International Day for Failure is celebrated on October 13 and is recognized globally, having originated from an initiative by students at Aalto University in Finland. The day aims to destigmatize failure and encourage entrepreneurship by promoting the idea that making mistakes is a natural and valuable part of personal growth and success. Activities associated with the day often include sharing stories of failures that led to eventual successes, with support from notable Finnish figures, such as Jorma Ollila and Peter Vesterbacka. The celebration emphasizes the importance of taking risks and trying new things, fostering a culture that embraces failure as a stepping stone to achievement.