557: Failure is Not an Option - Scherrie L. Prince

Leadership Is Changing

When our biggest dreams seem out of reach, how do we find the perseverance to keep pushing forward? Host Denis Gianoutsos interviews attorney and asset protection coach Scherrie L. Prince to uncover the answer. They dive into lessons from business failures and how to turn those failures into future success. Scherrie shares her experience leading older team members as a young leader and what it taught her about earning respect. She explains why Colonel Sanders is her favorite leader - how he exemplified perseverance by not giving up on his dreams despite homelessness and rejections later in life. Scherrie also provides thoughts on changes in the workplace and real estate stemming from the pandemic.

Throughout the episode, she emphasizes the importance of authenticity for leaders and making the most of opportunities that align with your goals.

In This Episode:

• Scherrie discussed how her first major business failure was due to a lack of formalities and structure, not because of a lack of talent or funding.
• Denis asked Sheree what it was like for her to be younger and lead people who were older than her when she started her first leadership role at 21.
• The guest shared that her favorite leader is Colonel Sanders from KFC because he exemplifies perseverance, facing over 1000 rejections before successfully founding KFC later in life.
• They discussed how the commercial real estate market has been impacted by remote work trends stemming from the pandemic.
• Scherrie emphasized the importance for leaders to consider the cost of inaction, such as failing to innovate, raise the company's profile, or develop themselves.
• The guest highlighted that employees today expect leaders to be authentic, and consistent in how they present themselves online and in the workplace.
• Scherrie explained her thought process in deciding to go to law school at 30 with two toddlers, knowing the time would pass either way.

Main Takeaways:

• Failures can provide strong platforms for future success if you learn from them.
• As a young leader, take time to understand your team by working alongside them.
• Perseverance is key; don't give up on your dreams despite repeated failures.
• Consider flexible work arrangements to adapt to changes in the market.
• Regularly evaluate how you are developing yourself and your organization.
• Employees value authenticity; be consistent personally and professionally.
• If an opportunity aligns with your goals, the rewards may outweigh the risks.

Quotes:

"I would say that, by far, the failures have given me a stronger platform for my success." - Scherrie L. Prince

Leadership is not merely a position. Simply saying 'I'm your boss' or 'I'm your supervisor' does not truly make you a leader." - Scherrie L. Prince

"I know I have certain tasks to complete, and I'm determined to get them done. However, being more comfortable, I believe I accomplish more." - Scherrie L. Prince

"If I'm looking at my leaders, I want to look at real people." - Scherrie L. Prince

"Sometimes change is scary, but if you think about the rewards that may come from change, sometimes they outweigh the risk." - Scherrie L. Prince

Connect with Scherrie:

Website: https://www.scherrieprince.com/

LinkedIn: https://www.linkedin.com/in/scherriespeaks

Facebook: https://facebook.com/scherriespeaks

Instagram: https://instagram.com/scherriespeaks

Twitter: https://x.com/scherriespeaks

Youtube: https://www.youtube.com/@playbigfaster?sub_confirmation=1

Connect with Denis:

Email: [e-mail]

Website: www.LeadingChangePartners.com

Facebook: https://www.facebook.com/denisgianoutsos

LinkedIn: https://www.linkedin.com/in/denisgianoutsos/

Instagram: https://www.instagram.com/leadershipischanging/

YouTube Channel: https://www.youtube.com/@DenisGianoutsos