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Leadership: Principle 4 – Die By Your Own Sword
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In Work as in Life, I Live by Four Simple Principles.

These principles keep me on course and facilitate every business and social interaction I have. This last principle in the series is explained below.

Principle 4: Die By Your Own Sword
Fight for your ideas. If you are committed to your idea after diligent work and research, pursue it. Your banker/business associate/supervisor may have spent an hour listening to your presentation. And you have spent three months working on it. If you’re right and you give in or give up, you’ll regret it forever. Whether you do it their way or yours, or give up the idea, you are held responsible anyway – so what have you got to lose? You’ll have more conviction and understanding following through on what you have spent months developing than on the quick detour that your banker/business associate/supervisor just threw in.

Explain your position, incorporate the aspects of other people’s ideas which are sound and proceed from there. If the project was to fail, wouldn’t you rather get in trouble for something you did than for something someone else suggested you do?

To live by these guidelines requires integrity, courage and collaboration. It’s how I run my business and it’s how I run my life. It works.

If you missed my preview posts, get caught up here:
Principle 1: Tell the Truth
Principle 2: Make Partners
Principle 3: Make Big Mistakes

Marilyn Tam, Guest Blogger
View more posts by SCORE’s Guest Bloggers

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Leadership: Principle 3 – Make Big Mistakes
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In Work as in Life, I Live by Four Simple Principles.

These principles keep me on course and facilitate every business and social interaction I have. This week’s principle is below.

Principle 3: Make Big Mistakes
Small mistakes are the thoughtless things we all do when we’re not paying attention. They are a waste of time and resources, and are neither instructive nor constructive.

On the other hand, big, planned, highly organized mistakes are valuable. They usually turn out to be productive in the end. Big mistakes are sometimes the result when you take calculated risks. Making big mistakes is the occasional byproduct of making big strides.

Big mistakes can only occur when you’ve planned and thought things through. You would have prepared contingencies in case your current strategy doesn’t work. If your carefully laid plan turns out to be a mistake, it may cost you. But it will also give you exactly the information you need to modify your strategy or change your course. You learn, you adjust, and you come back with a stronger, more impactful approach that works. In the long run, big mistakes are the best feedback we ever get. The most successful people in life are those who make the best use of their mistakes.

If you missed my preview posts, get caught up here:
Principle 1: Tell the Truth
Principle 2: Make Partners 

Marilyn Tam, Guest Blogger
View more posts by SCORE’s Guest Bloggers

Comment