SO MUCH OF SUCCESSFUL ENTREPRENEURSHIP is learning to lead yourself. It requires some luck, but more than anything it means always pressing forward and a good dose of creativity especially when things don’t look good.
It’s not surprising then that Anthony Scaramucci’s book, Hopping Over The Rabbit Hole: How Entrepreneurs Turn Failure Into Success is not just an important read for would-be entrepreneurs but anyone who looking move through life in a forward direction.
Scaramucci is the founder of SkyBridge Capital, a global investment firm with around $12 billion in assets. The firm also produces the annual SkyBridge Alternatives (“SALT”) Conference, a premier global investment and thought leadership forum. But his road to success has not been without a number of failures and near-misses. And he shares many of them to our benefit. He points out that SkyBridge’s success was ultimately defined by “our ability to learn from mistakes and turn failures into success.”
He writes: “I’m a firm believer in the idea that you’re either moving forward or backward. You’re either growing in confidence or swelling with hubris. The moment you become complacent is the moment you lose your edge. There is always somebody working harder than you, and there are always copycats ready to take the model you’ve built and make it better.”
So “we need to put our egos on the floor, get outside of our comfort zones, and push ourselves, while maintaining some level of gracious audacity.”
Life and business bring with it regrets. But we can learn from them or let them hold us back. The danger is to look for to blame and not taking responsibility for your outcomes.
By Daniel Goleman
A primary task of leadership is to direct attention.To do so, leaders must learn to focus their own attention. When we speak about being focused, we commonly mean thinking about one thing while filtering out distractions. But a wealth of recent research in neuroscience shows that we focus in many ways, for different purposes, drawing on different neural pathways—some of which work in concert, while others tend to stand in opposition.
Grouping these modes of attention into three broad buckets—focusing on yourself, focusing on others, and focusing on the wider world—sheds new light on the practice of many essential leadership skills. Focusing inward and focusing constructively on others helps leaders cultivate the primary elements of emotional intelligence. A fuller understanding of how they focus on the wider world can improve their ability to devise strategy, innovate, and manage organizations.
Every leader needs to cultivate this triad of awareness, in abundance and in the proper balance, because a failure to focus inward leaves you rudderless, a failure to focus on others renders you clueless, and a failure to focus outward may leave you blindsided.
Focusing on Yourself
Emotional intelligence begins with self-awareness—getting in touch with your inner voice. Leaders who heed their inner voices can draw on more resources to make better decisions and connect with their authentic selves. But what does that entail? A look at how people focus inward can make this abstract concept more concrete.
I love the month of December. It’s one of my favorite times each year, because people are encouraged to be generous and kind, and spend time investing in their most important relationships. I look forward to being with my family, sharing old memories and making new ones. I look forward to celebrating the victories of the year with my different teams. December is the month that ties up the whole year.
That’s why I’ve always used the last week in December as a time of reflection. Every year I set aside that time to go back over my calendar and review my year. I look at every day in my calendar and evaluate it. What was the main thing I scheduled that day? What turned out to be the main thing that day? What deserved more of my time? What deserved less?
It’s a habit I’ve developed over the years, and it’s one of the biggest in terms of setting me up for success. That’s because reflection is one of the keys to growth. You’ve heard the old saying, “Those who don’t learn from history are condemned to repeat it.” That applies to more than just schoolwork and world events. It applies to your personal history as well.
That’s why, for the last few weeks in December, I want to share with you three key areas for your own reflection. You may not have the time to spend an entire week going over your calendar – though I recommend it if you can – and even if you did, you might not know where to start. So I want to give you three areas in your life that you can look back on for 2016, in order to determine where you grew, where you need to grow, and how you can capitalize on both moving into 2017.
What if you could measure yourself in the areas that matter most? What if you could get an overall score for your life, gain a newfound sense of control, and create the life you want?
My new and improved LifeScore™ Assessment will show you how.
I designed this tool with one goal in mind: to help you identify a baseline of health in all the major domains of your life. That way you can improve any area that’s lagging and experience a richer, more rewarding life—no matter what’s going on in the world around you.
Hailed as “the conscience of the food movement” by Time Magazine, Gene has spent nearly three decades traversing the country and campaigning to raise awareness about the abuses of factory farming and our current food system. As one of the pioneers in the field of undercover investigations, Gene has documented and exposed the deplorable conditions of hundreds of farms, stockyards and slaughterhouses. He has also stood before local, state and federal courts, advocating for better conditions for farm animals, and helping to introduce the first U.S. laws to prohibit cruel farming confinement methods in Florida, Arizona and California.
But it’s not just the animal agriculture industry that Gene is changing; it’s the way society views and interacts with animals.
In a world where the average employee sends and receives 122 emails per day and attends an average of 62 meetings per month, your boss or HR leadership simply doesn’t have the time or bandwidth to properly think through how best to deploy your talents moving forward. Instead, we […]
Perhaps no single factor has a greater impact on a company’s future — for better or worse — than the selection of a new CEO. Choosing a CEO is a high-stakes proposition, arguably the most important decision a board can make. While some situations demand outside successors — such […]
“Until you ‘figure out what success means’ to you personally and to your organisation, leadership is an almost ‘pointless conversation’, Drucker Admonished, Success Built to Last Effective leadership requires a clear definition of success. Every morning you’re faced with a myriad of things to get done, all competing for […]
Guest post by James E. Lukaszewski One of the most common weaknesses I see in crisis response is the lack of specific roles and assignments for top management. The result of this gap in crisis management is mismanagement, lack of management, or paralysis that afflicts leaders as they try […]
Nancy Duarte has published her latest book, Illuminate , with coauthor Patti Sanchez. Duarte is also the author of the HBR Guide to Persuasive Presentations , as well as two award-winning books on the art of presenting, Slide:ology and Resonate . Her team at Duarte, Inc. , has created […]