The Italian legend was the surprise choice to replace Alan Curbishley at Upton Park in September and it has been a rollercoaster ride ever since.
After a bright start by the former Chelsea striker at the helm West Ham have now found themselves creeping towards the wrong end of the table after going seven matches without a win.
Zola, who missed a crucial penalty in Euro 1996, says he learned more by making mistakes as a player than looking towards the positives.
The 42-year-old knows he has taken a risk by accepting The Hammers job, but he believes if he does succeed then he will be fondly remembered.
"I know that this is a big risk. I am putting myself on the line," said Zola on being West Ham manager.
"All the goodness I have done is on the line and I'm going away from Chelsea to another Premier League club, but I like the challenge.
"The bigger the job the more responsibility and attention you get, so every mistake is in the spotlight.
"I'm not afraid of making mistakes. I became a better player by missing penalties and crying after that, but it's all part of the process of becoming better.
"I know that there may be a risk but can you imagine the reception I'm going to get here from the club? It's going to be fantastic. That's what I am thinking about."
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