mistakes on Financial Loss

Many years ago a senior executive of the then Standard Oil Company made a wrong decision that cost the company more than $2 million. John D. Rockefeller was then running the firm. On the day the news ...

We cannot afford to forget any experience, not even the most painful.

One of the reasons failure can be so crushing is that we set goals of success, instead of improvement and learning.

When people fail, we are inclined to find fault with them, but if you look more closely, you will find that God had some particular truth for them to learn, which the trouble they are in is to teach t...

Tom Watson, Sr., is the man who founded IBM. You can imagine the money, the investments, the experiments, this man, and his multi-billion dollar company have made through the years. Once, years ago, w...

Success is a lousy teacher. It seduces smart people into thinking they can’t lose.

If a mistake is not a stepping stone, it is a mistake.

If you board the wrong train, it is no use running along the corridor in the other direction.

A professional carpet-layer stepped back to admire his customary flawless work. While surveying the installed carpet, he reached into his shirt pocket for a cigarette and realized the pack was missing....

A stumble may prevent a fall.

Mistakes were made in communicating to the public and customers about the ingredients in our French fries and hash browns.

One of the most controversial decisions in Super Bowl history took place in the closing seconds of Super Bowl XLIX in 2015. The Seattle Seahawks, with twenty-six seconds remaining and trailing by four...

We know mistakes were made.

Any fool can learn from his mistakes. The wise man learns from the mistakes of others.

"A step backward, after making a wrong turn, is a step in the right direction."

Our errors are surely not such awfully solemn things. In a world where we are so certain to incur them in spite of all our caution, a certain lightness of heart seems healthier than this excessive ner...

Mistakes were quite possibly made by the administrations in which I served.

When you repeat a mistake, it is not a mistake anymore: it is a decision.

The point of discourse is to learn with and from one another. I used to tell my students that at least 20 percent of what I was telling them was wrong, but I didn't know which 20 percent it was: I...

Success is often the result of taking a misstep in the right direction.

“My mistakes are my life.” How It Is

(What’s the worst good news you’ve ever received? Here are a few that come to mind for me. “Mr. Halter, this is Bill from the Ford service department. I’ve got some good news for you. All the smoke y...

There is something to be said for every error; but, whatever may be said for it, the most important thing to be said about it is that it is erroneous.

There is an old story about a florist who mixed up two orders one busy day. One arrangement went to a new business that was opening, and the other went to a family who had a death. The man with the ne...

God does for you what Bill Tucker’s father did for him. Bill was sixteen years old when his dad suffered a health crisis and consequently had to leave his business. Even after Mr. Tucker regained his ...

We readily confess our little faults in order to suggest that we have no big ones.

To be told we are wrong is sometimes an embarrassment, even a humiliation. We want to run and hide our heads in shame. But there are times when finding out we are wrong is sudden and immediate relief,...

You want to cry aloud for your mistakes. But to tell the truth the world doesn't need any more of that sound.

Computers give rise to many amusing salutations that could also offend. Humorous examples include the legendary Mr. Obe, a fine old West African name that didn’t happen to belong to the recipient (OBE...

A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.