The only true wisdom is in knowing you know nothing.
I quite agree with them that it is not an ennobling experience. Poverty entails fear, and stress, and sometimes depression; it means a thousand petty humiliations and hardships. Climbing out of poverty by your own efforts, that is indeed something on which to pride yourself, but poverty itself is romanticised only by fools.
If you don't fail at least 90 percent of the time, you're not aiming high enough.