As we head into the new year, it’s natural to look back on your accomplishments and consider how you want to shape your future. Success is about more than the number of dollars you have in your bank account or the size of your home. It’s about happiness and personal fulfillment.
The news and stories in this edition of our daily newsletter offer insights into a variety of ways to achieve that definition of success. From a seasoned IAS officer to an entrepreneur making waves in the coffee industry, these stories inspire and inform the way we think about success.
Whether you’re an experienced business owner or just starting out, it can be difficult to define your own definition of success. Our expert contributors offer a variety of insights and advice to help you find what’s important and set realistic goals for your success.
Success Academy, New York City’s largest charter school network, is considering opening schools outside of the Big Apple, a sign that the organization might be ready to expand beyond its troubled past. The move surprised some of the network’s closest observers, including Robert Pondiscio, a senior fellow at the conservative American Enterprise Institute who embedded in a Success school and wrote a book about it.
Blakely says that “failure isn’t the end, it’s not trying at all.” She’s innately qualified to talk about this: She is one of the world’s youngest self-made billionaires, and she’s been successful by not only trying but also failing many times.
The success of any organization or initiative is based on how well it’s managed, and it requires an understanding of the most important metrics. In the news subscription context, these are referred to as the key performance indicators (KPIs). They include a combination of factors that are deemed critical to growth and survival, such as subscriber retention, engagement, customer satisfaction and renewal rates. These KPIs should be monitored on a continuous basis and continuously improved upon to ensure long-term sustainability.