Entrepreneur Plus - Short White
For Subscribers

Think You Screwed Up? These 6 Business Leaders Share Their Big Mistake — and Lesson LearnedToo often, we think a leader has to be right. But these businesses transformed when their leaders realized they'd had it wrong all along.

ByEntrepreneur Staff

This story appears in theSeptember 2023issue of雷竞技手机版.Subscribe »

It's hard to admit you're wrong, especially when you're the boss, and you have a lot of people expecting you to have the right answer. But the ability to recognize you're wrong about something is a crucial part of growth. We asked six founders and business leaders to share stories about times they realized they'd been thinking about something all wrong, and how that recognition helped propel themand their businessestoward better things.

1.I thought sustainability = use less.

"I just wanted to focus on plastic reduction. But my team convinced me there was value in a moonshot. So in 2020 we declared our plan to move 'Beyond Plastic.' Since then, we've reduced our annual plastic intensity, launched a working group nearly 100 companies strong, and eliminated over 5 million pounds of plastic from products that would otherwise have relied on it. Without the more ambitious goal, we may not have made it this far."— Stuart Landesberg, cofounder and CEO,Grove Collaborative

This is a subscriber-only article. Join Entrepreneur+今天的访问

Editor's Pick

相关的话题

Business News

Costco Isn't Facing Devastating Surges in Theft Like Target and Walmart — and the Reason Is Very Simple

The retailer's CFO revealed its strategy during a fourth-quarter-earnings call.

Business News

'No Question, We Probably Went Too Far': Delta Airlines CEO Backtracks on Sweeping Changes to SkyMiles Accounts, Sky Club Access

The unpopular changes set to roll out in 2025 were announced earlier this month.

Business News

Netflix Is Mailing Out Its Last DVD Today. I Got the Very First One 25 Years Ago.

Netflix co-founder and founding CEO Marc Randolph tells the story of the first Netflix DVD that got sent in the mail — and one he wished never went out the door.

Business News

'Control, Surveillance and Manipulation': How TikTok's Office Surveillance Could Backfire and Cost The Company Billions

Recently, TikTok made headlines for the wrong reasons — introducing a badge monitoring app called MyRTO, aimed at enforcing its office attendance policy as part of a top-down return-to-office mandate. While many companies are recalibrating post-pandemic work expectations, TikTok's approach not only raises serious ethical issues but also amplifies broader concerns about its surveillance culture.

领导

4 Proven Strategies to Help You Find Success in Executive Leadership

The path to executive leadership is broader than many think and can be cultivated with effort in the right direction.

Management

There is 'A Crisis of Trust in Leadership' in Business Today. Here's What We Should Do About It

Today's poor and ineffective leadership demands a course correction.