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Larry A. Bonorato

Did You Fail? Or, Did You Lose? Morning Minute 11.6.26


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3 real life experiences that reveal winning isn't always success; and losing isn't always failure.

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Morning Minute 11.6.26

Did You Fail—or Did You Lose? Three real-life experiences that reveal why winning isn't always success—and losing isn't always failure.

Failure and loss are closely related, but they're not the same.

Both can be painful, disappointing, and life-changing. Yet, they differ in what causes them, what we can control, and what we can learn.

​Failure occurs when our efforts fall short of the desired result. It challenges us to examine our decisions, preparation, and actions.

​Loss occurs when something we value is taken away or is no longer available. It challenges us to accept, adapt, and move forward.

Consider three experiences that illustrate these differences.

1. Losing a Sale, Gaining a Lesson

As a young automobile salesperson, I spoke by phone with an out-of-town father purchasing a vehicle for his son.

Eager to make the sale, I allowed my enthusiasm to influence how I described the vehicle. I exaggerated rather than telling the complete truth.

I lost the sale and the customer, but gained a lesson I've never forgotten.

Enthusiasm may help make a sale, but honesty builds the trust necessary for lasting relationships and continuous success.​

2. Losing Vehicles, Preserving Relationships

During Hurricane Hugo, Enterprise lost its entire fleet of vehicles in the affected area.

The area supervisor couldn't control the storm, but she could control her response.

She maintained direct communication with dealer clients, provided timely updates, and explained how they could assist their customers and one another despite the devastation.

We cannot always control what we lose, but we can influence what we preserve.

3. Gaining Sales, Losing Respect

During a busy lunch rush at a Charlotte restaurant, the company president misrepresented a menu item to customers.

Sales increased substantially.

But employees who witnessed his actions lost respect for their leader.

He achieved his financial objective while sacrificing something far more difficult to replace—his credibility.

Sometimes we achieve what we want while losing what matters most.

So, what's the greater danger—experiencing failure or loss, or failing to learn from either?

Consider three distinctions:

​Failure asks us to examine our actions.

​Loss asks us to examine what we value.

​Both ask us to examine who we are becoming.

Success doesn't always mean we did the right thing.

Failure doesn't always mean we did everything wrong.

Keep Learning. Keep Leading.

And remember: Information without transformation is wasted energy.

That is your Morning Minute.

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Here are 2 quotes as we ponder our journey into socialism in America:

“The problem with socialism is you eventually run out of other people’s money!” MARGARET THATCHER

“Timid men prefer the calm of despotism to the boisterous sea of liberty!” THOMAS JEFFERSON

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Here are some recent Morning Minutes you may have missed with actionable ideas, useful instruction, and step-by-step methods to help you, your family, and/or your team to be more, do more, and achieve more.

​"What Are We Failing to Notice?" Discover the three ways awareness helps you avoid danger, discover opportunities, and understand others. Learn from these 3 real anecdotes why we need to pay attention to avoid danger, be alert to new opportunities created by changing conditions and new products, and gain from changing how we listen, how we react, and how we create more opportunities.

​"6 Habits That Build Successful Lives!" Discover the 6 personal disciplines that build character, strengthen relationships, and create lasting success. Learn how that lasting success isn't built by what we acquire. It is built by who we become. Take the 6 week challenge to become a happier, healthier, and more productive professional...

​"Speak to Lead - Not to be Liked!" Three outcomes that turn leadership communication into meaningful action. Discover how that effective leaders speak to create understanding, to earn commitment, and to inspire action. Learn that leadership communication isn't complete until people understand your direction, commit to do their part, and perform the work required for success.

​"How Do You Measure Success?" Discover the difference between goals and successes. Learn a daily 4 step process to keep you focused on your goals while enjoying daily successes. And remember, goals can be achieved - but success is ever final. Keep Learning! Keep Leading!

​"Why Should Anyone Follow YOU?" How everyday behaviors create your credibility and your influence. Discover the behaviors that are learned and displayed by the best leaders. Then answer this question: "What am I consistently doing that gives people a reason to listen to and follow me?"

​"Don't Wait Until Something Happens!" Anticipate what you can! Adapt when you must! Learn from both! Discover how that the real problem is waiting until something goes wrong before thinking about what can go wrong. Learn from yesterday. Anticipate tomorrow! React intelligently today!

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(published by the Bonorato Creative Group, LLC. All rights reserved)

Larry A. Bonorato

Owner of the Bonorato Creative Group, Author of the leadership and team-building book: "WORK WITH ME NOT FOR ME," and publisher of the twice weekly newsletter: “LarryonLearning's Morning Minutes.” I coach business leaders in how to profitably run their businesses by managing the 4 Ps: People, Processes, Products/Services, and Promotions. Using real life scenarios and step-by-step action plans, students gain the skills necessary to build strong teams and businesses. 864-630-2625 lab@larryonlearning.com

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