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Episode 50: The Most Profitable Way to Handle a Big Mistake

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Manage episode 497531478 series 3647057
Content provided by Rich Lennon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rich Lennon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ever totally dropped the ball and had to face it head-on? Rich Lennon forgot his breakfast meetup. Yup, the one he organized and promoted. But instead of hiding from the embarrassment, he turned it into a masterclass on how to handle mistakes in business and life in a way that builds more trust, not less.

In this episode, Rich Lennon shares a real-life failure and walks through the 4 simple but powerful steps that can turn a mess-up into momentum. If you’re an entrepreneur, investor, or just a human being who makes mistakes (so… all of us), this is a must-listen.

You’ll Learn How To:

  • Own your mistakes without making excuses
  • Apologize in a way that builds respect and credibility.
  • Make things right—even when it costs you.
  • Turn an embarrassing slip into a relationship builder.
  • Handle private money mishaps like an actual pro.

Who This Episode Is For:

  • Entrepreneurs who want to build a reputation of integrity
  • Real estate investors manage relationships with lenders or partners.
  • Anyone who’s messed up and wants to learn how to recover with grace

Why You Should Listen:

Mistakes aren’t the end, they're often the beginning of deeper trust. The way you handle failure says more about your character than the mistake itself. This episode gives you a straightforward, human-centered approach to handling those challenging moments so you come out stronger, not smaller.

What You’ll Learn in This Episode:

[00:00] The breakfast mistake that inspired this episode

[01:00] Why trying to cover up your mess-up only makes it worse

[02:00] Step 1: Own it (no excuses)

[03:00] Step 2: Apologize sincerely

[04:00] Step 3: Make it right—even if it costs you

[05:00] Step 4: When to take the financial loss (and why it pays off later)

[06:30] How owning your mistakes wins trust (and future deals)

Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/

  continue reading

59 episodes

Artwork
iconShare
 
Manage episode 497531478 series 3647057
Content provided by Rich Lennon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rich Lennon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ever totally dropped the ball and had to face it head-on? Rich Lennon forgot his breakfast meetup. Yup, the one he organized and promoted. But instead of hiding from the embarrassment, he turned it into a masterclass on how to handle mistakes in business and life in a way that builds more trust, not less.

In this episode, Rich Lennon shares a real-life failure and walks through the 4 simple but powerful steps that can turn a mess-up into momentum. If you’re an entrepreneur, investor, or just a human being who makes mistakes (so… all of us), this is a must-listen.

You’ll Learn How To:

  • Own your mistakes without making excuses
  • Apologize in a way that builds respect and credibility.
  • Make things right—even when it costs you.
  • Turn an embarrassing slip into a relationship builder.
  • Handle private money mishaps like an actual pro.

Who This Episode Is For:

  • Entrepreneurs who want to build a reputation of integrity
  • Real estate investors manage relationships with lenders or partners.
  • Anyone who’s messed up and wants to learn how to recover with grace

Why You Should Listen:

Mistakes aren’t the end, they're often the beginning of deeper trust. The way you handle failure says more about your character than the mistake itself. This episode gives you a straightforward, human-centered approach to handling those challenging moments so you come out stronger, not smaller.

What You’ll Learn in This Episode:

[00:00] The breakfast mistake that inspired this episode

[01:00] Why trying to cover up your mess-up only makes it worse

[02:00] Step 1: Own it (no excuses)

[03:00] Step 2: Apologize sincerely

[04:00] Step 3: Make it right—even if it costs you

[05:00] Step 4: When to take the financial loss (and why it pays off later)

[06:30] How owning your mistakes wins trust (and future deals)

Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/

  continue reading

59 episodes

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