean heavily towards this (we all somewhat do, we all have our pride from time to time) it's probably not a very conscious decision. Framed slightly differently it can easily be made a virtue, for example "be headstrong" or "stand up for what you believe in".
Yeah if your families income etc depends on it yeah its hard to take that many risks. Not everybody has enough wealth to prosper from the passive income such wealth could create.