Failure

Fearless | Extraordinary Business

Noting your greatest fears and moving forward anyway.

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Starting a new company is not for the faint of heart. As a matter of fact, many entrepreneurs including myself could probably tell you many stories that might shake you to your core if you are unfamiliar with the landscape. The risks are high, there are many unknowns, the demands can be crushing and the work endless. But people do it every day…and many do it again.
 
An interesting quote by Malcolm McLaren, below, speaks of being fearless of failure.

 
What matters is this: Being fearless of failure arms you to break the rules. In doing so, you may change the culture and just possibly, for a moment, change life itself.

-Malcolm McLaren

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Fearless | Extraordinary Business

Noting your greatest fears and moving forward anyway.

image

 

Starting a new company is not for the faint of heart. As a matter of fact, many entrepreneurs including myself could probably tell you many stories that might shake you to your core if you are unfamiliar with the landscape. The risks are high, there are many unknowns, the demands can be crushing and the work endless. But people do it every day…and many do it again.

 

An interesting quote by Malcolm McLaren, below, speaks of being fearless of failure.

 

What matters is this: Being fearless of failure arms you to break the rules. In doing so, you may change the culture and just possibly, for a moment, change life itself.

-Malcolm McLaren

 [···]

Read More

No Room for the Faint Hearted | Extraordinary Business

Get moving or get out of the way.  Business leadership is full of risks.

imageWhen I was in middle and high school, I remember a number of students who found ways to make money; such as selling candy and pencils in the hall, doing other people’s homework or giving people rides home in their cars.  There was always a risk of getting caught, which wasn’t without consequences, but this didn’t stop the people who were really committed to having some money.

Risk is still a very real part of business ownership today, and the consequences could be more devastating, in some cases.  Regardless.  Business leaders, if you want to build a strong business, you have got to learn to eat risk for breakfast.  When you started your company, you had only a 30% chance of being successful.  Do what it takes.  Be tough.

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Infographics | Failing Gracefully: The Secret to Startup Success

This is a great infographic posted on www.onlinemba.com that was forwarded to me.  While we talk a great deal about the 1 in 10 businesses that achieves success, the graphic provides some additional insight into this, and the eventual outcome of failing a few times.

I’d love to hear your thoughts on this – does this relate to your experiences?  If your company failed, would you start the process over again with another company?

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The Loss of Moss | Extraordinary Business

Keep Moving Forward

It’s interesting how life changes; it seems that there are so many times when there were things that were thought to be “in balance” that suddenly get “out of whack.”  There are those things that were taken for granted as always being available that suddenly are gone or inaccessible.

When these things happen, we typically only have two options: get stuck or move on.

Chances are, if you let yourself get stuck, you are creating or continuing a mindset that will never allow you to move beyond mediocrity.  You’ll get sad and depressed, probably start blaming yourself and/or other people and generally make the people around you miserable.

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