How to Avoid Mid-Career Regrets

How to Avoid Mid-Career Regrets

By | Wish Group | No Comments

Are you living your best life?

If you’re not sure, use my blog about 5 Steps to Define Your Own Success to evaluate what matters to you and how you’re working to achieve your own version of success.

Once you know how to define success in a way that is meaningful to you, you can use your Success List to guide your career decisions.

Whether you’ve been working for years, or are just getting started, regrets can always set in.

We often think about the “what-ifs” and convince ourselves that the grass is truly greener in another job, but this isn’t always true.

Really quickly, I’ll go over the most common mid-career regrets:

  • Not Designing Your Own Life: Listening to other people’s advice instead of your own desires.
  • Not Investing in Yourself: Take the time to invest in your knowledge, health and soul.
  • Missing Out on Moments: A Work-life balance doesn’t always lead to happiness, think through the moments of your life that you’re happy to be at work, and the moments you want to experience outside of work.
  • Not Being Authentic: Being too focused on other people and how you are perceived instead of learning more about who you are and what you believe in.
  • Searching for Happiness Instead of Creating It: Learning about your authenticity will help you learn how to create happiness in your life.
  • Letting Fear Prevent Change: Doing your research and thinking through decisions is good, but letting fear keep you from making that leap is not a risk you should take.
  • Not Addressing Toxic Situations and People: Time is your most valuable asset and spending it in situations or with people who don’t build you up is a waste of your valuable time.
  • Being Trapped Around Money: Save up a cushion of savings that can last you 6-9 months of unemployment to help temper the fear you may have around changing your career. 

My Tips to Avoid Mid-Career Regrets are:

1) Continue to strive for growth

Even if you love what you’re doing, at some point you are going to have to put in hard work. It might be work that challenges you mentally, physically or emotionally, but it will challenge you.

You may think you want an easy job, or just to turn your hobby into a paid gig, but waking up each morning and looking forward to the day ahead often comes from experiencing continued growth through challenges.

Even something you love can become difficult when you turn it into a job, because when you do an activity all day long and depend on it for survival, the playfulness can disappear quickly.

Continue to strive for grow in your career in personal, professional, and spiritual ways.

Personal growth can come from trying to be early into work on a regular basis, or getting along with a co-worker who knows how to get under your skin.

If you’re a workaholic, personal growth can also come from learning how to find a better balance between your work life and life outside of work.

Professional growth can come from a mentor, and if you don’t have one yet, I highly recommend seeking one out.

Related: Bootstrap – Why Mentorship Matters

Professional growth can also come from company lunch-and-learns, reading books or blogs about topics you’re interested in knowing better, going to conferences, or enrolling in continued education courses.

Spiritual growth can come from starting your days with gratitude and meditation, or finding time at work to have a quiet mind to centre yourself.

Whatever your personal journey is, you can make room for spiritual growth in your career.

 2) Take More Risks

Naturally, our brains are designed to keep us safe. Taking risks of any kind can feel dangerous, even if the “danger” isn’t as real as it seems.

Our aversion to take risks is our brains way of trying to maintain a status quo, keep us in our comfort zone and feel safe. However, it is also what causes us to be stuck, resist growth and thus fall short of meeting our full potential.

Do your research and seek out advice from mentors/peers/family you trust, but in the end you need to make your own decision based on what you know is right for you.

When we ask for other people’s opinions they sometimes project their fears onto us in a bid to keep us safe.

Being authentic and designing your own life may not come easy, but part of living your destiny and not your shadow career is being able to live with and even embrace uncertainty.

If you know that it is time for you to move on, to learn something new, to change your career direction or to start your own business, you will not be fulfilled until you take action.

 3) Make Lateral Moves for Happiness

As a society, we are obsessed with climbing the corporate ladder.

Sometimes moving sideways, onto a new ladder, will bring you much more happiness and fulfillment.

Take time to look up; where is your career heading, and does that bring you excitement or apprehension?

Searching for happiness at the top of a corporate ladder can lead you to become disappointed and cause you to miss out on important moments in your life.

So every 1-3 years, take some time to consider how far you’ve come, the path that you’re on, and where you want your future to go.

A lot of people make career decisions without knowing what they’re working toward. If you make a decision that is only based on moving “up” you will most likely experience career regret.

Take the time to consider the type of work that plays to your strengths, develops some of your weaknesses and work that energizes you. Find ways to add more of that in your work life, and you will experience less regret.

Time you enjoy spending is never time wasted.

Sometimes it’s okay to take a step backward or sideways to get to a happier place.

 4) Consider Your Overall Wellbeing

A work-life balance doesn’t exist, we bring work home with us emotionally and physically.

Sometimes we spend so much time working it feels like we never go home at all.

Do you know why you’re working?

Is it to make more money, or is it bigger than that? While we do need money to support ourselves and our families, being trapped around money can keep us from making changes to get away from toxic situations or investing in ourselves to move towards a more authentic life.

There will be pros and cons to every job you have, in whatever career you’re in.

Weigh them carefully to understand what matters most to you.

In the end, your career path, your success, and your happiness depends on you.

Use your definition of success and your personal Success List to guide your career decisions.

Even with all of this knowledge, you may still find yourself feeling some mid-career regrets. Just know that your time has not been wasted.

You can learn valuable lessons from every experience in life, and mistakes do not lead to failure unless we fail to learn from them.

Frank

 

Ready or Not, You are Leading by Example

By | Wish Group | No Comments

That old saying, “do as I say, not as I do” isn’t going to cut it in business.

As the CEO, boss, and/or manager, your employees, associates and clients learn how to act from the examples you set.

“Serious leaders understand that, both by design and default, they’re always leading by example.” (Michael Schrage, HBR)

While you have worked hard already to get yourself into a position of leadership, you cannot slack off while your teammates are watching.

Refusing to lead by example alienates your people from you, feels like a betrayal for them, and decreases morale.

Setting a double standard of asking for more from your team than you ask of yourself will quickly build a team who resents each other, refuses to go the extra mile, and lives for the weekends.

Accepting your position as a leader and leading by example sets the tone of your workplace, encourages passion, loyalty and trust among team members, and ultimately develops future leaders.

Leading by example builds trust and makes people want to follow you because people are more likely to follow those they trust.

If you are in a leadership position, you are responsible for the morale of your team. “The culture of an organization is set by its leaders, and if those leaders are not consistent with their positive messages, both explicit and through their actions, it impacts the culture.” (Kevin Dee, The Eagle)

You need to lead your team toward success by being the first one to go the extra mile. “It’s difficult to resent managers who roll up their sleeves and wade into the trenches when they need to, and who share the same sacrifices their teams do.” (Victor Lipman, Forbes)

Refusing to lead by example is a quick way to lose loyalty and reinforces higher turnover. Employee retention is one of the biggest issues in Human Resource management. Taking the time to build trust among your team will help you even more in the long run.

To understand how strong your current leadership is, ask yourself how you lead by example and write down a few concrete examples.

If you find it difficult to think of examples, don’t be discouraged. Start today and consider how you can build your team up through your actions.

Leading by example takes practice, but that extra effort will pay off by helping you build a stronger team and a better company.

Get Your PR Right

By | Wish Group | No Comments

Get Your PR Right

Early in the beginning Wish Group didn’t have a Public Relations (PR) strategy. We did what we could and bootstrapped our way through.

In our first venture, we were partnered with Tony Lacavera of Globalive and he was recognized as #1 on the PROFIT Hot 50 list.

That was such an inspiration and I saw Tony get a lot of PR from that recognition.

So that’s my first tip, apply for awards.

You may feel like you’re not big enough to win an award or doing enough amazing things to stand out, but you could be pleasantly surprised.

Learn how to apply for awards because things like the PROFIT list have you competing against companies that started in the same year as yours, and they measure growth as a percentage instead of purely revenue.

Over time we have learned about a lot of other awards, such as Greatest Place to Work, Best Employers, etc. While we’re bootstrapping and don’t offer a lot of perks, we realized that what we do offer here is better than other companies.

Applying for awards is also a good process to go through to set goals for your business as you grow.

You might have blinders on while you’re working away in your business, and awards can help you feel good about where your business ranks amongst your peers. It can help you validate that what you’re doing is working.

Awards are also team activities, and winning them has a positive effect internally for your team. This in turn benefits your customers and clients too.

Once you start winning awards and getting some PR, it can become more of a domino effect.

Another Tip for Bootstrapping PR is Give Back.

We’ve done some things for our community without having PR in mind, but they ended up generating a lot of positive PR for us.

Growing up as a business in Liberty Village has been great, and the community has helped us grow. We wanted to do something to give back to our community, so we created an event named Calling on Liberty.

The event showcased a lot of local Liberty Village artists and raised money for the local community.

Just Tell Your Story.

You might think no one cares to hear what you have to say, but you would be surprised.

People want to hear what you have expertise on.

Get Digital and Social.

The newer digital and social media world can be intimidating, but it’s an amazing medium for telling your story.

Connect with your audience.

Even doing a video series like Bootstrap and sharing clips will help you get your story out to more people.

I wish I had started my video series years ago!

We are living in a very content centered world, and you’d be surprised about how many well-known magazines are hungry for content you can deliver.

Just get started somewhere.

For this episode of Bootstrap, click here: http://wishgroup.ca/s1e12-get-your-pr-right/

Frank

Wish Group Ranks No. 286 on the PROFIT 500 Ranking of Canada’s Fastest-Growing Companies

By | Press | No Comments

PROFIT500

TORONTO, ONTARIO (September 14, 2017) Canadian Business and PROFIT today ranked Wish Group No. 286 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Wish Group made the 2017 PROFIT 500 list with five-year revenue growth of 207%.

“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

“Wish Group is honoured to be on the PROFIT 500 ranking for the sixth year in a row,” said Frank Cianciulli, CEO and Chairman of Wish Group. “Wish Group’s success is founded on our ability to foster an entrepreneurial culture, to attract, develop and focus not just on being a leading provider of the key services, but to embrace our own achievements which we feel is crucial to the success of our clients.”

Wish Group continues to provide best in class business solutions using multiple award winning companies. These companies work collaboratively from an open office space in Liberty Village as well as several offices nationwide. Their continued focus on the dedication, respect, flexibility and efficiency that defines their corporate culture has never been stronger. Over the years, Wish Group has built a community of leadership amongst its employees – allowing for great results in helping clients improve communications, attract and retain a world-class workforce and achieve first-rate financial results.

Wish Group is a collection of companies anchored by entrepreneurial passion, run by hard work and growing because of integrity. We continue to focus on becoming the premier business solutions provider in Canada by providing diversified services to Canadian clients across industries.

About the PROFIT 500:

For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.

About Canadian Business:

Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.

About Wish Group:

Wish Group is a collection of companies anchored by entrepreneurial passion, run by hard work and growing because of integrity. We continue to focus on becoming the premier business solutions provider in Canada by providing diversified services to Canadian clients across industries. We strongly believe our people are the single greatest resource to success. When you combine great ideas with great people, you have an unstoppable force. The energy of our ambitious team combined with proven leadership excellence creates a cohesive organization that focuses on providing exceptional service to our business clientele.

wishgroup.ca
67 Mowat Ave Suite #411,
Toronto, ON M6K 3E3
Email: jorchard@wishgroup.ca
T: (416) 640-9768 ext: 9768

An Exponential Mindset Sets You Apart and Drives Growth

An Exponential Mindset Sets You Apart and Drives Growth

By | Wish Group | No Comments

An exponential mindset isn’t focused on making something better, it’s focused on making something different. (How to Create an Exponential Mindset by Mark Bonchek)

Most people have incremental mindsets that believe in minor improvements, but people who have exponential mindsets believe leaps of improvement are always possible.

A person with an exponential mindset isn’t a pie-in-the-sky dreamer, they simply believe there is a different way of doing things that will change the game. This way of thinking may seem less practical than an incremental mindset, but the trade-off is seeing past limitations that hold others back. Incremental thinking puts a limit on what you think is possible.

With an exponential mindset, anything feels possible.

It takes work to develop an exponential mindset, but if you believe you can do it, you’ve already got a head start!

Working to develop an exponential mindset gives you an edge over your competition, and it helps keep you on your toes so that you can adapt with rapid changes in your industry.

Even if you doubt any technological advances are going to swoop in and change the entire way you do business, keeping your mind open to those kinds of radical ideas keeps you ahead of the curve.

“Take a leap now to immerse yourself in the future so you’re able to get the most out of what’s coming.” (Lorenn Ruster)

Intrigued by this idea and want to develop your exponential mindset?

Watch this Webinar with Mark Bonchek where he takes you on a guided journey to shift your mindset from incremental to exponential.

One Night Only, Canadian Soprano Resurrects the Ghost of Georgina Stirling, Newfoundland’s first Opera Singer, the “Nightingale of the North”

By | Press | No Comments

Tonia Evans Cianciulli

For Release

Contact:
Wish Group
416-720-0563
tonia@wishopera.ca
www.wishgroup.ca

One Night Only, Canadian Soprano Resurrects the Ghost of Georgina Stirling, Newfoundland’s first Opera Singer, the “Nightingale of the North”.

Wish Group, a collection of Toronto based companies providing diversified services to Canadian clients, is proud to present Canadian Soprano, Tonia Evans Cianciulli. As part of Wish Group’s dedication to Canadian arts, they will be hosting an encore concert of this world renowned Soprano in Twillingate, Newfoundland on Friday August, 25TH, 7:00PM at St. Peter’s Anglican Church.

The concept for this performance grew from the legend of the late Georgina Stirling, affectionately known in Newfoundland as the “Nightingale of the North.” Georgina Ann Stirling (April 3, 1867 – April 23, 1935) was a Newfoundland opera singer, known by the stage name Marie Toulinquet. Born in Twillingate, Newfoundland, she became a world-renowned prima donna who performed in opera houses throughout Europe and the United States; she was Newfoundland’s first opera singer.

Newfoundland born Soprano, Tonia Evans Cianciulli performed her concert at two St. John’s churches this past May. In celebration of Canada’s 150th birthday and 150 years ago that Georgina Stirling was born, Reverend Joanne Mercer of St. Peter’s Anglican Church in Twillingate, reached out to request Miss Cianciulli to return to Newfoundland for a one night performance in honour of Georgina Stirling. The evenings program features not only repertoire performed by the original “Nightingale of the North” but will also provide historical interjections about Newfoundland’s musical heritage. A special feature song will be revealed during the evening written by the late Newfoundland singer/songwriter Ron Hynes.

“Tonia Evans Cianciulli’s re-creation of the presence of Georgina Stirling coupled with her formidable knowledge of her music and performing style, shines a spotlight on a person long forgotten by some, or perhaps even unknown to many. Miss Stirling’s rich contributions to life in Newfoundland, enjoys a contemporary resurrection through the professionalism and warmth of Tonia’s performance. It was and will be a treat for us all!”

Douglas Dunsmore, Gower United Church – Music Director
Faculty of Music – Memorial University, Conductor of NSO Philharmonic Choir

BIO- TONIA EVANS CIANCIULLI

Newfoundland born, Canadian Soprano, Tonia Evans Cianciulli has an extensive background and experience on the operatic stage and in classical music. Tonia has gained a reputation as well for her touching and inspiring performances at purpose driven events such as fundraisers, charity events, motivational seminars, and galas. Most recently, Tonia has performed solo concerts of operatic and cross- over repertoire at such events including: Annual Miami Ball in South Beach, MIAMI, Juvenile Diabetes Masquerade in OAKVILLE, ON, Toronto Police Chief’s Gala –Victim Services, BESTIVAL Music Festival in TORONTO, Ontario, and OMEY Projects Arts Festival in PORTUGAL. Tonia continues to tour her Nightingale of the North/Canada’s 150th Tribute concert across Newfoundland with upcoming dates this 2017 in Toronto, ON. Tonia holds a Bachelor of Voice Performance from The University of Western Ontario and continues to hone her craft in both Opera and Crossover in Miami with operatic coach, MANNY PAREZ and, Toronto with ELAINE OVERHOLT and BRIAN MCINTOSH (London). www.wisharts.ca

Know Where You’re Going, Even if You Don’t Know How to Get There

By | Wish Group | No Comments

As the CEO or leader, you need to have a clear vision of where your company is going.

You may not know exactly how you’re going to get from where you are today to your ideal future, but a vision is key to start.

I’ve talked a lot with my staff internally about Cameron Herold’s idea of A Painted Picture (now a Vivid Vision) and how important it is to visualize where the company is going to be in the next 2-5 years.

Take time right now to start visualizing the future or vision of your company, where will it be in 2-5 years?

This visualization process involves how your company is going to feel, how many employees you will have, what the culture is going to be like, and as many other details as you can imagine.

The process of visualization is widely used in sports, and as I have said before, I think of my company like a sports organization.

As the CEO or leader, you’re the coach of your organization and you need to know how to keep your employees engaged in the company vision and motivated to achieve results.

If you have your company vision, you’re one step ahead.

Often, business people are winging it and taking things one day at a time, but that’s like driving without a map.

You’ve got to have your destination (or vision) in mind, and then you’ve got to break it down into smaller goals with actionable steps.

Many people assume that management wants to see BIG goals, but they have to be believable.

Your goals should be challenging, but you’ve got to believe they are possible to achieve.

When you have your vision and your goals set out, I recommend meeting with your management team on a weekly basis and keeping a score card of how people are doing at achieving their goals.

Everyone from the CEO, to leaders to colleagues, needs to help others stay positive as they work toward the company vision.

As the CEO you’ve got to know your vision and be the company cheerleader.

Watch the full episode of Bootstrap – Know Where You’re Going, Even if You Don’t Know How to Get There for more tips on this topic, and check out other episodes of Bootstrap for more entrepreneurial insights.

 

 

Why Startups Fail

Why Startups Fail

By | Wish Group | No Comments

A global world is exciting, but it also opens up a world of competition.

There are six elements that can go wrong when you’re starting a business and cause your startup to fail.

CB Insights combed through post-mortem essays written by startup founders explaining why their business failed. The number one reason was no market need for the product or idea.

While this is important to understand, you may feel so strongly about your idea and believe it will create a need in the market once people know about it.

I am not here to tell you that you’re wrong, maybe you do have the next greatest idea to revolutionize our world. However, you need to go into business with your eyes wide open and ready to tackle the obstacles that stand in the way of success.

Create a plan for how you will tackle all six of these elements to give your startup the best chance of survival.

  1. Focus – without it, you will not lead your startup anywhere

Without passion and focus you will never get your idea off the ground.

It all starts with passion, and then you need to have a laser focus on exactly what you are working to create with your business.

Use that focus to create your business plan or model and set your startup off on the right track.

As you get your business off the ground, maintain your own focus, but don’t shut yourself off from feedback.

Listening to your customers and employees is essential to understand if you product is achieving what you set out to do and how you can continue to improve it.

  1. Money – a necessary piece of the puzzle to launch your startup

A focused business plan will help you in those tough conversations with possible investors or asking for financing from a bank.

At Wish Group, we are a self-funded company. My video series called Bootstrap provides more insights for self-funded entrepreneurs here: wishgroup.ca/BootStrap

Often, entrepreneurs are led by their passion and hope the money will follow after they get their product out into the world. Unfortunately, the money aspect is a huge factor for why startups fail.

Don’t forget to include your pricing and costing strategies in your business plan. Keep track of what is working or where you need to make adjustments.

  1. Product – a need in the market and a great product are keys to success.

Even great ideas and great products fail.

If there is no need in the market for your product, and you cannot generate a need, your startup will fail.

Sometimes great marketing is enough to get your startup off the ground to find a niche in the market or to reveal an area in the market where a similar product would fulfill a need.

Even with a need in the market, a poorly designed product or poorly executed business model can seal your fate and a ticket to failure.

  1. Team – Strategically plan your team from the start and always adjust.

Having the wrong team as you launch your startup can keep you from finding success.

I like to think of my company like a sports organization. The players you acquire during a building phase are very different from the ones you seek out to run for a championship.

Related: A Successful Company Has Asked “Who” Before “Where”

As a startup, you’re in a building phase and you need to focus on a team that is able to wear multiple hats and get things across the line.

Burn out is a very real threat for entrepreneurs and their teams. Consider this carefully and keep an eye on your team for signs of burn out.

Use these strategies to prevent burn out: Burning Out at the Beginning.

Disharmony on your team can quickly lead to your startup imploding or getting outperformed by your competition.

Work together with your team to create a company culture you can all enjoy.

Expand your team with a mentor.

Leverage your network for trusted advisors and to find a mentor who can help you move past roadblocks that your startup is bound to face.

  1. Adapt to change – the only constant in business and life is change.

As I mentioned, focus is a key element when you’re launching a startup.

Something that is important to distinguish from focus is failure to watch for changes in the market.

You may pride yourself on your focused approach to develop your product and grow your startup, but keeping your head down and ignoring feedback from customers or shifts in the market is not “focus.”

Ignoring feedback or shifts, will make you blind to the adjustments that are necessary to keep your startup afloat.

Failing to change or making a bad change are two common reasons why startups fail. Keep your eyes on the prize and be focused on where your startup is going, but don’t ignore the signs of change and keep your startup as nimble as possible.

  1. Timing and location – two cliché sayings come together: “timing is everything” and “location, location, location.”

Conducting research can help you plan the timing of your launch, but sometimes we are ready to launch a startup and we hope for the best.

Some startups will fail simply because they were ahead of their time and the market was not ready, only to have the same or similar products revolutionize the market at a later date.

Legal challenges with things like logo or product design can keep you tied up and cause you to miss a perfectly timed launch. Again, research can help you avoid some of this, and consulting with a knowledgeable lawyer before you launch your startup could help you mitigate legal risks before they drag you down.

In a global world, you might think location doesn’t matter as much, but it does.

A bad physical location can drain your monetary resources without generating foot traffic. A bad website or online presence can also hurt your chances for success.

Overall, something like 9/10 startups fail. Entrepreneurship isn’t easy and it isn’t for everyone. These are six important elements to seriously consider and plan for when beginning your venture. If some of these six elements go wrong, they can cause your startup to fail.

I am all about connecting people with their calling and helping them develop their own success.

My video series for entrepreneurs provides a lot of insights, I recommend watching them and sending in your questions so I can help you on your journey towards success.

Frank

Employee Experiences - the Difference between Good and Great Companies

Employee Experiences – the Difference between Good and Great Companies

By | Wish Group | No Comments

Working is built into our culture, but if it’s so routine, what’s the big deal about creating lasting employee experiences?

Using part of your budget to create experiences for your employees will emotionally connect them with the business, create camaraderie and unity to increase performance, embrace families and personal lives to create more respect, and inject some fun into your routine.

People remember great employee experiences, quote by Maya Angelou. “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.”

People remember experiences.

Craft Employee Experiences to Take Your Company from Good to Great

 

  1. Emotional Connection with the Business

Creating an emotional connection with your employees, and between employees is a key strategy for employee retention. People don’t wake up in the morning excited to work for a company, they are excited to work for great leaders and with great people.

  1. Friendships with Co-workers

Providing opportunities for co-workers to break down barriers and get to know each other will forge better friendships. Your workforce is made up of diverse employees, some may be more introverted while others are more extroverted. Creating experiences where people are able to interact in different ways and different settings helps break the ice.

  1. Family Friendly

For entrepreneurial work environments, it is nice to host events where families of employees can meet each other. In a start-up or entrepreneurial environment, work hours can be long or variable. Introducing families who are all going through similar obstacles of managing their work and home lives provides solidarity.

  1. Out of Your Element

Get away from the office and create an overnight experience for employees. While in-office events are good, getting out of your element and away from the office will help spark new ideas, create new or strengthen friendships of co-workers, break down silos or department roadblocks, and more.

Business organizations, no matter their size, are a group of people working collectively. The tighter they are, the better they’ll perform. So start with something small, like a company picnic and work your way up to an overnight employee experience.

Watch Bootstrap Episode 7 to learn more about using budgets to create employee experiences!

 

Frank

Failure as a Stepping Stone

By | Wish Group | No Comments

If you’ve failed at least once, you’re probably on the path to success. Most of us assume that success comes easily to a few lucky people, but it doesn’t. Lasting success is not easy. As an entrepreneur, you need to be ready to accept some failure along the way. Sometimes experiencing failure is the fastest way to learn how to improve.

Throughout my life I have typically seen two kinds of people, those who accept failure as part of the ride and those who avoid failure at all cost. The people who accept failure as part of life are able to learn from it, and those who avoid failure at all cost let it devastate them when it happens.

If you’re the type of person who avoids failure at all cost, entrepreneurship or leadership may not be the best path for you. If you are determined to move forward as an entrepreneur, you will need to learn how to accept stress and failure as part of life, and you will want to spend your energy learning how to move past failures with multiple plans.

You can learn to use failure as a stepping stone, or you can carry it around and let it weigh you down, the choice is yours.

Failure as a Stepping Stone

Learn to Embrace Failure

When the going gets tough, I encourage my team to see past the hardship of failure to find the lessons we can learn from it. If we gave up every time we failed, we would never have learned how to walk or talk. Babies are a great example of never giving up! They have incredible persistence and willingness to learn. While a fall might hurt us right away, what will hurt us in the long run is never getting up again.

Ask the Right Questions

It is human tendency to point fingers and play the blame game when something goes wrong. Effective leaders know that a time of failure is not the right time to blame someone, but to ask questions. “How did we get here?” “What went wrong?” and another effective question to ask would be: “What can we do to make this right?” These questions can be difficult to ask when you’re under extreme stress, but it is important to learn and evolve as a team when something goes wrong so that you can prevent it from happening again.

Grieve if You Need to

If you feel like you have failed at something, it can be a blow to your confidence. I don’t expect you to be able to move on immediately and learn from every failure you experience. However, some failures will seem harder than others. If you have failed at something and it makes you angry or sad or frustrated or any other emotion, allow yourself some time to reflect on why this particular failure has hit you so hard. Get your negative emotions out of the way so that you can move forward, and remember that “failure is something that happens, not something you are” (Patrick Allan, lifehacker.com).

Failure as a Stepping Stone

Change Your Definition of Failure

Why let the idea of failing hold you back when it can liberate your creativity and teach you lessons along the way. We have attached so much negativity to the word “failure” that we become afraid to try new things and challenge ourselves. Behind every great invention, there are millions of failures. Churchill believed that failure was part of the process and said, “Success is going from failure to failure with no loss of enthusiasm.” Believe in this idea and change your definition, welcome failure with open arms because it means you are trying something new and making waves. One epic failure could lead you to your next greatest success, but how will you know if you never try?

Failure as a Stepping Stone

Failure isn’t the end, and it’s not a bad thing when you can learn from it. Learning from failure turns it into your stepping stone towards success.

Frank