Never Punish Yourself or Others for Failures

If you want to find success in various ramifications, be it in business or personal relationship, don't punish yourself or others for mistakes, or blunders, or failures, instead encourage yourself.

Kim Woo-Choong, founder and chairman of Daewoo, said, "One of my employee went to a casino and lost $10, 000 of the company's money which would certainly get him fired by a normal manager. I didn't fire him, but paid the money back to the company myself and gave him a second chance."

"Why didn't you fire me?" the employee asked.

"I've just spent $10, 000 educating you. If you have the confidence to beat a casino dealer, then I want you to use it to create business."

Use your failures to create success. You can only advance in life or business if you use your failure. People fail in life and business because they are ashamed of there mistakes, blunders, and failures-they hide it, ignore it, and cover it up by drinking, using drugs, and loads of irrelevant pastimes.

Things happen: people get fired, hearts get broken, marriages collapse, businesses crumble, fights take place, what really counts is "Will you punish yourself or encourage yourself?"

Like an expert said, "Those who seem to sail through life handle things quietly as they come up, while those who lurch from crisis to crisis flail about, make a lot of noise and expert somebody else to rescue them. They become victims of their fate, instead of masters of their domains."

When you fail, make mistakes or suffer disappointment, smile first, analyze next (perhaps you could write it down, discuss it with someone knowledgeable, research it, or just have patience until something comes up), then move ahead with your life.

The successful and happiest people on earth are those who are not frustrated by situations. It is just life, so never punish yourself or others for failures.

Bright Johnson, a money writer and researcher, is the publisher of http://www.superriches.com

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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Gideon-Technologies-CEO-To-Give/story.aspx%3Fguid%3D%257B7F21B780-4CB3-4A33-B667-724B0AF4324B%257Dcid=1276605793ei=v5E0SeCKEo_u6gOZ062QCgusg=AFQjCNFMygkVG_FL9ogKpZxTn6P-U_A12gGideon Technologies CEO To Give Unified Compliance bManagement/b b.../b/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobr7 hours ago/nobr/fontbrfont size=-1Unified Compliance bManagement/b simplifies this complex problem. quot;The combination of a holistic centralized view of the network, unified and continuous b.../b/font/div/font/td/tr/table
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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Madison-Strategic-Sector-Premium-Fund/story.aspx%3Fguid%3D%257BC33E7986-8414-4885-A820-D3C6B4AEB310%257Dcid=1276595346ei=v5E0SeCKEo_u6gOZ062QCgusg=AFQjCNHJz9KfxQZMoBHtKrDwmX8hIIS6TgMadison Strategic Sector Premium Fund (MSP) Declares Quarterly b.../b/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobr4 hours ago/nobr/fontbrfont size=-1Madison Asset bManagement/b, LLC, a wholly-owned subsidiary of Madison Investment Advisors, Inc., is the Fund#39;s Investment Advisor. Founded in 1974, the firm b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/PPR-0340-November-Dividend/story.aspx%3Fguid%3D%257B3C32D15F-9E55-4B98-AA4A-987CFA7EF69A%257Dcid=1276595346ei=v5E0SeCKEo_u6gOZ062QCgusg=AFQjCNEqUZke0ovylqjblIHUoqa48FziigPPR - $.0340 November Dividend/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/TYW-Declares-Quarterly-Dividend/story.aspx%3Fguid%3D%257BDD294884-CF9B-4CD7-A2BA-8251ECCFFF71%257Dcid=1276595346ei=v5E0SeCKEo_u6gOZ062QCgusg=AFQjCNFmW1frhwYw1KXIOdEGj6KHGlIJpgTYW Declares Quarterly Dividend/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/AVK-Declares-Dividend-Announces-At/story.aspx%3Fguid%3D%257B6E48383A-74AA-4058-BA9B-7092933E1D16%257Dcid=1276595346ei=v5E0SeCKEo_u6gOZ062QCgusg=AFQjCNE2OYkqTsbCzpG8o9i9ItsF-1PsJQAVK Declares Dividend and Announces At-Par Redemption Notices for b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276595346hl=ennobrall 58 news articles/nobr/a/font/div/font/td/tr/table
management - Google News

Tales from the Corporate Frontlines:Choosing an Effective Employee Recognition Program

This article relates to the Recognition competency, commonly evaluated in... Read More

Creative and Innovative Culture, Change Management ? Three Easy Tests

Creativity can be defined as problem identification and idea generation... Read More

Planning Your Recruiting Efforts Can Help You Find Great Employees

Today, companies have an ever-expanding list of options available to... Read More

Test Your Hiring IQ

The purpose of any selection process is to discriminate (albeit... Read More

Quality Staffing: Stop Placing the Wrong People in the Wrong Jobs

You can possibly teach a turkey to climb a tree... Read More

Creating A Vision ? Bringing Your Dreams Into Reality

Do you have some goals you want to achieve or... Read More

Assessing Managers for International Competence

How do you select staff for international assignments? It's an... Read More

Is Your Company in Need of Family Therapy?

How Companies Are Like FamiliesLike a family, a company is... Read More

The Email Trap

If you sit at a computer for most of the... Read More

Change Management

"It is not the strongest species that survives, nor the... Read More

Management to the Vision-Contribution and the Role of Compliance

As a manager our role is to:1. Establish the vision,... Read More

Learning To Let Go

If you have the entrepreneurial spirit (which clearly you have!),... Read More

Hiring for Success

Hiring someone new to work in your business is one... Read More

Use Noncompete Agreements To Protect Your Business

Q: One of my former employees has launched an online... Read More

Why Would Anyone Hold a Bad Meeting?

Pssst, want a stock tip that will make you rich?... Read More

What is Six Sigma?

Six Sigma is a highly disciplined process focused on satisfying... Read More

Don?t Forget Where You Came from - Why the Past is Important in Implementing Business Change

Much of the literature and advice on implementing business change... Read More

Why Free Agent Thinking Is Good For Your Company

It's no secret! Day after day the news is riddled... Read More

Managing Rebellious Employees

Surveys of executives reveal that many companies fall short of... Read More

Solve Problems Permanently - Ask WHY

As Albert Einstein said:-"The significant problems we face today, cannot... Read More

Managers Who Spend PR $$ Wisely

If you are a department, division or subsidiary manager, your... Read More

Workplace Security Plan: Does Your Company Have One?

Consultant's Perspective...The threat of violence whether it emanates from a... Read More

Three Foundation Stones for Building Organizational Integrity

When the stock market crashed in 1929, there were a... Read More

OJT - On The Job Training

IntroductionManagers have two powerful ways of improving the performance and... Read More

When Change Is In the Wind...Heads Up!

In these days of takeovers and mergers, of downsizings and... Read More