Please rewrite and summarise the below text:

Learning from adversity is a benefit to man but few know the difference between temporary defeat than failure

Failure serves as a blessing in disguise because it breaks the hypnotic rhythm and gives an opportunity for a fresh start

Failure is a state of mind, it’s never real unless a person accepts it as permanent 

That is the same for success

“Character” is nothing more than a person’s thoughts and actions of hypnotic rhythm crystalized into a sense of being

Proper relationships are the beginning of anything being successful

No one can change the law of hypnotic rhythm just like you cant change the law of gravity; but you can change yourself

A proper relationship is one that brings all connected to it or affected by it some kind of benefit

Adversity relieves people of vanity and egotism; it discourages selfishness by proving no-one can succeed without others

Adversity forces the need for meditation and introspective thought 

The greatest benefit of adversity is that it forces one to change one’s thought habits when it forces one to break hypnotic rhythm

The loss of material things can teach you that man has control over nothing except his own power of thought

The non-drifter’s reaction to every form of adversity is positive

He fight’s but doesn’t give up, and usually wins

Not every form of adversity is advantageous, but the seed of the advantage is always there, usually in some form of knowledge

The law of hypnotic rhythm is essentially the law of compensation

Chapter 12: Environment, Time, Harmony and Caution

The material that thoughts are fed comes from one’s environment; Thought habits are made permanent by hypnotic rhythm

Ones intimate associates is the biggest part of one’s environmental influence

One may submit himself to any environmental influence desired whether positive or negative and the law of hypnotic rhythm will make the influence permanent when it assumes the thought habit

Be careful of all forces that inspire thought because that thought will have an influence on hypnotic rhythm good or bad

Choosing an environment that inspires positive thought will help drifters stop drifting

Successful people must control their environment, ensuring themselves against the influence of a negative environment

Desires are organized impulses of energy called thoughts; desires mixed with emotional feeling are preparing to be taken over by hypnotic rhythm

The strongest of these thoughts will soon be come transmuted into the physical

There can be no idleness in the brain for definiteness to be applied successfully

Nature doesn’t allow for idleness to happen; when you’re not thinking positively, nature will allow the negative thought to take up that space

Time penalizes the individual’s thought and solidifies whichever, positive or negatively, into permanency 

People aren’t born with wisdom, but they are born with the capacity to think, and they may with the lapse of time think their way into wisdom

Wisdom only comes through the lapse of time

It only comes to non-drifters that form positive thought habits as a dominating force in their lives

Time is positive for those that are non-drifters but the enemy of those that are drifters

Wisdom is the ability relate yourself to nature’s laws so that they may serve you

Accumulated knowledge is not wisdom 

You can convert knowledge into wisdom through time and the desire to want to convert it into wisdom