Great leaders often have great lessons to share. Their stories remind us that in business especially that failure is not avoidable and that success in any endeavor is a choice.
While we cannot control all our circumstances, what we can control is our response. And that's what makes a leader great: his or her decision to take responsibility in the midst of chaos.
The following quotes are from four of the most influential people from the past and present. Below each quote is my feedback on how I've learned from these quotes in my own life, and how they can help you with yours.
1. Be confident in who you are.
It can be easy to look at a successful entrepreneur and think to yourself, "I bet things come easy to them" or "They were just lucky." But after spending time with successful men and women I've learned that many of them were once broke, bankrupt and on the edge at one point in their life -- myself included.
What separates these people is their decision to not allow their financial situations to dictate their emotions, define their worth or give them a sense of superiority over others. These people know that money can be easily lost and easily made. The only thing that really matters is learning how to create and offer value.
Once you learn how to create value in your market, you can shift your feelings of security from what you have to who you are.
2. Think independently.
Read that quote again. It's the secret behind the biggest breakthroughs in innovation.
Innovation is not achieved by imitating the success of others. It's achieved by great leaders who choose to risk failure and ridicule in order to create something completely new.
3. Know when to move on.
As entrepreneurs we've learned to fight for what we want, and hate losing. But not every fight is worth your time. The trick is to always remember the big picture and to not allow your ego to get in the way of being productive.
I've learned that there's a big difference between perseverance and stubbornness. Stubbornness involves me forcing things to work, while perseverance requires me to work consistently with what's already working. Some of the best decisions I made Was not allowing my emotions get in the way !
4. Pursue excellence, not fame.
I know a number of people who have experienced overnight success with a product or startup, but allowed their success to fool them into thinking they were special. They neglected the critical business feedback they received from their partners and clients.
Once an entrepreneur stops growing, learning and being open to feedback, it can spell the end of his or her business.
Unfortunately, some entrepreneurs need to "lose it all" before they learn this lesson.
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