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Friday , December 30, 2005
Message #1613
  • WEALTHY: Your TV is costing you more than you think
  • HEALTHY: Why crossword puzzles can do more for you than kill time
  • WISE: Winston Churchill on failure

ALSO IN THIS ISSUE:

  • What you can learn from failure that will help you succeed (Michael Masterson)
  • How bad (or good) can eggnog be?
  • Add the word "schism" to your vocabulary

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Yet Another Reason to Avoid TV

For years, ET R has been trying to convince you to drastically limit the hours you spend watching TV. Not only does it waste time and lull your brain into a false sleep ... it i s also slowly but surely eating away at your bank account.

The 2005 J.D. Power & Associates Residential Cable/Satellite TV Customer Satisfaction Survey reports that satellite subscribers pay an average of $57.72 a month and cable subscribers shell out an average of $58.51. That's about $700 a year squandered on mind-numbing, nattering drivel.

If you were to invest that money and get a 15% return, you'd have close to $7,000 in five years. Keep stowing that $700 away, and in 25 years you'd have close to $200,000! With that kind of money, you could buy a Ferrari F430 Spider, pay off your child's med school loans, or enjoy a much more comfortable retirement.

- Suzanne Richardson


"Success is going from failure to failure without a loss of enthusiasm."

Winston Churchill

Failures and Successes: Which Do You Remember? Which Ones Matter Most?

By Michael Masterson

When Bluebird K7 crashed in a lake in Coniston, England in 1967, it was the fastest speedboat in the world. Its pilot, Donald Campbell, radioed as the boat suddenly lurched up and tumbled over: "I can't see anything - I'm having to draw back. I've got the bows up. I'm gone."

For 34 years, the remains of Bluebird K7 and Mr. Campbell remained 150 feet below the surface of Coniston Water in the English Lake District. But when they brought the boat up in 2 001, it ignited a debate about whether it should be shown restored , as one group wanted (and was willing to pay $1.75 million to do) , or in its wrecked form.

Alan Cowell, writing in The New York Times, points out that this debate ("Should [the boat] stand as an emblem of Mr. Campbell's successes before the crash or of his final disaster?") - reflects a deeper schism (see Word to the Wise, below) in t he British intellectual personality: Do the British prefer to remember their successes or their failures?

Vicky Stowe, curator of the Ruskin Museum in Coniston, makes the case for failure: "You could argue that Scott of the Antarctic is more remembered than people who survived after reaching the South Pole, and a lot of people round here remember Mallory and Irving, whether they reached the summit of Everest or not."

The British are not alone in their fascination with failure. American history is well stocked with its own stories (Custer's last stand and the Bay of Pigs invasion, to name two). Which begs the question: Why is it that some failures are memorable while some successes are not?

If you consider the Scotts and Campbells and Custers, it seems that there are four elements that are often involved in a memorable event, successful or not:

  • It is historically important (i.e. first).
  • It has the potential to change some thing significant.
  • It has the power to inspire attention.

This is hardly definitive, but it's enough to make you wonder if you couldn't put your own indelible stamp on world history with some event that was (a) first of its kind, (b) culturally, politically, or socially significant, and (c) awe inspiring.

So far, I haven't done anything like that. Nor do I have any such plans.

Writing books, building businesses, establishing a his tory of giving - these are all things that give me pleasure and (I hope) make a positive difference to a significant number of people. But will these personal successes be remembered in 10 0 years? Unlikely.

When I consider the most memorable events of my life, these come to mind:

  • Getting caught, at age 5, for breaking a car window
  • Being mentally abused, at age 9, by a sort of nanny
  • Being publicly humiliated by Mrs. Grow, my high school homeroom teacher

Gee, that's embarrassing. Most of the memorable events of my life are negative.

If I give myself a different task - to identify my mos t memorable successes - a completely different list comes to mi nd:

  • writing my first poem
  • playing my first French horn solo
  • being president of my high school fraternity
  • graduating college with a 3.83 aver age
  • teaching my first college course
  • writing my first book
  • making my first million

And what about my failures? Which of them enjoy prominent perches in my memory?

  • my poor academic performance in high school
  • numerous childhood truancies and misbehaviors
  • being fired by Scotty for being "a hump" of a waiter (I still don't know what that means. I was afraid to ask.)
  • losing $40,000 on my first real estate investment
  • losing $1 million on a magazine that flopped
  • dozens of other business deals that didn't work out

Yes, I've had plenty of failures. But I don't spend much time thinking about them ... and when I do, it is with a feeling of equanimity or amusement. I don't feel badly about them . They seem like interesting experiences that happened to the person I was years ago. And it seems to me that's a good thing. Being ashamed of failure must surely be very destructive.

I am ashamed about some of the mean, selfish, improper , or unethical things I've done to be successful. I'm ashamed for scolding people who were too weak to defend themselves properly. I'm ashamed for failing to recognize the contributions of others. I'm embarrassed by the way I crow about my accomplishment s. And I cringe every time I think about some of the foolish things I've said (and done) at office parties.

I'm proud of my successes, but I'm not ashamed of my failures - for one good reason: I consider myself to be a success. Why? Because, despite my many failures, I have to my credit many more successes. How was I able to rack up such a positive success/failure track record? By pushing forward on the next new project after the last one had failed.

Every successful person has failed. And not just once. The secret t o making something good out of your mistakes is to (a) refuse t o feel guilty about them, and (b) resolve to learn from them.

In " Failing Forward," John C. Maxwell says that if you want to accomplish great things in your life, you have to be willing to fail. And I know exactly what he means. "Failing forward" is Maxwell's metaphor for how it is that we succeed: "If you march long enough, you will definitely stumble. Whether you stumble forward or backward or stop marching completely is entirely up to you."

Point is, if you want to accomplish great things in your life, you must be willing to attempt goals that are big enough and new enough to change your business, social, cultural, or personal environment - but also so big and so new that you run the risk of failing. And when that happens (as it will), you need to be able to learn from your failure ... chalk it up to experience and move on.


Today's Action Plan

Spend a little time today thinking about the memorable successes in your life ... and your most memorable failures. Yes, you feel good about your successes. But be honest. Haven' t you learned a lot from your failures? So feel good about those too.


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Keeping Your Brain, as Well as Your Body, in Shape

A few weekends ago, I stopped by Michael Masterson' ;s house to drop off a package. He was sitting in his poolside cabana with several friends, each with his own copy of The New York Times crossword puzzle. They were engaged in a serious b out of wordsmanship.

This wasn't the first time I've seen Michael with a crossword puzzle. Besides exercise, it's one of the few breaks he allows himself during work hours. And if recent research is a ny indication, both of these activities are helping him keep his brain in shape.

  • In a recent study, researchers set out to improve the brain function in older people. They focused on: Memory training. The subjects did brain teasers and crossword puzzles several times a day.
  • Exercise. They stretched and walked each day.
  • Diet. They ate five meals a day to maintain balanced blood sugar, and their meals included plenty of omega-3 fats and antioxidants.
  • Stress. In addition to stretching, the subjects did relaxation exercises.

At the end of two weeks, all of the subjects showed marked improvement on their brain scans ... and they performed better on the cognitive tests. A control group showed no changes.

Like the rest of your body, you have to give your brain the right fuel, adequate rest, and regular exercise for it to work properly. So take a break here and there to do a crossword puzzle. Or pull out that game of Scrabble and enjoy an evening with some friends. It'll do your brain some good.


It's Good to Know: The Best Eggnog

If you plan to serve eggnog this weekend, consider picking up Organic Valley
brand - recently rated "surprisingly good" by New York magazine.

"How bad can eggs, whole milk, refined sugar, and heavy cream be?" they half-jokingly asked in the December 19 issue. "Pretty bad" was the unfortunate answer. Their completely subjective rankings and comments, from worst to first:

  • Singularly Hideous: Ronnybrook. "Ewww," "Yechh," and "Aggghh" summed it up.
  • Pretty Darn Awful: Silk Soy Nog and Horizon. "Tastes like thin gruel"; "Throat scorching bite."
  • Only Mildly Offensive: Farmland Dairies, Axelrod. "Not horrible"; "I could handle if mixed with a lot of booze."
  • Surprisingly Good: Organic Valley. Superthick and rich, relatively mild sweetness, a nice creamy color, speck s of vanilla bean, and a pleasing "melted ice cream" consistency.

Also surprising the reviewers was Southern Comfort brand eggnog: "A good balance between sweet and spice," they said. "The eggnog of choice for Janis Joplin fans."

Of course, these are all loaded with billions of calories and tons of fat ... so you'll probably want to go easy on the portions.

Find the nearest store in your area that sells Organic Valley products here: http://organicvalley.coop/utility/where_to_buy

- Charlie Byrne


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Word to the Wise: Schism

A "schism" (SKIZ-um) is a separation or division into factions. The word is derived from the Greek "skhizein" ("to split").

Example (as I used it today): "Alan Cowell, writing in The New York Times, points out that this debate (Should [the boat] stand as an emblem of Mr. Campbell's successes before the crash or of his final disaster?') - reflects a deeper schism in the British intellectual personality."


Michael Masterson
Copyright ETR, LLC, 2006

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