Random Thoughts

As a business leader, entrepreneur, and human being I’ve had my share of failures. When I think back on the massive pile of ideas that I’ve tried to turn into businesses over the years, I’m surprised I’ve only failed several times instead of hundreds. 

Let’s see, I started a computer training school that went nowhere. I also built a customized marketing collateral portal that I pumped hundreds of hours (and many dollars) into only to find out it was not a business I could sustain without investors. Oh, and it wasn’t good enough for investors to want to invest in anyway. I’ve got 4 books started and each one I’ve failed to finish. They’re all good (I think). What else? I could go on….

Each of my failures has shaped who I am today. They taught me something about myself, about the marketplace, about technology, about finance — and I’m grateful for each. The lessons I learned by failing, even though it may have stung pretty badly each time, are lessons I never would have learned if I had never tried.

I used to let the fear of failure stop me from moving forward. I don’t do that anymore. However, here is the one thing I’ve learned through my failures that I want to share with every entrepreneur and leader:

Learn to understand when it’s time to pivot, or even let go.

I get it, that’s not always easy. But it’s critical to learn, and to do. There’s a great quote by Eloise Ristad. She said, “When we give ourselves permission to fail, we, at the same time, give ourselves permission to excel.” 

Failure is part of the road to success: for you, for your team, and for your family. Be flexible when you need to find another path. Be open to a new perspective. And most importantly, be honest with yourself when something is simply not working.

Think about this when you lead or manage your team. How can you make a change that will increase the likelihood of success? What can you let go of that’s holding you back? What can you do to help yourself, and others, get off the path to a truly epic fail? 

And most importantly, make sure you help them learn from their failures. As Henry Ford once said, “The only real mistake is the one from which we learn nothing.” 

“Trusting that there is a next step is the first step to figuring out what the next step is.” — Jennifer Williamson 

I hope you and your families are doing well both physically and emotionally during this unprecedented time.

Step by step, day by day. Do your best, and know that your best is good enough.

We’ll get through this.

I’ve always been good with time. I can easily assess how long it will take to get from point A to point B, and I’m particularly good at estimating the time needed for individuals or teams to complete projects. 

As I get older, my thinking about time has shifted from something that I have plenty of to something that is so precious that I don’t want to waste a single moment. This shift has helped me focus more on the things that matter.

Time is something we all share. Sometimes it passes more slowly or more quickly than we’d like, but once it’s gone we can’t get it back. 

How we choose to use time is up to each of us. I’m on a mission to ensure I give more of it to the people that matter, and that I don’t ever wish it away or waste it.

And don’t forget — taking care of yourself is not a waste of time. It’s an investment in yourself and in your ability to lead and care for others.

Photo by Aron Visuals on Unsplash

I was recently asked a simple question by a colleague: “Who do you admire?”

Wow, what a loaded question. I admire many, many people—they are mentors, good friends, and talented colleagues. I also admire several artists, musicians, writers, athletes, and educators. The people I admire most are those I find talented, honest, kind, and giving. I also admire people who have the courage to lead, whether they are the type that does it quietly or the kind that enjoys the spotlight.

But when I think about who I admire most, it’s probably parents. I don’t have children myself, but when I look at parents today and consider the magnitude of the task of raising children in a world that seems to be moving faster than they can possibly keep up with, I have to give them kudos for being the leaders that they are.

Parents love through the times when those they lead are the most unlovable, guide their children to do what’s right even when it’s not easy, and sacrifice their needs for the health and success of the family. They show up every day, teach and train, troubleshoot, motivate, and lead by example. 

A good business leader shares a lot of traits with a good parent, don’t you think?

And while there are some essential things that make a good parent, everyone finds their own unique way to perform the role. Just like the best leaders.

Photo by Kelli McClintock on Unsplash