There's a difference between a failure and a fiasco... a fiasco is a disaster of mythic proportions.
Failure is simply the non-presence of success. But a fiasco is a disaster of mythic proportions.
We came from a family where we ran our own small business. Our dad made his own products. We made our own sausages our own meatloafs our own pickles. Dad had to do everything himself. He had to figure out how to finance his business.