Failing greatly is awesome because it presses way past all boundaries and allows you the freedom to soar higher the next time or the time after the next time. It is never done in vain.
It also increases the amount of experiences you have. You will have amazing and funny stories to tell as well as more lessons learned.
Our lives are meant to be lived not for us to just sit on the sidelines and watch. There are many things that may not work out the way we want, but sometimes being in the moment allows for other things to happen which are often much better than anything we had planned.