In business, you learn from mistakes. In government, they never do.
Sentiment: NEGATIVE
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?
Politicians and bureaucrats must learn to stay away from the day-by-day functioning of business.
If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout.
People need to understand: Businesses are going to make mistakes. They shouldn't be shot and hung every time.
Governments never learn. Only people learn.
The first mistake in public business is the going into it.
What I learned is that in business you must make decisions based on facts, not react with your heart.
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.
People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.
One thing is certain in business. You and everyone around you will make mistakes.