Archive for mistakes SmartBlogs

The following answers and images are provided by the Young Entrepreneur Council, an invite-only organization composed of the world’s most promising young entrepreneurs. The YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert-content library and e-mail lessons.

1. Thinking everyone had the same thought process

A mistake I made early on was thinking that our employees had the same thought processes and learning tactics that I did.[…] Continue Reading »

In 1998, a 35-foot boat called the AFR Midnight Rambler accomplished an amazing feat — winning one of the toughest ocean races in the world. The Sydney to Hobart is demanding every year, but in 1998, an unexpected “weather bomb” hit the fleet, creating 80-foot waves and 100-mile-per-hour winds.

While bigger, better-equipped boats tried to maneuver around the storm, the crew of the AFR Midnight Rambler chose to head directly into its path and ultimately won the coveted Tattersall’s Cup — the smallest boat to win in 10 years.[…] Continue Reading »

Brand Oprah was flying high, and then she made one critical branding failure — a failure that caused her to drop in Fortune’s Most Powerful Women list from No. 6 in 2010 to No. 50 in 2012.

The measure of any brand is its intangible value or reputation, and the intangible value of Brand Oprah has declined.[…] Continue Reading »

Often in leadership circles, we place those who achieve success on pedestals and we talk about what they did right. We study their actions. We admire the decisions they made and the opportunities they’ve had. We learn from them and they challenge us.

Do you ever notice that some of these people never fail? They seem to never make a mistake or if they do, we only hear about it because they’re telling us about their success overcoming that failure or learning from it.[…] Continue Reading »

I crashed my car recently. It was about 8 a.m. I was in a rush (what else is new?) to get to a meeting for a nonprofit I belong to. I learned how to drive in Thailand, so I’m rather proud of my driving reflexes — even pride myself on holding my own with the cab drivers in New York City.[…] Continue Reading »