Quotes & Sayings About Mistakes In Business

I've been in this business for a long time, and I no longer think that anything that I do by way of clarification is ever going to eradicate the mistakes. — Ann Beattie

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children. — Warren Buffett

Contrary to popular belief, I consider failure a necessity in business. If you're not failing at least five times a day, you're probably not doing enough. The more you do, the more you fail. The more you fail, the more you learn. The more you learn, the better you get. The operative word here is learn. If you repeat the same mistake two or three times, you are not learning from it. You must learn from your own mistakes and from the mistakes of others before you.4 — John C. Maxwell

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These are the lessons for today, try to put them in your bag and start using them one by one! — Deyth Banger

Mistakes and miscalculations are human and normal, and viewed in the long run they have not damaged the company. I do not mind taking responsibilty for every managerial decision I have made. But if a person who makes a mistake is branded and kicked off the seniority promotion escalator, he could lose his motivation for the rest of his business life and depreive the company of whaever good things he may have to offer later. If the casues of the mistake are clarified and made public, the person who made the mistake will not forget it and others will not make the same mistake. I tell our people Go ahead and do what you think is right. If you make a mistake, you will learn form it. Just don't make the same mistake twice. — Akio Morita

It's between $1 million and $10 million that the team needs to focus on cash. Growth sucks cash, and since this is the first time the company will make a tenfold jump in size, the demands for cash will soar. In addition, at this stage of organizational development, the company is still trying to figure out its unique position in the marketplace, and these experiments (or mistakes) can be costly. This is when the cash model of the business needs to be worked out (e.g., "How is the business model going to generate sufficient cash for the company to keep growing?"). — Verne Harnish

Never before has information been so important, to governments and businesses alike. And please don't imagine that some of you gathered here today may be less concerned than others. Globalization means that the "butterfly effect" is everywhere at work. The mistakes of a stockbroker in Singapore or the collapse of the Baht in Bangkok, the decisions of a Finnish industrial concern, or what the Governor of Minas Gerais in Brazil decides to do about his State's debt, have had consequences for the world as a whole. — Jacques Chirac

I think the Ambitious Lovers never got their due- we had terrible management and at that point, we were on major labels and we didn't have any music business savvy which we could have used. We made a series of hilarious mistakes not in terms of music but in terms of making it happen. — Arto Lindsay

It is our emptiness and lowliness that God needs and not our plenitude. These are a few of the ways we can practice humility:
Speak as little as possible of oneself.
Mind one's own business.
Avoid curiosity.
Do not want to manage other people's affairs.
Accept contradiction and correction cheerfully.
Pass over the mistakes of others.
Accept blame when innocent.
Yield to the will of others.
Accept insults and injuries.
Accept being slighted, forgotten, and disliked.
Be kind and gentle even under provocation.
Do not seek to be specially loved and admired.
Never stand on one's dignity.
Yield in discussion even when one is right.
Choose always the hardest. — Mother Teresa

No matter what business you're in, business is business, and financing and money are critical. I would have made a lot fewer mistakes if I had more schooling in that area. — Daymond John

Learn as many mistakes and what not to do while your business or product is small. Don't be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road. — Daymond John

The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent mistakes from being corrected. Even when the revolutionist might himself repent of his revolution, the traditionalist is already defending it as part of his tradition. Thus we have two great types
the advanced person who rushes us into ruin, and the retrospective person who admires the ruins. He admires them especially by moonlight, not to say moonshine. Each new blunder of the progressive or prig becomes instantly a legend of immemorial antiquity for the snob. This is called the balance, or mutual check, in our Constitution. — G.K. Chesterton

Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself. — Warren Buffett

Each day that comes is not a privilege to think about wrong people and things in a negative way and disturb not just your mind, but your heart as well! Each day is however, a great privilege to be thankful to God and mind the business of your life; how to summon all challenges, limit your mistakes and improve your staying power, and how to move your footsteps to live noble and indelible footprints! — Ernest Agyemang Yeboah

Raising children is an incredibly hard and risky business in which no cumulative wisdom is gained: each generation repeats the mistakes the previous one made. — Bill Cosby

Museums are just a lot of lies, and the people who make art their business are mostly imposters. We have infected the pictures in museums with all our stupidities, all our mistakes, all our poverty of spirit. We have turned them into petty and ridiculous things. — Pablo Picasso

I think that the lack of intuition in fashion today is one of the most dangerous things. My fear is that our business is turning into a bag business, and it's all about the bag. But it's not only about the bag. It's about the women. And it's not about a bag or a shoe or the jewelry. It's only about women ... Being almost politically correct and doing only what you expect without the ability to make mistakes is very dangerous to fashion. We have to go with our heart. We have to go with our intuition. — Alber Elbaz

One of the biggest mistakes women make in business is that they aren't friendly enough. — Charlotte Beers

You can't overestimate the need to plan and prepare. In most of the mistakes I've made, there has been this common theme of inadequate planning beforehand. You really can't over-prepare in business! — Chris Corrigan

As an entrepreneur building a multimillion-dollar business, your failures are going to be your greatest assets, provided you have a philosophy that addresses mistakes, strives to understand them, learns the key elements in them, and turns them into successes. — Ryan Blair

Sometimes, marriages fail because people are immature, or because expectations are unrealistic on both sides. Sometimes people die because they have incurable diseases, not because their families turned to the wrong doctor or waited too long to go to the hospital. Sometimes business fail because economic conditions or powerful competition doom them, not because one person in charge made a wrong decision in a crucial moment. If we want to be able to pick up the pieces of our lives and go on living, we have to get over the irrational feeling that every misfortune is our fault, the direct result of our mistakes or misbehaviour. We are really not that powerful. Not everything that happens in the world is our doing. — Harold S. Kushner

When you start out in the wrestling business, you make a lot of mistakes, tripping over your own feet and looking like a fool. — Hulk Hogan

What cruel mistakes are sometimes made by benevolent men and women in matters of business about which they can know nothing and think they know a great deal. — Florence Nightingale

Entrepreneurs don't really make mistakes, though. We just make decisions that seem right at the time, but which sometimes turn out to have been the wrong path to take. For example, we allowed a buyer to place a huge opening order and later had to take some product back. We didn't have our sell-through programs in place, so in hindsight, it would have been wiser to sell in less product at the outset. The scary thing is you are always making decisions without knowing the future. — Tom Szaky

In terms of business mistakes that I've seen over a long lifetime, I would say that trying to minimize taxes too much is one of the great standard causes of really dumb mistakes. I see terrible mistakes from people being overly motivated by tax considerations. Warren and I personally don't drill oil wells. We pay our taxes. And we've done pretty well, so far. Anytime somebody offers you a tax shelter from here on in life, my advice would be don't buy it. — Charlie Munger

Even in the weak morning light trickling through the bakery's window, Wylan could see how weary Colm looked. "I made some big mistakes."
Wylan drew a line on the floor with his finger. "You gave him someone to run to. No matter what he did or what went wrong. I think that's bigger than the big mistakes."
"See now? That's why he likes you. I know, I know - it's none of my business, and I have no idea if he'd be good for you. Probably bring you ten kinds of headache. But I think you'd be good for him."
Wylan's face heated. He knew how much Colm loved Jesper, had seen it in every gesture he'd made. It meant something that he thought Wylan was good enough for his son. — Leigh Bardugo

People learn best and fastest from making their own mistakes and fixing them. It's painful to watch a child flounder, but in the long run children become more resilient and resourceful if they have to deal with failure once in a while. One of the biggest fears of today's business strategists is that we are producing a coddled workforce of straight "A" students who are afraid to go out on a limb for fear they'll fall. American innovation was born out of metaphorical scraped knees and bloody noses. A generation that's been told they shouldn't even touch a doorknob without applying antibacterial hand sanitizer may not have the rough and tumble qualities needed to compete in a global dog-eat-dog economy. — Lynne C. Lancaster

What you did in the past is your business. Those were your choices - your mistakes - if you even believe they were mistakes. Stop caring what anyone thinks and live your life the way you want to live it. — Laura Wright

I've made mistakes in business, but none so big I couldn't recover and learn from them. The more you try to change consumer behaviour, the riskier it gets. You have to work out your potential losses against the obvious gains. — Stelios Haji-Ioannou

I made so many mistakes in my first successful business I'm almost embarrassed to recount them. — James Altucher

To judge sins is the business of one who is sinless, but who is sinless except God? Who ever thinks about the multitude of his own sins in his heart never wants to make the sins of others a topic of conversation. To judge a man who has gone astray is a sign of pride, and God resists the proud. On the other hand, one who every hour prepares himself to give answer for his own sins will not quickly lift up his head to examine the mistakes of others. — Gennadius Of Constantinople

I love people who make mistakes. That's why I'm in the teaching business. I love people who make mistakes because I enjoy watching them learn and helping them, assisting them. I find it a beautiful process. — Frederick Lenz

I find it very difficult to think of mistakes; not that I don't make any but because I was brought up to look only at the good things in life ... As for what lost the most money, probably Virgin Cola. It is still No 1 in Bangladesh though. — Richard Branson

The main qualities that had earned him this universal respect in the service were, first, an extreme indulgence towards people, based on his awareness of his own shortcomings; second, a perfect liberalism, not the sort he read about in the newspapers, but the sort he had in his blood, which made him treat all people, whatever their rank or status, in a perfectly equal and identical way; and, third - most important - a perfect indifference to the business he was occupied with, owing to which he never got carried away and never made mistakes. — Leo Tolstoy

While mistakes may be local, in today's connected world embarrassment is global — Gyan Nagpal

Everybody who goes through the business will make mistakes. The big question is how big will the mistakes be? How fast will they learn from the mistakes, and how quickly will they get the business in the correct direction? — Fred DeLuca

In business, you learn from mistakes. In government, they never do. — Rick Scott

Of course, everybody makes mistakes, and we've all been young and stupid. But people need to have a sense of respect, particularly in this business, because hundreds of people are ready to take your place at any time. Maybe some people should think about that. — Sophia Bush

The margin for making mistakes has gotten much smaller. In a commodity economy, it's hard to kill off your business. You still have the mine. You still have oil wells. You can always rebuild. In a knowledge economy, if you make a mistake, you're in trouble. — Juan Enriquez

One thing is certain in business. You and everyone around you will make mistakes. — Richard Branson

People must make make risks, must make mess in their life's. They must make make mistakes, they must think - This is the part of the proccess "learning"! — Deyth Banger

It is a fallacy to think that carping is the strongest form of criticism: the important work begins after the artist's mistakes have been pointed out, and the reviewer can't put it off indefinitely with sneers, although some neophytes might be tempted to try: "When in doubt, stick out your tongue" is a safe rule that never cost one any readers. But there's nothing strong about it, and it has nothing to do with the real business of criticism, which is to do justice to the best work of one's time, so that nothing gets lost. — Wilfrid Sheed

The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks. — Warren Buffett

Most of the heroes of Scripture rose to their greatest victories after their worst mistakes. God is in the redemption business, and He testifies of this through the lives of everyone He calls. — Rick Joyner

Failure promotes success only if you actually take the time to analyze your mistakes.." "Failure has to be separated from fault, and for many people that requires a bit of deprogramming, as we learn early on that they are one and the same." "In this framework, intention is extremely important. — Amanda Lang

In the end, it is your responsibility to read the small print, whether it is for gig contracts, record contracts, investors, management, booking agents, or anything else. You can blame everyone else for your mistakes, but when you make them, you end up being the one who has to pay. — Loren Weisman