PWC News
Sunday, June 22, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

For Investment Leaders: Why You Should Learn to Love Losing

Home Investing
Share on FacebookShare on Twitter


The primary time I met Dr. Daniel M. Zimet, he advised me the story of his best-ever handball match. His story modified my life, and it will possibly empower funding leaders to enhance the trajectory of their organizations. It goes like this…

By the point the 1997 three-wall Nationals got here round, Zimet had already misplaced eight instances to his nemesis Kendall Lewis, a ranked skilled handballer. “In case you have been to see us side-by-side, the outcomes wouldn’t shock you. Kendall was constructed like an NFL tight finish. I’m scrawny and scrappy,” Zimet mentioned.

This fateful match began at 5 on a Saturday afternoon. The primary recreation went the identical means as many others between the 2 gamers. Zimet floor out bread-and-butter factors whereas Kendall made spectacular photographs. However unexpectedly, Zimet eked out a 21-20 victory in recreation one after an hour of play. Lewis discovered his rhythm within the second recreation and prevailed 21-7, sending the match right into a tiebreaker. 

Because it began to get darkish, the venue’s lights got here on and the gamers handed the second hour of grueling play. The gang swelled. The followers turned so boisterous that the occasion director stopped matches within the adjoining courts. These followers added to those already watching this unimaginable match. Beer was flying within the stands. Kendall served for the fourth time to win the match level. Attempting one thing new, he hit an overhand serve. Zimet’s return was weak and brief, an ideal alternative for Lewis to hit a low-kill shot.

Greater than 20 years later, as we sat in his workplace, Zimet recalled what occurred subsequent prefer it was yesterday:

“I reached deep into my depleted nicely of power and sprinted as quick as I may to the entrance of the courtroom, the place Kendall’s match-ending shot appeared to fall in sluggish movement. At full dash and stretch, I caught as much as the ball an inch from the bottom and hit the proper shot — a flat kill. I rolled over on the concrete to interrupt my pace. On my knees, I squeezed each palms into fists and screamed on the high of my lungs. The gang’s roar was so overpowering that I couldn’t hear my voice.”

His voice trembled as he retold this story. I may swear his eyes grew watery. However what occurred subsequent is a bit unusual. He advised me the remainder of the story nonchalantly.

“He was down 9–10 and failed to attain on his subsequent serve. Then, Kendall served an ace.”

“Wait, you misplaced?” I requested. “How was that your ‘finest second’? What about all of your wins?”

I couldn’t perceive how a world-class athlete could possibly be elated by defeat.

However Zimet then defined his rationale: “Measurable objectives can impede self-motivation. Those that give attention to mastery — reasonably than on the scoreboard — are the largest winners in the long term. That point, I performed to the very best of my skills.”

This match modified Zimet. From then on, he knew he belonged amongst one of the best within the recreation.

“Each victory stands on that match’s shoulders,” he advised me. “That match, that time, and that loss solidified my high quality as a participant, a competitor, and an individual, making it an important second of my profession as an athlete.”

After all, he likes to win, however Zimet – a sports activities psychologist — defines success in phrases solely a sports activities psychologist may. He centered on mastery over ego, the significance of relationships and neighborhood (“The gang’s roar was so overpowering that I couldn’t hear my voice”), the which means of sport as a meritocracy, and the significance of engagement and circulation. To him, all these ideas got here collectively that day on the courtroom.

His concept turned an epiphany for me. I requested myself: What if leaders may develop an analogous mindset and apply it to their organizations?

Zimet’s story was the spark that began the mission that turned my forthcoming ebook, The Psychology of Management, obtainable for pre-orders. It put me on a path of discovery. I spent 4 years investigating new methods to use psychology to management. I plowed via a whole bunch of books and articles in scientific psychology. What I discovered has been life-changing and price sharing with the world. 

I will probably be discussing these ideas at CFA Institute Reside 2025 in Chicago in Might. In subsequent week’s put up, I’ll talk about the hidden entice sabotaging your choices.

Subscribe Button



Source link

Tags: InvestmentLeadersLearnlosinglove
Previous Post

GBP/USD Bulls Need More Than a BoE Rate Cut to Regain Bullish Momentum | Investing.com

Next Post

‘Aap itne young aur sundar ho fir…’: Delhi woman alleges Rapido driver called multiple times, texted on WhatsApp after ride

Related Posts

From Ivory Tower to Investment Toolbox: Why Research Matters
Investing

From Ivory Tower to Investment Toolbox: Why Research Matters

June 21, 2025
10 High Dividend Stocks To Sell Now – Sure Dividend
Investing

10 High Dividend Stocks To Sell Now – Sure Dividend

June 20, 2025
From Theory to Trillions: David Booth | Financial Thought Exchange
Investing

From Theory to Trillions: David Booth | Financial Thought Exchange

June 18, 2025
Quantum Computing Penny Stocks
Investing

Quantum Computing Penny Stocks

June 19, 2025
The 10 Highest Yielding Dividend Champions | Yields Up To 7.2% – Sure Dividend
Investing

The 10 Highest Yielding Dividend Champions | Yields Up To 7.2% – Sure Dividend

June 18, 2025
Singapore Floats Retail Access to Private Markets: Next Frontier for Asset Managers?
Investing

Singapore Floats Retail Access to Private Markets: Next Frontier for Asset Managers?

June 20, 2025
Next Post
‘Aap itne young aur sundar ho fir…’: Delhi woman alleges Rapido driver called multiple times, texted on WhatsApp after ride

'Aap itne young aur sundar ho fir...': Delhi woman alleges Rapido driver called multiple times, texted on WhatsApp after ride

Will TRUMP Memecoin Price Crash to  in the Next 15 Days? | CoinGape

Will TRUMP Memecoin Price Crash to $5 in the Next 15 Days? | CoinGape

High home prices are sapping Canada’s productivity, warns CMHC

High home prices are sapping Canada's productivity, warns CMHC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Ethereum Mirrors Bitcoin 2017-2021 Pattern – ,000 Is The Trigger Point
Cryptocurrency

Ethereum Mirrors Bitcoin 2017-2021 Pattern – $4,000 Is The Trigger Point

by PWC
June 19, 2025
0

Cause to belief Strict editorial coverage that focuses on accuracy, relevance, and impartiality Created by business specialists and meticulously reviewed...

Kraken New HQ Relocated to Wyoming Following Prime Platform Launch

Kraken New HQ Relocated to Wyoming Following Prime Platform Launch

June 21, 2025
US Dollar: Can Rising Geopolitical Tensions Spark a Trend Reversal? | Investing.com

US Dollar: Can Rising Geopolitical Tensions Spark a Trend Reversal? | Investing.com

June 16, 2025
Renault shares slide as chief executive Luca de Meo quits to lead Kering

Renault shares slide as chief executive Luca de Meo quits to lead Kering

June 16, 2025
HUL shares among 8 stocks will trade ex-dividend on Monday. Do you own?

HUL shares among 8 stocks will trade ex-dividend on Monday. Do you own?

June 20, 2025
Cathie Wood’s ARK dumps first Circle shares batch for M

Cathie Wood’s ARK dumps first Circle shares batch for $52M

June 17, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.