Can Business Work Better When You Are Wrong?

Doing Something Wrong Can Help Your Business!

Can business work better when you are wrong?  Absolutely.

Every leader in every business takes chances.  Business owners will be forced to take some chances in their operational career.  Just the sheer fact that they are in business for themselves is a tremendous chance taken.  Business owners take chances.

With chances comes the high probability of choosing something wrong.  Business owners will eventually choose a wrong choice.  Owners will make some mistakes.  Big deal.  I just hope owners do not get too caught up worrying about whether or not they will make some mistakes.  Business owners will make some mistakes.  Nobody is perfect, especially if you own a business.  Business ownership is an imperfect world.

Mistakes Help To Form Your Character

When mistakes are made in operating your business model your leadership will get a good chance to formulate how it is shaped.  Mistakes are the catalyst for developing how well an owner develops style in the fashion they choose to build their true character.  Most owners reveal reasonably good character when they are moving along the side of their business when it is in tandem with good patterns and results.  Good character is not something an owner will practice when things are going well.  The true color of an owner shows up when the feathers are ruffled a little bit.  When the challenges surface, a business owner gets tested.  How the owner handles the testing periods of their business model will determine and contribute a great deal to the development of the owner's character.  Although the idea of discussing character is not the subject of this post, the mistakes a business owner makes will certainly help to perfect the quality of their character.  This particular post has more to offer about how mistakes can lead an owner into a direction that produces more favorable results than what was previously being experienced.

Many of my business mistakes in my career have lead my decisions into a completely different direction and as a result, produced far better results than what was being produced previously.  It has happened way too many times to ignore discussing it.

Learn To Practice The Laws Of Compensation

The best thing I can offer to those who are squarely placed in a period of time whereby their recent mistakes have set them back more than they care to admit...quit worrying about it.  Quit worrying about the mistakes...especially if you are 'right' with the pure laws of compensation.  If you are practicing solid laws of compensation in all of your business thinking, your mistakes have come upon you for a reason.  All you need to do at this point is to try and find how best to dovetail your next set of decisions with the changes you are being dealt.  All you need to do is work with the mistakes instead of rubbing against them.  If an owner does not know about the Laws of Compensation, learn them and learn how to practice them religiously!  They will save an owners 'bacon' more often than any other law of business.  Get close to this set of laws.


I find when I work my risk taking without the fear of making a mistake, my creativity and business character rises to the top of my decision-making efforts.  Many times those types of decisions have a better chance to produce greater results than ones without those two components aboard.  The times when I practice decision making with too much worry about making mistakes, these two components seem to disappear.  I prefer and recommend to make decisions without worry of making mistakes.  Plan to prepare and manage some mistakes in your decision-making models.  You might discover the art of making better and more effective decisions in the end.  The fear of making a mistake can neutralize the creative needs your business requires.  You will eventually justify why being more creative is too risky to execute.  At that point, your business model will begin to look a lot like everyone else.  I do not consider that to be a very good place to position your business.

Refrain from worrying about making wrong decisions.  Face the reality that many of your conservative decisions will turn out wrong anyway.  Taking risks in decision-making does not mean owners have the green light to do anything they please.  Be responsible with all decisions.  What's more, be accountable as well.

Be Of Good Courage

When you make rough decisions that turn out wrong, wear the mistake.  Be of good courage and stand up to be counted for missing the mark.  This will only help to secure you as a formidable leader.  Leaders who have this character are the most difficult owners to compete with when the going gets tough.  Those types of leaders will continue to decide to win.  Many times they make decisions that at first do not seem to make sense, but will destroy their competition in due time.  These type of owners turn bad into good on a regular basis.  They are the most difficult competitors to beat.  Become one of those types of business operators.  To secure this kind of character you will need to become friendlier with making many more mistakes in your business decisions.

Be not afraid...fear not...and above all...wear your mistakes well.

Until next time...