News From LBD
June 2010 Vol 2 Issue 6
5 Good Things About Failure

    You probably know that Babe Ruth held the career home run record for decades, but did you know that he also held the record for the most strike outs? He was known to say,"Every strike brings me closer to the next home run." Wise words from a fearless man. How often do you let the fear of "striking out" get in your way? Whether you're picking up the phone to call a brand new prospect or putting the finishing touches on your next proposal, how does fear of failure affect you? Here are 5 good things about failing: 
1.  If you're failing, at least you're working. You can use failure as a measure toward success. Don't be discouraged when you are told "no." For each "no" response that you get you are that much closer to a "yes." What do you do when you get a "no?"
2. If you're failing, you should be learning. View every failure as a learning opportunity. When you do get a "no" response think about what was said and what could help you do better next time. How are you learning from your failures?
 3. If you're failing, there's help for the asking. There's always room for improvement in whatever you do. Failing to achieve a goal is a great time to reach out to a friend, mentor, colleague, or coach to share that failure; ask some questions, express those fears, seek out best practices. When is the last time you reached out for help when you failed?
4. Failure can make you look good. Yes, I said it; failure can make you look good! How? Because it makes you look human. People respond to humanity. People want to help. If they see or sense your struggles or fears, they'll do the best they can to alleviate them for you ... if you reciprocate and do the same for others. When is the last time you spied a fear and took action to help someone through it?
 5. Failure creates winners. There are countless stories of people who have overcome adversity to rise above and win against all odds. What makes their stories so compelling is their persistence and perseverance ... their ability to let nothing get in their way when they have a goal in sight. 
           Are you prepared to fail in order to succeed?
What Leaders are Reading

The Leadership Challenge by James Kouzes and Barry Posner - This book is based upon learnings from leaders at all levels--and shows how "regular people" can make a huge, positive difference in their organizations. It is written in a way that can help executives, mid-managers, first-line supervisors, project leaders--and even individual contributors--better understand how they can lead--and be able to immediately apply what they have learned in their work.

The Practice of Management by Peter Drucker - The late Peter F. Drucker is the most influential management thinker of the 20th Century. This book was first published in 1955 and consists of five parts plus a proper introduction and conclusion. Drucker, in the Preface, explains that the first aim of this book "is to narrow the gap between what can be done and what is being done, between the leaders in management and the average."
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Be Optimistic!

A 29 year Yale study concluded that an optimistic attitude is more important to health than blood pressure, cholesterol level, smoking or obesity. It also found that with an optimistic attitude, you live on average 7.5 years longer. Optimism is not a goofy, naive, over-dreaming perspective. It is choosing to be forward moving regardless of setbacks. It's choosing to be free of unnecessary anxiety and frustration. It is accepting the fact of where you are, but never letting go of the mental perspective ... "I will prevail." The remarkable thing is that you have a choice every single day to manage it or let it be mismanaged.

John Branstad
John Branstad


I do not choose to be a common man.
It is my right to be uncommon...if I can.
I seek opportunity...not security.
I want to take the calculated risk, to dream, to build, to fail, to succeed.
It is my heritage to think and act for myself, enjoy the benefit of my blessings, and to face the world boldly and say, "with God's help, this I have done."


John Branstad