In 1910, President Teddy Roosevelt revered the “Man in the Arena” in this notable passage from a speech given in Paris:
“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, who comes short again and again, because there is no effort without error and shortcoming; but…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.”
Many of us were marred and criticized as we stumbled through the 2008-2010 arena. Now, as we move forward into the new 2011 arena and beyond, we once again chase the “triumph of high achievement.”
Specifically, at CMF we are seeing clients chase higher achievement in the following ways:
- Beginning to hire additional business development talent
- Beginning to focus on product and service line extensions
- Looking towards M&A as a means to secure significant competitive advantage
Let’s not listen to the spectators who are on the sidelines; let’s look to the words of our renaissance President to help us find a new center from which to strive.
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