In this episode of Blunders to Blessings, host Kerim interviews Michael Smedley, a seasoned professional with over 35 years of experience in sales and project management. Michael shares his transformative journey from working at Kodak during its decline to becoming a versatile expert in digital media and software. He discusses the redefinition of failure, emphasizing that it is a crucial part of the growth process. Michael highlights the importance of adaptability, seizing opportunities, and the enduring relevance of human connections in business. Key takeaways from the episode include the significance of learning from failures, staying ahead of industry trends, and the importance of consistency in achieving success.

Key Points

• Redefining Failure: Michael views failure as the biggest learning and teaching exercise. He believes that failures are the landmarks of growth and should be embraced as opportunities for personal and professional development.
• Kodak Experience: Michael shares his experience working at Kodak, witnessing its decline due to technological changes. He learned the importance of seizing opportunities and not waiting for something that may never come.
• Career Evolution: After leaving Kodak, Michael pivoted to the software industry, leveraging his skills and experiences from his print background. He emphasizes the importance of staying ahead of industry trends and adapting to new technologies.
• Consistency and Persistence: Michael advises listeners to turn up every single day and work consistently towards their goals, emphasizing that small, daily efforts accumulate over time to yield significant results.
• Human Element in Business: Michael highlights the enduring importance of human connections in business, stating that trust and mutual respect remain at the core of successful marketing and business relationships.

Lessons Learned

• Failure is not a setback but a powerful catalyst for growth.
• Don’t wait around for something that may never come; seize opportunities as they arise.
• Stay ahead of industry trends and adapt to new technologies.
• Turn up every day and work consistently towards your goals.
• Trust and mutual respect are crucial in business relationships.