Pushing Water Uphill with a Rake, Memoirs of a Successful Failure

702_ Pushing Water Uphill with a Rake, Memoirs of a Successful Failure
Larry sat down with Steve Baker who was sued for $1.4 Billion and is the author of 'Pushing Water Uphill with a Rake, Memoirs of a Successful Failure'. Steve reflected back and said, "What I learned, going through this is, you can go out in life and particularly in business, do everything right and still fail. I did, we did everything right, as I tell the story in the book, and along came this suit for $1.4 billion dollars, and the stock market crash. Everything I did right didn't matter, everything went wrong. I lost everything, I lost my home, I filed for bankruptcy, and through that experience, I learned many valuable lessons and that's why I'm still here today. The biggest thing I learned going through that experience is the road to success is paved in failure, and you will fail to one degree or another, it's just part of being a business person. So know that going in, accept that and learn from it. As you and I have talked about this, the person who goes through this stands back and learns from it, that person will achieve success. The next thing that I learned and was able to do, is do your best and maintain your ethics, at all costs, as you're going through failure. Because what happens, and these are the turbulent times that try men's souls, and you must maintain that, because if you cross the line of ethics, very often, you're not coming back. I quote Thomas Hopkins, especially when speaking with kids, 'We are not judged by the number of times we fail, but by the number of times we succeed. And the number of times we succeed is in direct proportion to the number of times we fail and try again!'" Listen...
Related Links: Pushing Water Uphill || Steve's Blog || Watch Video Interviews on w3w3.com i.e. Colorado Rising: Steve Baker - Ethics || Colorado Rising 6/15/09 Pushing Water Uphill || Mastering Change Interview with Larry || Keywords: Steve Baker, Pushing Water Uphill, Stock Market Crash, Ethics, Thomas Hopkins, Mastering Change > Channel: Entrepreneurs 6542213 bytes - 8/3/09 LISTEN