Thursday, February 26, 2009

Topic of the Day: Failure

Out of all the clips in the Prendismo collection, the ones that discuss failure are some of my favorites. While I am in awe of (and sometimes amused by) the mistakes from which various entrepreneurs have learned and recovered, I am also encouraged and inspired to become better at my own personal risk taking and realize that falling on my face isn't the end of the world.

In thinking about which clips to choose, I reflected on a quote from Colin Powell, “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”

In light of that, I’ve selected two clips to showcase. The first clip is of PepsiCo CEO, Indra Nooyi who states, “If you don't make mistakes...if you don't have'll never learn.”

The second clip I chose is of Matt Russo, Managing Director at Northwestern Mutual Financial Network. I love this clip because he shares a real story illustrating that even in the darkest hour, he still tries to remain positive. This persistence, optimism AND ability to learn from his failures are undoubtedly what enabled him to be the successful entrepreneur he is today.

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