When to Admit "I messed up."

In today’s Startup Therapy Podcast, Wil and Ryan talk about admitting you made a mistake. Oftentimes, it becomes difficult for leaders, including founders to admit that they’ve made the wrong decision or chose the wrong option. It’s the kind of vulnerability that no one wants to show. But if leaders can’t admit that they are wrong, no one else in the organization will.  

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What to Listen For

• 00:00 Intro
• 00:09 Founders fundamentally mess up and that’s okay
• 04:54 The longer you admit that something’s wrong, the worse it gets
• 10:32 COVID pushed organizations to strategically respond to the situation
• 16:26 Make people understand why you made a mistake
• 20:49 If founders can’t admit that “I messed up”, no one else will
• 23:25 When something goes wrong, it matters how you talk about it
• 28:23 Vulnerability comes with issues, but comes with benefits as well