Autopsy of a Failed Business

Can business success lead to business failure?

Yes. I’ve allowed it to happen.

Five years removed from my time at one business, I had time to do an autopsy. Here is what I learned.

Failed Business Autopsy - Toe Tag

A few months ago, Chris LoCurto posted about what he calls the clarify paradox. The question he asked is:

Why don’t successful people and organizations automatically become very successful?

He then presented four stages which moderately successful business often go through:

Phase 1: When we really have clarity of purpose, it leads to success.
Phase 2: When we have success, it leads to more options and opportunities.
Phase 3: When we have increased options and opportunities, it leads to diffused efforts.
Phase 4: Diffused efforts undermine the very clarity that led to our success in the first place.

One Day at a Time

What are you dwelling on?

I recently wrote a post on Chris LoCurto’s blog entitled, the Leader’s Prayer, my take on the Serenity Prayer for leaders. Part of the prayer calls for “Living one day at a time…”

But what does living one day at a time look like?

One Day at a Time - Living in the Present

We choose to live in one of three time periods: the past, the present, or the future. Living one day at a time means living in the present.

Dwelling on the Past

When you dwell on the past, you are saying, “There I am…still.” You are effectively relinquishing control of your present, binding yourself to the past.

Your thoughts will center on words like:

“If I only had done that.”

“Why did I do that?”

“How did I end up here?”

Those last two questions are not inherently evil actually. More on that shortly.

The Leader’s Prayer

God, grant me the serenity… Those are famous words from the Serenity Prayer by Reinhold Niebuhr. I was praying this prayer a few days ago and halfway through it hit me that this prayer was made for leaders. So I rewrote it and out came the “Leader’s Prayer for Serenity.” Yesterday, I had the privilege of guest posting at Chris LoCurto’s […]

Forgetting Self Entirely

True leadership, at work and at home, is about forgetting self. I read an article recently on the Harvard Business Review entitled To Succeed, Forget Self-Esteem. A portion of the article stated: A growing body of research, including new studies by Berkeley’s Juliana Breines and Serena Chen, suggest that self-compassion, rather than self-esteem, may be the key to unlocking […]