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You are here: Home / Archives for Failure Friday

June 14, 2019 by Eric Butts 2 Comments

#FailureFriday vol. 5 – reviewing tax returns was harder than it looked for this tax pro

A first chance to serve in a senior role by reviewing returns… thought I did a great job until it came back a sea of red. [Read more…]

Filed Under: Accounting Tagged With: Failure Friday, tax

June 14, 2019 by Eric Butts Leave a Comment

#FailureFriday vol. 6 – I’m embarassed

embarrassed

It’s a week later and I’m still embarrassed. 

I put myself out there and it didn’t work. 

Here’s the email I got last week. It took me a little bit to process it… 

I’m not even sure I told my wife…

I’d be setting you up for failure. I think it would be much better for your career to get some more experience, maybe as a freelancer or another smaller financial publisher…

Here’s how it went down: [Read more…]

Filed Under: Career Advice Tagged With: Failure Friday

April 19, 2019 by Eric Butts Leave a Comment

#FailureFriday vol. 4 – how to respond when you grossly misunderstood direction from your boss

​I thought I might dip into the archives this week for a this week’s failure Friday but nope. I have a fresh one on deck. [Read more…]

Filed Under: Career Advice Tagged With: Failure Friday

April 12, 2019 by Eric Butts Leave a Comment

#FailureFriday vol. 3 – it looks like that key person is missing from the meeting invite

The day was… two days ago.

I had a call set up with a handful of partners and a managing director (all people more senior than myself), only one of which I work with regularly, so naturally this would be the time I would do something goofy.

I scheduled the call a week ago, right before spring break, and knew that was a stretch because we needed to get back to the client, but I was trying to stick to the PTO I was supposed to be taking. But figured as long as we had the call right when I get back, we’d be in good shape.

The only problem is I left off one of the key people. [Read more…]

Filed Under: Career Advice Tagged With: Failure Friday

April 5, 2019 by Eric Butts Leave a Comment

#FailureFriday vol. 2 – the most important expectations to manage are your own

Last week, I said I was going to do a Failure Friday feature. It seemed to resonate well with people and I did a little mini outreach to see if others might be willing to share some of their stories.

A lot of people want to share general failure advice.

Few of those want to share specific stories.

And even fewer of those want to share recent stories.

Perhaps they are thinking of the big failures that stick out in their minds (I definitely have some of those). Or maybe this is an example of the stigma I’d like to see cast into the fire, melting into nothingness like Gollum’s final moments in Lord of the Rings.

I’ll leave that to you to decide which?

In the meantime, I want to tell you about another failure I had.

Earlier this year, I was asked/nominated/voluntold to lead a reinvest initiative. It met EB’s criteria for donating time (yes, that was referring to myself in the 3rd person) and was professionally interesting.

The subject matter doesn’t matter so much as what I did to feel like a failure. And today is your lucky day because this is a two-for.

I assumed the partner didn’t want to do a detailed review. Wrong.

Because I was late doing that review, I missed the deadline I had committed to, which also isn’t great.

That’s not the part that gave me the most angst though. In the review meeting itself, the review comments were… free flowing. It was more in a collaborative sense than it was in a “you missed the point” sense but in the end, I was still kicking myself a little bit.

The number one thing doing laps in my head was why didn’t anticipate some of these questions?

I felt like a failure not because I did a sub-par job of leading this team but because there was so much more I could’ve done.

And that’s where I have to check myself.

We should always be looking for new ideas, regardless of the source. Sometimes that means a partner will have some ideas too. And if you think about it, that shouldn’t be surprising given the breadth of their experience, especially if they are staying close to what’s happening in the market, which kinda comes with the gig.

For me, I licked my wounds and am trying to get my emotions to align with what my pragmatic brains knows to be true:

Failure and feedback are a normal part of development even if you’re a high performer.

For other relevant career advice they don’t teach you in school (undergrad or MBA), check out my Corporate Ladder University e-book:

https://ericpbutts.com/clu-book

 

– EB

Filed Under: Career Advice Tagged With: Failure Friday

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