Posts Tagged ‘failure’

@maurilio:

5

Sometimes You Can Only Win After Failure

Sometimes your client or potential client needs to fail before you can help him. That was a difficult lesson for me to learn, but has proven to be an important one. And if you’re going to be successful in the service industry, you better learn this one, and fast. Earlier in my career as a consultant, I would try to argue and convince my clients of a course of action that I thought was best for them. Most of the time my advice became strategy or a tool that eventually brought results. But from time to time I encountered, and still do to this day, people who believe they know more than I do and decide that their solution is preferable to mine. As a consultant, this know-it-all attitude has always puzzled me. After all, if you know the “what” and “how,” why hire me in the first place? In…

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So You Are Dealing with Failure. Now What?

There are always excuses to stop us from accomplishing greatness in our lives. Some of them might even be legitimate. But there is nothing that stops me from trying harder than dealing with failure. After all, failure is the best excuse of all: “I’ve gave my best shot and fail. I’m moving on.” No one can fault you for that. You tried. You did your best. Now it’s time to move on, right? Well, not so fast. Recently I was reminded of the many failures Abraham Lincoln faced before he was finally elected president. In 1831, Abraham Lincoln failed in business. In 1832, Abraham Lincoln was defeated for state legislator. In 1833, Abraham Lincoln tried a new business, and failed. In 1835, Abraham Lincoln’s fiancée died. In 1836, Abraham Lincoln had a nervous breakdown. In 1843, Abraham Lincoln ran for Congress and was defeated. In 1848, Lincoln ran again, and…

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Sometimes Failure is Inevitable

Some risks you cannot mitigate. Some decisions you can take all the right steps, speak to the right people, do all the research and you still end up with a dud. Sometimes a very costly dud. A few years ago we hired a technology consultant who came to us highly recommended by a high-end technology firm that had recruited some of our best talent. His credentials were as impeccable as his experience. His previous projects were much larger and complicated than the one we chose to embark with his guidance. This guy was a total package: He spoke high-level Geek. He was from out of town. He was tall and confident. He was expensive. He designed a very, very expensive cluster of servers that were supposed to make our lives easier and serve our clients better. It was a failure. A big failure. It was a cluster alright, but not…

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5 Reasons Your Business or Ministry Might Not Succeed

Your dream venture might never happen not because it’s not a good idea or it’s not needed, but because it might be under resourced.  Entrepreneurs in their zeal to get their dreams birthed usually shortchange the true cost of what it takes to create a sustainable business. Here’s some of the most common mistakes: You don’t pay yourself enough. In order to get the business going, entrepreneurs will often pay themselves very little or nothing at all. That’s not a sustainable model. If the business cannot pay you a decent wage in a short period of time, then rethink your model altogether. Your financials, income/expense projections are unrealistic. I was guilty of this for years. Being optimistic, I have always projected high on the income, and being very frugal, I default to thinking things cost a lot less than they actually do. Unrealistic targets can put too much stress on…

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Confession of a Failed Parenting Moment

This is not an educational, inspirational, or leadership post. This is a confessional note, and I’m not proud it. Sometimes you have days where there’s not much left of your brains, patience or both at the end of a long haul. Yesterday was that day for me. I got home and by the time I took the boys out for a “guys dinner out,” I had nothing left for them. Our dinner was, for all practical reasons, a non event. I was tired of thinking and talking so I just sat there like a lump on a log and watched the boys eat their dinner. There was no teaching moment, no funny stories, not even an argument from me. I was barely there; as a matter of fact, I was not there at all. I’d rather write about all the life lessons I get right and the good things that…

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