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          |  |  Pursuing FailureBy Barton Goldsmith
 
 "Success is going from failure to failure without loss of 
        enthusiasm" - Winston Churchill
 
 Most people dislike the idea of failure, but think about it; the only 
        way not to fail is by not trying. Wouldn't you rather your people pursue 
        failure - to attempt new ideas, seek to bring in new clients, and try 
        to create new products, than not? If your people are not allowed to fail, 
        they will not grow. If you cannot encourage your team to reach new heights 
        by giving them a safety net (not firing them if they fail), then how will 
        you take your company to the next level?
 
 From 0 to 50...Million
 This philosophy has helped a number of companies reach the top of their 
        markets. Take for example Mid-America Direct, the largest Corvette after-market 
        parts company in the world. CEO Mike Yager continues to encourage his 
        team to try new ideas, and he doesn't punish them if the ideas don't work 
        right away. He believes that with support, his team members will reach 
        deep within themselves and create new income streams for the company. 
        He continues to remind them that they are part of a team and that they 
        are supported, by him and by each other. Even if their ideas don't work, 
        he is pleased that they are attempting to push the envelope. To further 
        inspire his people, they also get personal rewards for continued efforts 
        in improving the company.
 
 Yager started his company with a vision, ideas like this, and not much 
        else. After reaching the top of his industry, two years ago he decided 
        to take on two new catalogues (VW and Porsche) and is watching them grow 
        with the same velocity. He believes that the only thing that can turn 
        a challenge into a failure is not learning from it. He also believes in 
        continuing education for his team and brings in the best speakers and 
        trainers in the country to help his people reach the next level.
 
 Act As If
 Henry Ford said, "Failure is only the opportunity to begin 
        again more intelligently". Being able to look at your failures and 
        learn from them is a definition of wisdom. To be able to see them clearly, 
        as steps to your goals, gives you energy and inspiration. If you beat 
        yourself up, and become listless with self-loathing, your goals become 
        harder to reach. The energy you put into anger just holds you, and your 
        people, back. If you have difficulty grasping this idea, here's a way 
        to see how it actually works.
 
 The next time you or one of your team members fails, don't chastise them 
        (or yourself). Hold back your anger or disappointment and "act as 
        if" (pretend) that it was part of the process. See it as a step in 
        the right direction. Talk with your team, and explain that you believe 
        that this supposed "failure" is taking you closer to your goal. 
        Explain to them (and yourself) that without the lessons learned from this 
        failure, you would not have the information and experience necessary to 
        achieve success. Then see if you don't reach the next level quicker and 
        easier than if you spent time and energy wallowing in blame, anger and 
        disappointment. This isn't some kind mind game; it's a necessary step 
        in growing your business that has been used by some of the most successful 
        leaders and companies in the world.
 
 Beyond Failure
 Perhaps the most important job of a Mentor is to help their people 
        learn from their mistakes. This is the learning that comes from experience, 
        and it's the most valuable learning we get. By supporting your team and 
        yourself in this kind of thinking, you are creating a company culture 
        that will inspire your team to make your business grow. Most successful 
        people will honestly tell you that they reached their goals by making 
        lots of mistakes. The Mentor's job is to encourage their people to reach 
        beyond their failures, mistakes and fears, and use the lessons learned 
        to achieve success. Work to encourage your team to pursue failure, and 
        they will respond by pushing the envelope all the way to the top.
 
    
         
          | Barton Goldsmith, Ph.D., has 
            started, grown and sold 3 companies. He is a highly sought after keynote 
            speaker, business consultant, and author, who presents to numerous 
            companies, associations and leaders worldwide. He works regularly 
            with The Young President’s Organization (YPO), The Executive 
            Committee (TEC) and The Council of Growing Companies. Dr. Goldsmith 
            writes for the Los Angeles Business Journal, and is a contributing 
            author to over 70 business publications and trade journals. He can 
            be contacted through his web site at: www.BartonGoldsmith.com 
            or at (818) 879-9996 |    
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