Saturday, March 20, 2010

Time For Go-Go Juice! - Driving Success From Failure!

Good Saturday morning to you. Thank you for joining me. What’s in your Go-Go Juice today? Lately, mine has been an orange syrup that burns the throat when going down and has a nasty aftertaste. What the heck is with this cold? And why can’t Dayquil come in Cherry flavor like its night time counterpart? Actually, that one doesn’t taste so good either. I guess medicine just doesn’t taste good period. And the worst it tastes, the better it is for you (well, that’s what I hear). Heck, I’m still suffering from bad tasting medicine I took last night, which brings me to my thought for the day. Failure. Why is failure looked upon so negatively? People fear failure – sometimes to a fault. Yet, this is how our great country was founded. People have been facing diversity and challenges for centuries, yet the few men and women who had a goal to succeed, pushed onward regardless of opposition, risk, judgment and practicalities. These people are our successors, role models and leaders. They are the entrepreneurs whose spirits lead others to do amazing things. Right now, as our economy struggles to turn around, as the unemployment remains at all time highs, we are seeing an increase in entrepreneurial activities. A personnel executive recently stated to me that as people lose jobs, as the demand to make an income rises, people connect with their creative nature and venture onto new ideas and some are bold enough to try and start a new business. Yet, when we look at what it takes to start a new business, people fear from the possibility failure. Heck, even organizations who help fund the needed start-up capital judge a startup business on the measurement of failure or success. It is an oxymoron. Failure and success are one of the same. You can’t have one without the other. True succession is learning that you’ll fail, how to fail and how to improve from failure. Folks, failure in and of itself is a needed factor in effort to succeed. How does one know they’ve succeeded without failing? When a business fails, one has to ask why did it fail? What underlying factors contributed to the failed outcome? What was learned from the failure? If we look at our past, even recent past, we can see businesses that produced a service or product that was tremendous, but did not last for various reasons. Not always is it the service or product that was the culprit in the demise of the business. While you can go to school to learn about starting a business, nothing will provide more learned experience than the hands on approach. What you learn in books can be resourceful, but it won’t compare to what you’ll gain once you’ve done it. I will also tell you that people on Wall Street constantly gamble on the failures of others. It’s called “Short Selling”. So, even on Wall Street, our economy depends on a calculated amount of failures. How many people have skill, talent and ideas that are not being put to good use for fear of failing? I say those who do not try are failures in a negative sense. These are the minds of those who hinder growth. Our current economy needs new industries, new jobs and new creations – but it’s dependent on those who are willing to stand in the fire, fall flat on their face and yet find the enthusiasm to get back up and try again. To all my valued readers…I dare you to try something new, something fearful that has the potential to turn bad into good. If you’re not a doer, but a thinker, then get the thought out so the doer can run with it. Get entrepreneurial and take a risk. You may find it fun, rewarding and full of value. That’s my thought for the day. Remember, I take tomorrow off – so join me on Monday for a re-fill of Go-Go Juice. Be good to yourself and enjoy the rest of this wonderful weekend!

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