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.
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?
I've made mistakes before of doing different projects just based on my dreams, my hopes, my thing, and not really thinking about my customers.
One thing is certain in business. You and everyone around you will make mistakes.
Everything has to be perfect in my business. Because when there is a mistake I am the one who is responsible.
I made so many mistakes in my first successful business I'm almost embarrassed to recount them.
Coming up with a way to fix mistakes challenges your creativity and your critical thinking skills and your resourcefulness. Often you end up with something better than what you planned on in the first place.
People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.
I have made lots of mistakes in terms of contracts and spending money when I shouldn't have spent money.
I work for a place that's been great to me over the years, and when you make a mistake, you're hurting your company as well.
One thing about the business and investing world that I connect to very intimately is that there is little room to deny the harsh realities of your mistakes. A bad call can lose you many millions.