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- How to Cultivate Wisdom From Failure, Three Tips to Nail PR - Tactician: #0075
How to Cultivate Wisdom From Failure, Three Tips to Nail PR - Tactician: #0075

"Cultivating wisdom from failure is like realizing the 'pull' door you've been pushing on for the last five minutes is actually a great workout. 'I didn't fail to open the door; I succeeded in strengthening my arms.’”
11/03/24
How to Cultivate Wisdom From Failure
Why Read ( 3-5 minutes ):
Develop a proactive approach to learning from mistakes, ensuring continuous growth and avoiding repeated errors.
Author:
Admired Leadership, a development program focused on leadership
Link:
Key Concepts and Tactics:
Recognizing and Valuing Mistakes for Growth:
"Everyone makes mistakes. Some blunders are bigger than others, but all come dressed in a lesson or an important takeaway. [...] After so many missteps and slip-ups and so many opportunities to learn and grow, you might expect to be much wiser than you are. Unfortunately, we often don’t keep the lessons we derive from our experiences or make them accessible to us over the long term."
Documenting Lessons Immediately After Mistakes:
"To extract the lessons and to keep them top of mind, good leaders follow a simple habit. After any stumble or screw-up, they immediately write down the lesson or takeaway in a place where they can review it in the future. While some missteps require reflection to fully understand and absorb the learning, time is of the essence. The sooner a leader can articulate the takeaway, the more likely it is to be imprinted in the mind for use in what lies ahead."
Regular Review of Learned Lessons:
"Periodically reviewing the lessons (not the failures themselves) accumulated over time is how to make the learnings available. This review injects a strong dose of wisdom that reminds us how to best navigate the challenges at hand. Without distilling the lessons and engaging in the review, leaders are destined to repeat some mistakes over and over. There is simply no reason to leave crucial learnings to an imperfect memory. Remember this: If you can’t articulate the lesson, takeaway, or action after a failure, you haven’t benefitted fully from it."
Articulation and Ownership of Lessons:
"Keeping those lessons fresh in our memory is how to avoid reliving the same mistakes and how to act on the wisdom they so perfectly declare. Wisdom from failure is how the best leaders own their responsibility for the future."
Three Tips to Nail PR
Why Read ( 4-6 minutes ):
Understand the importance of building relationships with reporters and effectively leveraging media for exposure.
Author:
Turner Novak, Investor at Banana Capital interviews
Eric Newcomer, Founder of Newcomer
Link:
Key Concepts and Tactics:
Building Relationships with Reporters is Crucial:
"It is a relationship business. I feel like number one is you want to be on somebody's radar before you're coming to them with a story... Especially covering Series A, there's a lot of discernment in what's going on."
Utilize Investors' Networks for Media Exposure:
"Leverage the sense that this is going to run exclusively with you is key to the strategy early on... I feel like there are a lot of people who are early stage that still want to blast it out to a lot of people, and then you get nothing."
Distinguish Between Exclusive Stories and Scoops:
"If I'm scooping the Series A, I'll do whatever I want. I might throw in any other company, it's my stuff. I got it, you're not helping me... The other type of story, which I'm doing more now, which is a classic TechCrunch sort of story where it's like we're announcing the Series A with you... Sometimes my standards for that are honestly higher because it needs to be totally exclusive, but I'm also giving you more central treatment."
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