It's a good philosophy! I like it and I believe in this philosophy..

Just I wonder  if you change The word " To" in the last line of the Verse 1 to " You'll " it will be better..

Verse

The higher you climb

The further you fall.

The quicker you learn

You'll stay on the ball.

The lyric isn't about regret So, I like to add a fifth line to the Chorus and it will be the title as well:

And now you have to select.

or

, so take your pick.

Chorus

If you choose to take the high road.

You’ll find hard times are ahead.

If you choose to take the low road.

It’s a choice that you’ll regret.

And now you have to select.

Now You Have To Select    by Carroll Kiphen

Verse

The higher you climb
The further you fall.
The quicker you learn
To stay on the ball.

Chorus

If you choose to take the high road.
You’ll find hard times are ahead.
If you choose to take the low road.
It’s a choice that you’ll regret.
And now you have to select.

Verse

The bigger the risk
The greater reward
What’s hard to achieve
Is worth fighting for.

Chorus

If you choose to take the high road.
You’ll find hard times are ahead.
If you choose to take the low road.
It’s a choice that you’ll regret.
And now you have to select.

Verse

The struggle the work.
The worry the stress.
You never give up.
You give it your best.

Chorus

If you choose to take the high road.
You’ll find hard times are ahead.
If you choose to take the low road.
It’s a choice that you’ll regret.
And now you have to select.

Bridge

The tides of life rise and fall,
That’s the way it is.
Some fights you win some you lose.
But you never quit.