Read This If You Don’t Want Your Success to Lead to Failure

by Michael Simmons on May 27, 2009

I’m looking forward to reading Jim Collins’ book, How the Mighty Fall: And Why Some Companies Never Give In. I really enjoyed the following excerpt from the New York Times article on him and the book:

Now the stages of decline that he maps out in the book — hubris born of success; undisciplined pursuit of more; denial of risk and peril; grasping for salvation with a quick, big solution; and capitulation to irrelevance or death — offer a kind of instant autopsy for an economy on the stretcher.

I think that we can all be careful of these stages of decline in our own lives. When things are going great, it’s so easy and compelling to stop doing the little things that led to our success.



NEWSLETTER

Please enter your email address to receive intermittent updates.

NEWSLETTER


Please enter your email address to receive intermittent updates.


I'm the co-founder of Empact, one of the leading entrepreneurship education organizations in the world. I'm obsessed with understanding how we all can lead meaningful lives that have a positive social impact. I love probing into the truth of how we experience life. I believe that challenges are what make us grow the most, and I openly share my experiences. Continue reading…


SEARCH

BOOK FOR STUDENTS