
If you want to find success in various ramifications, be it in business or personal relationship, don't punish yourself or others for mistakes, or blunders, or failures, instead encourage yourself.
Kim Woo-Choong, founder and chairman of Daewoo, said, "One of my employee went to a casino and lost $10, 000 of the company's money which would certainly get him fired by a normal manager. I didn't fire him, but paid the money back to the company myself and gave him a second chance."
"Why didn't you fire me?" the employee asked.
"I've just spent $10, 000 educating you. If you have the confidence to beat a casino dealer, then I want you to use it to create business."
Use your failures to create success. You can only advance in life or business if you use your failure. People fail in life and business because they are ashamed of there mistakes, blunders, and failures-they hide it, ignore it, and cover it up by drinking, using drugs, and loads of irrelevant pastimes.
Things happen: people get fired, hearts get broken, marriages collapse, businesses crumble, fights take place, what really counts is "Will you punish yourself or encourage yourself?"
Like an expert said, "Those who seem to sail through life handle things quietly as they come up, while those who lurch from crisis to crisis flail about, make a lot of noise and expert somebody else to rescue them. They become victims of their fate, instead of masters of their domains."
When you fail, make mistakes or suffer disappointment, smile first, analyze next (perhaps you could write it down, discuss it with someone knowledgeable, research it, or just have patience until something comes up), then move ahead with your life.
The successful and happiest people on earth are those who are not frustrated by situations. It is just life, so never punish yourself or others for failures.
Bright Johnson, a money writer and researcher, is the publisher of http://www.superriches.com
AP - Israeli jets and helicopters bombarded Gaza early Friday and Hamas fired a barrage of rockets into southern Israel, indicating there may be no quick end to the fighting despite a U.N. resolution calling for an immediate cease-fire.
AP - Gov. Rod Blagojevich faces almost certain impeachment by the Illinois House, a historic step that would trigger a trial to determine whether the Democratic governor should be tossed out of office.
AP - Lawmakers are under orders to finish action on President-elect Barack Obama's nearly $800 billion economic recovery plan by mid-February. But already it is plain that a set of serious fissures need to be bridged if the bill is to be completed within five weeks.
AP - Democrats are ushering in what they believe will be a new labor-friendly era in Washington with House votes on two bills aimed at helping women fight pay discrimination in the workplace.
AP - Trying to survive a deepening recession, employers are cutting their work forces to the bone, leaving more Americans unemployed and with dim prospects of finding a new job any time soon.
AP - Millions of tons of toxic coal ash is piling up in power plant ponds in 32 states, a practice the federal government has long recognized as a risk to human health and the environment but has left unregulated.
AP - President-elect Barack Obama is completing his national security team by announcing his unusual choices for CIA director and a national intelligence director who may face tough Senate confirmation questioning over how he confronted the Indonesian military when civilian massacres were occurring in East Timor.
AP - Just minutes after George W. Bush took the oath of office eight years ago, he signed papers formally nominating 13 Cabinet-level officials. Several hours later, the Senate, meeting in a special Saturday session, confirmed seven Cabinet secretaries, including the heads of the key posts at State, Treasury and Defense.
AP - Tim Tebow enjoyed the battering-ram runs. He liked the old-school jump pass. Drawing a rare penalty, that really made Tebow's day. With No. 1 Florida about to finish off No. 2 Oklahoma 24-14 for the BCS championship Thursday night, Tebow was flagged for unsportsmanlike conduct.
Reuters - U.S. employers probably cut the most jobs in at least 34 years last month as the global economic crisis gathered pace and moves by policy makers took time to filter through to struggling companies.
Reuters - Israel pushed ahead with its two-week-old offensive in the Gaza Strip, ignoring a U.N. Security Council resolution calling for an immediate ceasefire.
Reuters - Europe sought a swift restoration of gas supplies on Friday after striking a deal with Moscow on monitoring gas shipments via Ukraine that have been halted by a pricing dispute with Kiev.
Reuters - Financial giant Citigroup Inc will support a proposal in Congress to rewrite U.S. bankruptcy law to help troubled mortgage borrowers avoid foreclosure, Chief Executive Vikram Pandit said on Thursday.
Reuters - A legislative committee on Thursday recommended the impeachment of Illinois Gov. Rod Blagojevich, citing widespread abuse of power including allegations he tried to sell the U.S. Senate seat vacated by President-elect Barack Obama.
Reuters - President-elect Barack Obama's economic team is urgently overhauling the $700 billion financial rescue package to broaden its scope beyond Wall Street, The Washington Post reported on Friday.
Reuters - An analysis of proposals to overhaul U.S. health care by President-elect Barack Obama and members of Congress suggests it is possible to insure all Americans without significantly raising total health spending.
AFP - Israel and Hamas launched heavy air strikes and rocket attacks on each other Friday, ignoring a UN Security Council order on the warring rivals to end their conflict.
AFP - The European Union demanded Friday that Russian gas supplies to Europe resume immediately now that details of a mission to monitor the flow through Ukrainian pipelines have been agreed.
If you are a department, division or subsidiary manager, your budget is... Read More
Let me tell you a secret.Things don't always go the way we... Read More
What really amazes me, with all the personal and professional development seminars... Read More
Women have made tremendous contributions to society at every level; consider Joan... Read More
Geshe Michael Roach is a Princeton graduate and a Buddhist monk. After... Read More
With thanks to Jeff Foxworthy, the comedian who does the "You might... Read More
There's a common phrase used by Organizational Development and Human Resource professionals,... Read More
It is clear that good Corporate Governance is in the best interests... Read More
Introducing a learning culture into organisations can be difficult at times, particularly... Read More
Shaky FoundationsWhilst over 60% of businesses will be looking to implement some... Read More
Top businesses that continually lead their industry clearly understand a simple fact:People... Read More
I personally struggle with the term 'managing people' - because I firmly... Read More
Employers pay a high price for absenteeism, often more than they may... Read More
Globalisation, the expansion of intercontinental trade, technological advances and the increase in... Read More
Employee motivation is probably the most important single manageable factor for success... Read More
The title of this article sounds like simple advice, but so often... Read More
Each year many people create a list of resolutions designed to help... Read More
Howard Dean's tenure as chairman of the Democratic National Committee will be... Read More
Here's a brief story I encountered while leaving Newark International Airport following... Read More
Creativity can be defined as problem identification and idea generation whilst innovation... Read More
"To get something done a meeting should consist of no more than... Read More
If you were to take the people out of an organisation you... Read More
What principles should a company keep in mind when developing a mission... Read More
Innovation is different and distinct from creativity in that it is idea... Read More
This is a bottom-line environment.Decreasing the downtime of revenue producing employees is... Read More
If you're like most people, you probably started with wonderful ideas of... Read More
Imagine that you open a meeting by saying, "We need to talk... Read More
Swiftness is the key to collecting past due commercial accounts because commercial... Read More
I've seen several articles that begin with lines like "the only constant... Read More
How can you make the best use of your energy to increase... Read More
When economic conditions turn tough or when the heavy work load seems... Read More
In our experience, we have found that there are several reasons managers... Read More
You're the boss, and you have every reason to feel good about... Read More
Today, companies have an ever-expanding list of options available to them when... Read More
The other day one of our overseas clients called in a state... Read More
Recently, I felt appalled to see a political candidate running on the... Read More
The perpetrators of the recent spate of financial frauds in the USA... Read More
You can use this step-by-step method to hire applicants who are likely... Read More
Second thought! Just in case. YOU or someone you personally know may... Read More
Hiring good people is only half the battle. The other half is... Read More
In today's tough retail environment the retailer needs all the tools he... Read More
STEPS TOWARDS A GOOD APPRAISAL INTERVIEW:Don't say: "You just don't seem to... Read More
As you look around your office, is everyone just like you? Probably... Read More
A study a couple of years ago found that 63% of executives... Read More
Creativity can be defined as problem identification and idea generation whilst innovation... Read More
KEEP WRITTEN RECORDS: "Document !Document! Document!" Keep a record of periodic performance... Read More
Outsourcing is when you hire outside professionals or services to take on... Read More
Somewhere in the world is a person who wants to see their... Read More
Can Project Managers prevent projects from slipping?Ask a techie to come up... Read More
Test your assumptions about everything.Assumptions have a way of creeping into all... Read More
Most firms have intelligent, capable, knowledgeable managers who are very good at... Read More
Jack Welch joined a conference that was held in Duke Fuquay Business... Read More
Since the beginning of the industrial era our world has been facing... Read More
When you are acclaimed for excellence during times of crisis you may... Read More
Todays business environment has changed drastically from just a few years back.... Read More
One of my earliest childhood memories is watching Lew Alcindor (Kareem Abdul-Jabbar)... Read More
Organizations live and die by results. Yet most organizations get a fraction... Read More
Nothing has changed. Your ancestors lived by faith. Some planted crops and... Read More
Imagine that you're a sports coach and you need a new player... Read More
How Companies Are Like FamiliesLike a family, a company is a group... Read More
Are you ready to raise money for your startup?Leslie Mitts, Managing Practice... Read More
Creativity can be defined as problem identification and idea generation whilst innovation... Read More
Creativity can be defined as problem identification and idea generation whilst innovation... Read More
When the typical new business operator starts a business, they concentrate on... Read More
Bad news.Your senior vice-president, your marketing director or your accounting department head... Read More
Firing, sacking, letting go or terminating people is unpleasant. There are ways... Read More
Virtually any type of organizational change involves role transitions of some type.... Read More
Whether you run your own business or manage a team, there are... Read More
A few weeks ago, a couple of colleagues and I discussed a... Read More
When you know you need to shift up a gear, in any... Read More
All of us have knowledge, expertise, and experience that others can benefit... Read More
PERMISSION TO REPUBLISH: This article may be republished in newsletters and on... Read More
It can be concluded with great certainty that certain organizational cultures inhibit... Read More
The most difficult part of creating a Security Policy for your business... Read More
Today's successful organizations are the ones which carry on open and honest... Read More
The other day someone asked me for one of my informational brochures.... Read More
Positive versus Negative WorkplacesWe have all worked in places where we grew... Read More
FEAR! To what extent does fear rule your life? How is fear... Read More
For your people, they want to do a great job - no,... Read More
Once upon a time there lived an innocent, hardworking manager. One day... Read More
Human beings and the way they interact are extraordinarily Complex. Deming tried... Read More
In a previous life I was a Navy Pilot. Great life, great... Read More
ACCOUNTING AND BILLINGCHECK BOOKSWe recommend that you maintain a business checking account... Read More
Bad meetings are a cultural malady that senior executives pass on to... Read More
Do you want to measure your workers' level of satisfaction? Or change... Read More
Interest in the field of human resources has exploded in recent years... Read More
This article relates to the Manager/Supervisor competency, commonly evaluated in employee satisfaction... Read More
What is the Process Approach to Quality?The ISO 9001 2000 standard is... Read More
If Baby Boomers can get botox and tummy tucks, then why don't... Read More
We all attend many meetings. I'm sure you have been to some... Read More
Ineffective communication is a major, yet avoidable, obstacle to business productivity. And... Read More
Many kinds of interferences or disturbances can confuse a message. Communication specialists... Read More
A series of articles exploring the seven critical areas that can indicate... Read More
The game of chess has been applauded and taught in business school... Read More
Business Management Business Management |