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q_sharon
03/08/08, 07:41 PM
The average person may not be familiar with the trade name Textron. But if you write with a Shaeffer pen, Bostitch staples, or wear a Speidel watchband, you are using a Textron product.

The name was a brain child of Royal Little, who founded a company in 1923 to process synthetic yarns. Today, its corporate sales are counted in the billions of dollars each year. But it's no longer in the textile business, except that one of its subsidiaries manufactures Talon zippers.

You can find out about all this in a delightful book published by Royal Little at the age of 84 under the intriguing title of How to Lose $100,000,000 and other Valuable Advice.

In his introduction, Little says he thought he might be able to "contribute something to our free-enterprise system" by writing about his mistakes. "No businesman has ever written such a book," he admits, adding, "possibly because no one else has complained such an impressive record of mistakes."

Like Royale Little, we all make mistakes - everyday. The only sensible thing to do is to admit them and go on from there. Failure is a part of growth. -after Three Minutes a Day
Storyteller's Minute

:yell::clover::coffee1::clover:

ctivnan
03/09/08, 07:50 AM
Admitting failures can be very hard!!! This guy wrote a book about it! :wowie: My hat's off to this guy! I think his book will be very important to read for anyone venturing into business! :BU:

q_sharon
03/09/08, 11:22 PM
we must at all times acknowledge failures as opportunities of growth, not as thorns to be avoided.
Being proactive at any cost.