Diversity MBA Magazine - Fall 2008 - (Page 62)

Fail to Succeed by Peter Nguyen Failure. It’s probably one of our biggest fears and what most of us try all our lives to avoid. It’s not so much the event itself, but more so the sting and disgrace when it does happen. But who said temporary pain is always bad? In fact, what doesn’t kill you makes your stronger, or at least that’s what “they” say. What most people don’t realize is the bittersweet secret of failure may keep them from becoming truly successful. If it were not for failure, we would rarely see great success. Most people simply aren’t lucky enough to get it right the first time out. Even though success-related books fill the business bestseller lists, very little is ever mentioned about failure. It’s understandable to a degree; failure doesn’t make for inspirational conversation pieces. With firing announcements in the U.S. increased to 103,312 in July, up 141% from July 2007, corporate America is worried about its jobs. Sometimes it takes a closed door for people to finally get uncomfortable enough to take a chance. Albert Einstein once said, “You cannot solve a problem with the same level of thinking that created it.” Failure can wake you up to solving new problems by giving you a new level of thinking. Why People Don’t Succeed Fear is one of the strongest emotions. Most people will stay in their comfortable job, dictated by the fear of failure. And while they might be sitting on the next big idea, their chance of failure, even if it was a calculated risk, will often keep them from making their dream see any glimpse of reality. The limiting belief of being failure-free not only keeps us from failing, but keeps us from succeeding. I have not failed. I’ve found 10,000 ways that won’t work. – Thomas Edison Once we understand that we are totally responsible for our own actions 62 w w w. d ive r s it y mb a ma g a z in e. c o m http://www.diversitymbamagazine.com

Table of Contents Feed for the Digital Edition of Diversity MBA Magazine - Fall 2008

Diversity MBA Magazine - Fall 2008 Contents Letters to the Editor In Your Own Hands Editor's View Business Briefs Off the Shelf Diversity MBA 2008 Awards Gala and Leadership Forum "Diversity Next Practices" Illusion of Inclusion Good Is Not Enough Revisiting Your Personal Brand Discover Your Power Voice Authentic Leadership In An Ever-Changing Marketplace Stopping the Brain Drain: How Companies Can Keep Talented People of Color Corporate Succession Planning - How Do You Fit In? How To Manage Virtual Teams Beyond Demographics Recruit, Recognize, Retain, Reinvest – Winning the Talent Acquisition Game Leave Ego at the Door Modernizing Supplier Diversity Taking the Leadership High Road… When You Can Find It Think Boardroom Bound; It’s Happening Who's Who In Diversity Fail to Succeed 4-Star Start-Up, Chris Ward: Character Above All Get Them at Hello – Tips to Improve Your Marketing Kit Sonny Vu, Entrepreneur A World at Your Fingertips Big Brother Wants Your Bank Account Stepping Off The Corporate Ladder HR Focus with Monica Ross A Unique New England Vacation Bold Caballeros y Noble Bandidas Women of Color and Cancer: The Chicago Phenomenon Being Single Isn't Easy International MBAs Flock To U.S. Schools Smart Strategy Gadgets+Gizmos Advertiser's Index

Diversity MBA Magazine - Fall 2008

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