Posts by Fran Tarkenton

To Win, You Have to Know How to Lose

A paradox: I think one of the best signs that someone has a good chance to be successful is when they know how to deal with failing. I learned more from losing than I ever did from winning, and my greatest successes have all come about because of the things I learned from things that…

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Embrace Failure!

If you’re a business leader, you have a responsibility to embrace failure. Most people—especially leaders, executives, managers, CEOs, administrators, chairpersons—avoid failure, both word and subject, as they would day-old sushi or French opera. Failure, it seems, is not a fit topic for polite conversation. For that matter, neither is doubt, fear, uncertainty, or lack of…

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Don’t Forget the Plan

One of my favorite quotes is that an idiot with a plan will always beat a genius with no plan. I love to make bold moves and try new things—but I always want to have a plan, even when I know that the plan has to be flexible and adapt to all the changes that…

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How to Build a Team

An organization includes a whole group of people, from employees to partners to other forms of support and even customers. But entrepreneurs are often natural DIYers, self-starters who tend to go it alone. To get from one to the other, a business owner has to learn how to glue a company together. One of the…

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The Power of Recurring Revenue

In the late 1980s, I discovered infomercials. Bill Guthy and Greg Renker started Guthy-Renker in California after they got the idea for creating and running infomercials, and even though I had no idea what an infomercial was at the time, I joined them. We started out by doing an infomercial with Tony Robbins—the first infomercial…

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Stay Humble and Learn

I don’t think I’ve ever had an original idea in my life. Every idea I’ve ever had, all my learning, has come from other people—from what I’ve read, what I’ve seen, and what I’ve heard. And I think that’s true for all of us. The notion of the great genius who sits down, thinks for…

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Are You Trying to Be a Hero, or a Leader?

I don’t think anyone can do it on their own. It’s why I talk so much about team. But it’s not just a question of doing everything yourself. To most people, that much is obvious. There are only so many hours in a day, and we are still only able to be physically present in…

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Do You Know What You’re Failing At?

Before you can own your failure, you first have to know what you’re failing at. True knowledge is a start, not an end. It is a question, not an answer. When Walmart’s Sam Walton or Home Depot’s Bernie Marcus sought meaningful and productive knowledge, they did not attend a seminar, assemble a committee, convene a…

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Stop_Waiting_For_The_Perfect_Time

Stop Waiting for the Perfect Time

Many “wantrepreneurs” miss out on success because they let opportunities pass them by. They are waiting for the “perfect time.” My idea isn’t quite ready, they say. Or, the time just isn’t right. Maybe, I need to wait for something else to happen first. I don’t have any idea what a perfect time is to…

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Success is Not an Accident

One of the many lessons I learned playing football that has completely translated into my life in business is that success doesn’t happen by accident; it takes a lot of hard work. Every player on the team has to work hard and learn all the fundamentals, the blocking and tackling, catching, reading a defense. And…

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