George Zimmer, the Men’s Warehouse founder known for saying “you’re going to like the way you look – I guarantee it” was shockingly fired a few years ago by his hand chosen board of directors.

One board member was even a childhood buddy.

Suddenly Zimmer was out when he vehemently opposed the merger with Jos A. Bank merger.

I’ve been there. Maybe you have, too.

Everything you worked so hard for is suddenly gone.

Since then, Zimmer started a new Internet venture Generation Tux, an online tuxedo rental business.

His new business is going gangbusters and his former business is spiraling downward.

They wouldn’t listen to Zimmer when he said do not merge with our brick and mortar competitor, Jos. A. Bank.

He was right and he still got fired.

Lessons?

• In example after example, people who succeeded have first failed (often many times). Look at failure as a rehearsal for success.
• The end is always the beginning of something new – repeat that thought over and over and do not dwell on what’s over and cannot be changed.
• Humility when on top helps save face when the bottom falls out.
• Without failure we would be tempted to continue in jobs we’ve outgrown and missed the opportunity to hit new heights.
• There is no such thing as failure – only an opportunity to succeed at something else.
• When you’re down, you get a chance once again to see who your real friends are and to value them even more.

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