But in 2007, the music stopped. We had lost sight of our shared purpose and our guiding principles, in which growth and success began to cover up mistakes and a disease set into Starbucks. That disease, hubris. We lost our way and believe it or not, we almost lost the entire company.
How has a failure, or apparent failure, set you up for later success? Do you have a favourite failure?
Question
What is the most overrated virtue?
Values & belief
It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, and comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows the great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat.
Sorbonne, Paris, The American Presidency Project, University of California Santa Barbara, 23 April 1910 source ↗
Others on this question
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Howard Schultz
Chief executive of Starbucks, 1987–2000, 2008–2017 and 2022–2023
Nora Ephron
Journalist, essayist, screenwriter and film director
I wish I had learned more from failure than just mortification. I don’t think you learn much from success, and I don’t think you learn much from failure, unfortunately. It’s one of the sad things. You certainly learn that it’s more fun to have a hit than a flop.
J.K. Rowling
Novelist and screenwriter
So why do I talk about the benefits of failure? Simply because failure meant a stripping away of the inessential. I stopped pretending to myself that I was anything other than what I was, and began to direct all my energy into finishing the only work that mattered to me. Had I really succeeded at anything else, I might never have found the determination to succeed in the one arena I believed I truly belonged. I was set free, because my greatest fear had been realised, and I was still alive, and I still had a daughter whom I adored, and I had an old typewriter and a big idea. And so rock bottom became the solid foundation on which I rebuilt my life.
Kurt Vonnegut
Novelist and essayist
I would try to write my war story, whether it was interesting or not, and try to make something out of it. I describe that process a little in the beginning of Slaughterhouse Five; I saw it as starring John Wayne and Frank Sinatra. Finally, a girl called Mary O’Hare, the wife of a friend of mine who’d been there with me, said, “You were just children then. It’s not fair to pretend that you were men like Wayne and Sinatra, and it’s not fair to future generations, because you’re going to make war look good.” That was a very important clue to me.
Recorded
George Plimpton, David Hayman, David Michaelis and Richard Rhodes, The Paris Review, issue 69, Spring 1977, 1 January 1977
source ↗
More from Theodore Roosevelt
View profile →Shame on the man of cultivated taste who permits refinement to develop into a fastidiousness that unfits him for doing the rough work of a workaday world!
Recorded
Sorbonne, Paris, The American Presidency Project, University of California Santa Barbara, 23 April 1910
source ↗
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