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TheStreet.com
- February 21, 2001
Book Review:
Shackleton's Way -- Don't Succumb to the Pessimists
By James J. Cramer
If you're trying
to figure out what looks to be a hopeless situation, or if you think
that the gods have conspired to ruin your plans, perhaps you should
stop complaining and just go read Shackleton's Way.
Sir Ernest Shackleton,
the only great explorer at the turn of the century who literally
accomplished nothing of note, has made a huge comeback of late as
a study in leadership under pressure.
"The Boss,"
as his crew called him, embarked on an epic trip to march across
the Antarctic just at the moment when World War I broke out. Until
then, trips like these served as the excitement of the day. Shackleton,
a rugged British explorer, promoted the heck out of the trip, and
then proceeded to prove that he could also be the operator supreme.
Almost immediately
his trip went awry. His ship, the Endurance, got stuck in ice and
ultimately was crushed. He and his 27 men then spent the better
part of two years hiking, swimming (yes, in cold, cold water) and
life boating to safety. They had been forgotten and left for dead
when Sir Ernest suddenly appeared out of nowhere at a Norwegian
whaling station. His monumental trip to get back home with his crew
safe and sound is now the subject of several books, an IMAX movie,
a child's story and, at last, a business book, Shackleton's Way.
Shackleton's
situation was completely hopeless. He just didn't succumb to the
pessimists. He refused to let himself or his men give up. He suffused
them with optimism and hope in a totally rigorous, non-Pollyannaish
way.
That's why this
book resonates so well in an era where the dreams of many entrepreneurs
and businesspeople suddenly appear to be just dreams, even though
they were launched and seemed, at the time, like the Endurance,
fully funded and certain to score.
I discovered
Shackleton in a National Geographic article during a period when
both TheStreet.com and Cramer Berkowitz were foundering. I would
post Shackleton's phrases all over the office, including my favorite:
"Optimism is True Moral Courage." I would read passages
from the diaries of the men who were on his voyage before I went
to bed, so I could deal with the troubled nights and terrible sleep
that the tensions of the day brought me.
You don't have
to mine these works for the lessons anymore. You can just copy and
memorize them from Shackleton's Way. They are, thankfully, all there.
The authors of the book were energetic enough to seek me out to
write a kind chapter of what I learned about optimism from Shackleton.
They captured my enthusiasm and my love for what this man accomplished,
even as he failed on his smaller mission.
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