My Favorite Mistake: Business Lessons from Failures and Success
Unlock Leadership Excellence: Tune into “My Favorite Mistake” with Mark Graban Are you a leader aiming to boost effectiveness, insight, and innovation? Join Mark Graban on ”My Favorite Mistake” (and no, it’s not the Sheryl Crow song), where top business minds, C-suite executives, and industry innovators share their pivotal mistakes and the powerful lessons they’ve learned. The Concept Embrace the transformative power of mistakes. Discover how errors can fuel leadership growth and creative problem-solving, turning each misstep into a masterclass in improvement and innovation. The Stories Dive into captivating interviews with international entrepreneurs, tech pioneers, accomplished athletes and entertainers, healthcare leaders, and award-winning authors. Each guest reveals how their significant mistakes shaped their careers and led to groundbreaking insights. The Breadth Explore a wide range of topics, from leadership psychology and organizational culture to process innovation and sustainability. Gain valuable perspectives to navigate the ever-changing business landscape. The Approach Guided by Mark Graban, an author and seasoned consultant, each episode delves into Lean Management (based on the Toyota Production System) and psychological safety, uncovering strategies for individuals and organizations to learn from their mistakes. Why Subscribe? Engage with Thought-Provoking Dialogues: Challenge conventional wisdom and explore new perspectives. Access Tools and Frameworks: Gain actionable insights for a competitive edge. Discover Innovative Opportunities: Learn how to turn mistakes into catalysts for innovation. Develop Emotional Intelligence and Resilience: Enhance your leadership skills and agile thinking. Transform your approach to leadership and success. Subscribe to “My Favorite Mistake” today and embark on a journey of relentless improvement through the power of learning from mistakes.
Episodes
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Sunday Jul 11, 2021
From a 9-to-5 Job to the Pit of Despair Before Success: John Paragon
Sunday Jul 11, 2021
Sunday Jul 11, 2021
Business coach from the UK
Show notes and links: https://www.markgraban.com/mistake84
My guest for Episode #84 of the My Favorite Mistake podcast is John Paragon, a business coach based in the UK — John is focused on coaching struggling fathers on discovering and launching their ideal business in 30 days. His website is www.paragonhustle.com.
Warning and disclaimer: There is a brief mention of the sensitive subject of suicide. If you are struggling, help is available Speak with someone today by calling the National Suicide Prevention Lifeline at 800-273-8255.
Why did he leave a 9-to-5 job to end up in a “pit of despair” before finding more success and fulfillment? Why was he nicknamed “Honest John” when selling cars at a dealer and why was he a bad fit for having that trait of honesty? How has he succeeded in spite of dropping out of school at age 14? Why does he think every person should develop some sort of “side hustle”? Why does he focus specifically on coaching young fathers with starting businesses?
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Wednesday Jul 07, 2021
Studying Too Much and Suffering Health Consequences: Sabrina Malter
Wednesday Jul 07, 2021
Wednesday Jul 07, 2021
Manager of Strategy & Organizational Change
My guest for Episode #83 of the My Favorite Mistake podcast is Sabrina Malter, a Manager of Strategy and Organizational Change at Roche Diagnostics (in Germany).
Show notes: https://www.markgraban.com/mistake83
Today, Sabrina shares two "favorite mistake" stories. One is about studying too much and not taking care of herself to the point that she lost her hearing for a period and suffered from short-term memory loss. How has she learned to notice the early warning signs of such overwork and stress? Her second story is about "playing it safe too much" and how "courage" was her theme for the year 2020.
We also talk about creating a workplace culture where it's safe to talk openly about mistakes, something we both agree is incredibly important. What happened when, as a fan of this podcast, she asked a new executive what his favorite mistake was?
And, does she know what the word "verschlimmbesserung" means? She does and she'll explain what it means to her.
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Monday Jul 05, 2021
The Customer Wanted ONE Person to Blame: Kyle Kumpf
Monday Jul 05, 2021
Monday Jul 05, 2021
Entrepreneur and financial services process improvement leader
Show notes: https://www.markgraban.com/mistake82
My guest for Episode #82 of the My Favorite Mistake podcast is Kyle Kumpf. He has founded a few businesses, has been a consultant, and is currently working in the financial services industry. Kyle has a bachelor's degree in packaging engineering technology from Indiana State University.
Like me, he's been deeply involved in process improvement work (Lean Six Sigma) and his current mission is "ending human suffering as it relates to process in Financial Services."
In this episode, Kyle talks about his "favorite mistake" involving a time when he "disobeyed one of his personal values" -- the customer wanted someONE to blame, and he wrote up an employee. Why did he regret this action and how did he realize it was a mistake? We talk about that, mistakes related to his passion of playing golf, and more.
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Wednesday Jun 30, 2021
How Complacency Threatened CEO Aya Shlachter’s Design & Architecture Business
Wednesday Jun 30, 2021
Wednesday Jun 30, 2021
Mom, wife, entrepreneur, speaker, and CEO of MGS Global Group
Show notes: https://www.markgraban.com/mistake81
My guest for Episode #81 of the My Favorite Mistake podcast is Aya Shlachter, a mom, wife, entrepreneur, speaker, and CEO of MGS Global Group, a built environment, architectural and graphic design consulting firm serving the creative industry. Her team specializes in architectural support, graphics production support, and design consulting services in the retail, residential and hospitality sectors for leading brands, including Coach, Michael Kors, Tory Burch, and many restaurants.
Aya also runs the Architect My Life program, where she helps female creative entrepreneurs and CEOs like architects and designers scale to seven figures in 12 months or less while enjoying more out of life along the way. She will also be launching a podcast of the same name.
Aya earned a Master’s degree in Architecture and Urban Design from Columbia University and a Bachelor’s degree in Architecture from the New Jersey Institute of Technology.
In this episode, Aya shares her favorite mistake about getting complacent in the early days of a business that was going really well… until it was not. Why was the business on “autopilot” and what problems did that cause? Thankfully, early recognition of the mistake prevented bigger problems.
Other topics and questions:
Mistakes in setting up her website?
Systems in place to prevent cashflow blindness?
Covid challenges — hold out or pivot?
Creating a system to look for blind spots / need to pivot?
Mistakes retailers make in store design?
Mistakes entrepreneurs make?
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Monday Jun 28, 2021
Monday Jun 28, 2021
Founder of “The Aperio” and author of The Only Leaders Worth Following
Show notes: https://www.markgraban.com/mistake80
My guest for Episode #80 of the My Favorite Mistake podcast is Tim Spiker, founder of his company The Aperio and author of the book The Only Leaders Worth* Following: Why Some Leaders Succeed, Others Fail, and How the Quality of Our Lives Hangs in the Balance.
Other topics and questions:
What does the word “Aperio” mean with your company name?
What is the “who* not what principle”?
“3/4 of effectiveness as a leader is who you are, not what you do”
What are the four steps of empathy?
The book — what does the asterisk next to Worth mean?
How do you choose a leader worth following? Mistakes people make in choosing to follow leaders?
What are the effects of poor leadership on relationships and health?
Implications for hiring or promoting?
Rationalizing bad behavior or thinking you HAVE to be a jerk to be successful (Steve Jobs?)
Why do leaders want to do new things without changing how they are?
Leaders reacting to mistakes? How should they?
Humility in leaders is a magnet… trust
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Thursday Jun 24, 2021
Not Knowing How to Write a Resume: Dr. Noor Ali
Thursday Jun 24, 2021
Thursday Jun 24, 2021
Health insurance advisor, physician, and surgeon
Show notes: https://www.markgraban.com/mistake79
My guest for Episode #79 of the My Favorite Mistake podcast is Dr. Noor Ali, a physician from Bangladesh who struggled to find a job here in the U.S. She describes herself as a “passionate and strong-willed mother, wife, doctor, researcher, entrepreneur, and champion of women in science who want it all.”
In this episode, she'll talk about her resume writing mistakes and she'll talk about the role she has embraced as a health insurance advisor here in the U.S. Dr. Ali will talk about mistakes that entrepreneurs and other people make when it comes to health insurance. We'll also discuss opportunities for improvement in the U.S. health system and her views on those who say it's a mistake to "want it all" as a professional woman.
Find Dr. Ali on Social Media:LinkedInTwitterInstagramYouTubeFacebook
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Monday Jun 21, 2021
Being Careless with a Crocodile Changed Ron Magill’s Life for the Better
Monday Jun 21, 2021
Monday Jun 21, 2021
Zoologist, and Communicators Director, Zoo Miami
Show notes and links: https://www.markgraban.com/magill
My guest for this BONUS episode of the My Favorite Mistake podcast is Ron Magill, the communications director for the Miami-Dade Zoological Park and Gardens (or Zoo Miami) — he’s a zoologist and his “favorite mistake” story is one that only a zoologist could tell.
I recently did another bonus episode with five personalities from the Dan Le Batard Show with Stugotz. Ron is a weekly guest each Tuesday on their show. For that original bonus episode, I encouraged people to make donations to the Ron Magill Conservation Endowment, as I did. I hope you'll consider doing the same and it's a great cause.
Today, Ron shares a story about how being young and cocky and careless with a crocodile managed was a "favorite mistake" because it happened for a reason... and it made his life better!
I was able to get this story via the Cameo app and you can also buy a personalized message from him there, if you like.
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Sunday Jun 20, 2021
Learning Not to Make the Client Look Terrible: Jeff Gothelf
Sunday Jun 20, 2021
Sunday Jun 20, 2021
Author of books including FOREVER EMPLOYABLE: How to stop looking for work and let your next job find you
Show notes: https://www.markgraban.com/mistake78
My guest for Episode #78 of the My Favorite Mistake podcast is Jeff Gothelf, author of books including Sense and Respond, Lean UX, and Lean vs Agile vs Design Thinking. His latest book is FOREVER EMPLOYABLE: How to stop looking for work and let your next job find you.
Recently, he co-founded Sense & Respond Press, a publishing house for modern, transformational business books.
Today, we hear his "favorite mistake" story from his first consulting gig. Why did he end up making the client look terrible in front of their bosses? And what did he learn from that incident to make sure he never does that again?
Questions and topics include:
Job search mistakes
Reducing the “panic” that comes with company uncertainty
Building a safety net around yourself
Pull opportunities to you - grow your presence
Startup mistakes - wasting time and money on ideas that don't work
Why the magic ingredient is humility
Find Jeff on Social Media:LinkedInTwitter
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Wednesday Jun 16, 2021
Merging Consulting Firms With Her Husband: Moe Carrick
Wednesday Jun 16, 2021
Wednesday Jun 16, 2021
CEO of Momentum, Inc.
Show notes, enter to win her books, and more: https://www.markgraban.com/mistake77
My guest for Episode #77 of the My Favorite Mistake podcast is Moe Carrick, the CEO of her company, Momentum, Inc. She is a best-selling author, consultant, relentless optimist, and bee keeper. Yes, I'll ask her about that last part. Moe has a new podcast coming soon called Work: Beyond HR.
Moe is the author of two books, and you can enter a contest to win both of them:
Fit Matters: How to Love Your Job
Bravespace Workplace: Making Your Company Fit for Human Life
In today's episode, Moe shares her favorite mistake — a story about merging her consulting firm with the consulting company of her second (and current) husband. Why was this a mistake? How did she learn it was a mistake and what did she do about that? We'll talk about her lessons learned and more.
Other topics and questions:
Why didn't she listen to the coach that she and her husband hired?
Was it a “merger of equals”?
How often is “bad employee” a matter of “bad fit”?
How can straight, white people be an effective and graceful ally to people of color or the LGBTQ+ communities?
White men as full diversity partners?
My wife's blog post that I mentioned
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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Sunday Jun 13, 2021
Not Going to the Boss for Help on the Late Project: Matt Boos
Sunday Jun 13, 2021
Sunday Jun 13, 2021
Director of Strategy for The Industrious
https://www.markgraban.com/mistake76
My guest for Episode #76 of the My Favorite Mistake podcast is Matthew Boos. We were classmates in elementary school back in our hometown of Livonia, Michigan. Now, he is the Director of Strategy for The Industrious and he's the keyboard player for Blizzard of Ozzy, a Black Sabbath Tribute band.
In today's episode, Matt shares his favorite mistake story from a time when he was working for a major telecommunications company. A project was behind schedule ("in the red") and he and his project co-leader weren't forthcoming about that. Matt says he literally thinks about this ordeal every single day -- it's influenced him and he's learned from it. How has this influenced him as a leader? Listen and find out.
This podcast is part of the Lean Communicators network.
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Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support
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About Mark Graban
Mark Graban is an author, speaker, and consultant, whose latest book, The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation, is available now.
He is also the author of the award-winning book Lean Hospitals: Improving Quality, Patient Safety, and Employee Engagement and others, including Measures of Success: React Less, Lead Better, Improve More.
He serves as a consultant through his company, Constancy, Inc, and is also a Senior Advisor for the technology company KaiNexus.
Mark hosts podcasts, including “Lean Blog Interviews” and “My Favorite Mistake.”
Education: B.S. in Industrial Engineering from Northwestern University; M.S. in Mechanical Engineering, and M.B.A. from the Massachusetts Institute of Technology’s Leaders for Global Operations Program.