It was a very simple thing. It was a church camp, I think. I was there about two or three days, very young, and I just remember some counselor telling us that reputation is what people think you are, and your character is what you are. So if you have a bad reputation, you might as well have a bad character, and it pays to have a good reputation and a good character.

And my sister, whose name is Ruth Stapleton, was a famous evangelist. She wrote four or five books, and she would give lectures to 50,000 people at a time. She and I had a long walk in the woods on my farm, and she said, "Jimmy, quite often, when you have a blow to your pride and a horrible defeat, you can either give up, or you can look on it as a way that God opens to you to do different and even better things."

And I never forgot what he said, Bill Clinton. He looked at me, and he said, “You know, Leon, you can be the greatest OMB director in the history of the world, but nobody’s going to remember you if the White House has fallen apart!” I never forgot that.

If I were to give advice to young people, high-achieving young people for example, I'd have to say, don't neglect your family. Politics is important, sitting at the head table is glamorous. Traveling around the world, trying to do something for world peace was wonderful. But family and friends and faith are what really matter in life. And I know that. I see it so clearly now. And so, as they climb the ladder of achievement, I'd simply say, remember what Barbara Bush told those girls at Wellesley: "What happens in your house is more important than what happens in the White House." And it's true. It's so 100 percent true.

No. I mean if you fail 70 percent of the time, you had a great year. You're dealing with failure seven out of ten times as a hitter.