I don't like to get too specific about lyrics. It places limitations on them, and spoils the listeners' interpretation.
“You build on failure. You use it as a stepping stone. Close the door on the past. You don't try to forget the mistakes, but you don't dwell on it. You don't let it have any of your energy, or any of your time, or any of your space.”
“The last time we had Freddy in reality was part two and Freddy sort of went out on his own.”