vali comments on What makes you different from Tim Ferriss? - Less Wrong
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I used to think that making failure more costly might be a good source of motivation as well. I ended up failing out of college and spending several months in a haze of depression and total apathy about life.
I'm doing a lot better now, but I've learned my lesson, and no longer use negative incentives as sources of motivation. For a person of my mindset, there is no such thing as "failure so costly one can't help but succeed."
Using "make failure so costly you can't help but succeed" sounds like an approach where good results would have a stronger than average survival effect.