This week, I celebrate my 65th birthday and was challenged to reflect on and share some lessons Iâ ve learned. In doing so, I certainly donâ t presume I have in any way arrived. I plan to keep learning, growing and changing -- hopefully for the better.
In the process of starting and running nine businesses, Iâ ve made many mistakes, Iâ ve done some things right and Iâ ve learned a lot. Listed below are seven key lessons I wish Iâ d grasped years ago. I trust they will provide some useful insights.
1. Relationships are priceless. Treasure and honor them. Money may come and go, and though itâ s an important and essential aspect of life, money alone wonâ t bring lasting fulfillment. Meaningful relationships will.
As my children grew up and left the nest, I encouraged them to seek out and surround themselves with supportive friends they enjoyed and respected. â Make this a priority,â I urged them. â You will need these friends and they will need you. Be there for them, give more than you get and, when you have a need, theyâ ll be there for you.â
Looking Looking::
life. And many years from now, that is what you will be look think about the many lessons Ive learned from the. patients Ive cared for as theyve died.
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Mothers of invention - The Boston Globe::
Hokey but true: Six entrepreneurs learn life lessons from their moms. Hong Kong with her mother and five of her seven siblings after their father died.
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2. Take time out often to reflect -- just to think. In our busy, fast-paced lives itâ s easy to postpone or neglect taking time to step back and reflect on the big picture or even the situation at hand. Itâ s tempting to push ahead, doing whatever it takes to make the business succeed, sometimes without stopping to define exactly what â successâ means to us.
Looking back, I see that during hectic, stressful times, I often made poor decisions. Taking time to step back, analyze the situation, consider all possible options and their potential consequences could have led to wiser choices. Think about what you really want in life. Write out your personal definition of â success.â
3. Failure isnâ t fatal. Itâ s a reminder that weâ re human and an opportunity to learn. We all makes mistakes. We do and say things we regret. Itâ s far better to take a reasonable risk and fail, than never step outside your comfort zone. When I blow it, I follow three rules:
â ˘ Look objectively at what happened and what I can learn from it. Then, make changes to avoid repeating it.
â ˘ List all the positives -- you can always find some.
â ˘ Allow no beating myself up with negative self-talk.
4. Know and be true to yourself. Understand your strengths and weaknesses. Focus on further improving your strengths and compensate for your weaknesses. Be clear about what is and isnâ t important to you. Identify your core values and commit to never compromising these.
5. Keep on learning. Education doesnâ t finish when we graduate from college. Continue learning: read books, listen to CDs and seek out and spend time with others you can learn from. Develop a curious, questioning mind. I didnâ t attend high school or college -- I started a business -- but I love to learn.
6. Life isnâ t fair. Sometimes bad things happen to good people. In life and in business, everything doesnâ t always go according to plan -- itâ s a journey over mountaintops, through valleys, and across flatlands and gentle hills. None are permanent and, when youâ re walking through a valley, thatâ s good to remember. Iâ ve also found a healthy sense of humor to be a great remedy in tough times. Learn to laugh a lot!
7. Be quick to forgive, even if you need to forgive someone a hundred times a day. In business and in life, people hurt people. Decide to never hold a grudge. Remember to forgive yourself too!
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Business and Life Lessons Learned Looking Back: Seven Key Lessons