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Oprah Winfrey admits she made  a mistake with OWN. She is now taking time to set the station in the right direction.

“The idea of creating a network was something that I wanted to do. Had I known that it was this difficult, I might have done something else,” Winfrey said Monday on “CBS This Morning.”

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Winfrey added, “I didn’t think it was going to be easy, but…if I knew then what I know now, I might have made different choices. If I were writing a book about it, I could call the book ‘101 Mistakes.'”

She said, “It’s like, having the wedding when you know you’re not ready. And you’re walking down the aisle and you’re saying, ‘Oh, I don’t know if we should be walking down the aisle. Maybe we should have postponed this. … I would have probably waited until I actually finished ‘The Oprah Show.’ Because from the day that David Zaslav (the head of Discovery Communications) came in to see me, I said to him, ‘The thing that I’m worried about who’s going to lead this train because I can’t do it.’ I know how hard it is to do a daily show…and I’m in Chicago and that’s in Los Angeles. That’s going to be very hard.

“I thought that last week with all the negative press,” Winfrey replied. “You know, it’s just press. It’s just press. It’s just press. You know, because a thing appears to not be doing well, and I’d like to say this to everybody: because you failed at something, which we haven’t failed, but just because you fail doesn’t make you a failure. When you know that in the core of yourself, you can keep trying or you can use whatever is happening in that moment to say, ‘Maybe I need to move in a new direction.-Oprah

You can watch her talk about it in detail here.

What do you think of OWN? What would you like to see on there?