My Favorite Mistake: Learning Without Blame in Business and Leadership

Mark Graban Podcasts
Mark Graban Podcasts
  • 4.9 (42)
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My Favorite Mistake is a podcast about learning without blame in business and leadership. Despite the name, it’s not just my favorite mistake—it’s yours, it’s ours, and it’s what we can all learn from when things don’t go as planned. Hosted by author and consultant Mark Graban, each episode features honest conversations with leaders, executives, entrepreneurs, and changemakers about a meaningful mistake they made—and what they learned after things went wrong. How they responded. How they improved. How they grew as leaders. This isn’t a show about failure theater, gotcha moments, or simplistic “lessons learned.” It’s about how real people reflect, improve, and lead better in complex organizations—without scapegoating, shame, or hindsight bias. What You’ll Hear • Leadership and management mistakes that reshaped careers, teams, and organizations • How teams and leaders learn without blaming individuals • Insights about culture, systems, decision-making, and psychological safety • Practical lessons drawn from real experience, not abstract theory Guests come from business, healthcare, technology, sports, entertainment, government, and academia, sharing stories that reveal how learning actually happens. The Perspective Mark brings a systems-thinking lens grounded in Lean management, continuous improvement, and psychological safety. The focus is less on who messed up and more on what the system taught us. Who This Podcast Is For • Leaders and managers who want to learn from mistakes without blame • Executives working to build healthier, more resilient cultures • Professionals who believe improvement starts with reflection, not punishment My Favorite Mistake: Learning Without Blame in Business and Leadership

  1. 4d ago

    Succession Planning Is a Journey, Not an Event -- with Andrea Carpenter and Elizabeth Ledoux

    Andrea Carpenter and Elizabeth Ledoux, co-founders of The Transition Strategists, were mid-negotiation on a business succession deal -- Andrea buying into Elizabeth's business -- when Andrea found out she was pregnant. The pregnancy wasn't the mistake. The mistake, as Andrea describes it, was her own rigidity: treating the closing of the deal as a fixed event that had to happen on schedule, instead of one point in an ongoing process. In this episode, Andrea and Elizabeth unpack what changed when they let go of that mindset, and what it taught them about succession more broadly. They talk candidly about being opposite personality types -- Andrea a planner, Elizabeth an adapter -- and how that tension shapes their partnership. They also share the two mistakes they see most often when family businesses transition ownership: starting too late, and leaving the successor out of the design process. Episode page with video, transcript, links, and more If you're navigating a leadership transition, planning to bring in a successor, or thinking about what comes after you step back from something you built, this conversation offers a practical framework for treating that process as a journey worth designing carefully, rather than a deadline to hit.

    Succession Planning Is a Journey, Not an Event -- with Andrea Carpenter and Elizabeth Ledoux

  2. Jul 13

    A Touch of the Madness: Big Bets, Mistakes, and Trusting Your Gut -- with Larry Kasanoff

    Larry Kasanoff has produced more than 200 films, including Terminator 2, True Lies, and the Mortal Kombat franchise. So it's fitting that one of the most useful lessons of his career came from a kid on a set tour. Episode page with links, video, and more Larry had decided to redesign the Mortal Kombat character Kano, dropping his metallic eye because it felt too close to the Terminator's exoskeleton. A junior-high student touring the set saw the new design and had a full-blown panic attack over the change. As Larry puts it, "My mistake hit me. My audience point-blank told me what to do." He had been designing for himself, not for the people who loved the character. He changed Kano back that day, and the character is still going strong decades later. That tension between an artist's instinct and what the audience actually wants runs through the whole conversation. Larry and Mark get into the bet-your-job decision behind Platoon, why an idea everyone instantly loves should make you nervous, and the 3D network that folded in six months because it chased technology with no real idea underneath it -- and what all of that says about the rush to make decisions by algorithm. A candid, funny, and useful conversation about creativity, risk, and the discipline of knowing when to trust your gut and when to listen.

    A Touch of the Madness: Big Bets, Mistakes, and Trusting Your Gut -- with Larry Kasanoff

  3. Jul 6

    The Amazon Mistake That Erased Her Income Overnight - with Wiebke Tasch

    Publishing strategist Wiebke Tasch had built a bestselling book and a comfortable full-time income on Amazon -- enough to quit her PR job. Then one morning an automated email told her she had violated Amazon's terms, and both of her accounts and all of her books were deleted. No warning, no explanation, no human to appeal to. Her mistake: she had opened two accounts, one for a pen name and one under her real name, not knowing Amazon allows only one per person. Episode page with video, links, and more That is Wiebke's favorite mistake, and losing everything turned out to be the start of her company, Digital Authors. In this episode, she shares how she rebuilt and what the experience taught her about never building a livelihood on a platform you do not control. We also get practical about publishing as a system: why book structure should start with market demand rather than your own wish list, why the first five days after launch shape an Amazon book's entire future, and how to spot the predatory "buy reviews" emails that prey on anxious authors. Wiebke is candid about AI, too -- a useful tool for proofreading and getting unstuck, but a fast track to forgettable, same-sounding books when it replaces your own voice. If you are an expert thinking about writing a book, or you just want a sharp reminder to own your audience instead of renting it, this one is worth your time.

    The Amazon Mistake That Erased Her Income Overnight - with Wiebke Tasch

  4. Jun 8

    The Lawyer Mistake That Nearly Killed a Deal: CEO Mike Grossman

    To save a few thousand dollars in legal fees, six-time Silicon Valley CEO Mike Grossman decided to act as his own lawyer on a routine distribution contract. Years later, when Dun & Bradstreet moved to acquire his company, he reread that contract and realized a single ambiguous sentence could be read to block any sale without his competitor's permission. His board told him not to worry. His mentor, Bill Campbell -- the "trillion-dollar coach" -- told him the board was wrong and that he had to fix it fast. Episode page with video, links, and more  That story is Mike's favorite mistake, and it opens a candid conversation about what running a startup actually feels like when the cameras are off. Mike is the author of the new book Failure Is an Option: Reflections of a Silicon Valley CEO, and he doesn't filter out the hard parts. We get into why the most common layoff mistake is cutting too little rather than too much, how staged cuts become a "death by a thousand cuts" that erodes a leader's credibility, and why luck and timing often matter more than the Silicon Valley meritocracy myth admits. Mike also makes a practical case for radical transparency -- about finances, lost deals, and failures -- as the way leaders earn the trust they'll need when things get hard. If you lead a team and want an honest look at decision-making, psychological safety, and learning from mistakes, this one's for you.

    The Lawyer Mistake That Nearly Killed a Deal: CEO Mike Grossman

  5. Jun 1

    Why Speaking Up Backfired Early in Her Career -- with Kate Lowry

    Kate Lowry was fresh out of college and working at McKinsey when she saw a colleague do something she believed was seriously wrong -- something that could constitute blackmail, with another employee's ability to stay in the country hanging in the balance. Her instinct was immediate and absolute: this is wrong, and I'm going to tell everyone. She reported it and criticized the person sharply in reviews. Episode page for video, links, and more It backfired. She got marked down for not being a "team player" and carried that mark on her record for the rest of her time at the firm. The lesson Kate draws isn't that she should have stayed silent. It's that good intentions and zeal are not the same as effective action. The best ways to help people, she found, are often more sophisticated -- and when you're up against sophisticated actors who hold power over you, you need to bring equal sophistication. Kate is a CEO coach, venture capitalist, and author of Unbreakable: How to Thrive Under Fear-Based Leaders. In this episode, she and host Mark Graban get into the difference between high standards and fear-based leadership, why psychological safety is about mutual trust rather than comfort, and how the quiet, "West Coast nice" version of fear-based leadership is harder to spot than the cartoonish yelling kind. Kate also explains her concept of reading a leader's "emotional age" to predict their behavior, and offers practical tactics for anyone stuck under a leader who rules through fear.

    Why Speaking Up Backfired Early in Her Career -- with Kate Lowry

  6. May 26

    A 40-Page Business Plan Is Not a Strategy -- Eric Ries on His First Startup, Incorruptible, and What "Best Practices" Get Wrong

    Eric Ries had a 40-page business plan. An Excel model so complicated it would crash Excel. A team of elite students, real investors, and a working product. What he didn't have was a strategy -- and he didn't realize it until after the startup collapsed. Episode page with video, links, and more The moment of clarity came in a Boston job interview. A panel of consultants asked what he'd learned. He gave them practical tips. They told him that wasn't strategy. Sitting there, he realized he didn't actually know what the word meant. That category error -- mistaking a polished plan for a strategy -- is the mistake that eventually became The Lean Startup. In this episode, Eric traces the line from that dorm-room failure to his new book, Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great. He argues that many of the so-called best practices founders are trained to follow aren't pillars of capitalism at all -- they're modern inventions with a poor track record. We get into the Whole Foods unraveling and why John Mackey couldn't simply cut prices, the prehistory of Costco through Sol Price's fiduciary duty to the customer, and what Jim Sinegal built into Costco's governance that has held for four CEOs and forty years. We also look at Novo Nordisk's industrial foundation structure -- a hundred-year-old design that makes companies six times more likely to survive fifty years -- and why most founders have never heard of it. A conversation about strategy, structure, and the quiet ways good companies go bad.

    A 40-Page Business Plan Is Not a Strategy -- Eric Ries on His First Startup, Incorruptible, and What "Best Practices" Get Wrong

  7. May 18

    Getting Too Close to What You Love: Joe Hennes (Tough Pigs) on Working at Sesame Workshop

    Joe Hennes runs Tough Pigs, the premier Muppet fan site, and for years he also worked at Sesame Workshop -- the dream company he had been writing about since 2006. In this conversation, Joe is unusually candid about what it actually costs to merge fandom and profession. Episode page with video, links, and more: http://markgraban.com/mistake352 He explains why he kept his Sesame job quiet, what changed when he saw "how the sausage is made," and how being laid off from the place he had always wanted to be reshaped his relationship with the work. He also walks through how Tough Pigs broke the Steve Whitmire/Kermit performer story in 2017, why he resists the rah-rah instinct most fan sites default to, and why he thinks the new 50th anniversary Muppet Show special worked when so many recent reinventions did not. Along the way, Joe and Mark get into the marketing miscalculations behind Muppets Most Wanted, the case for more Muppet specials instead of full seasons, and the genuine joy you can see on a celebrity's face when they get to share a chair with Kermit. For leaders, it's a thoughtful look at the cost of fusing identity with employer -- and what it takes to keep enough distance from the things you love to think clearly about them.

    Getting Too Close to What You Love: Joe Hennes (Tough Pigs) on Working at Sesame Workshop

  8. May 11

    Stop Chasing Results, Start Pursuing Peace of Mind - with Deborah Coviello

    Deborah Coviello has spent her career walking into businesses with quality crises and operational pressure, and walking out with stronger leaders behind her. In this conversation with Mark Graban, she shares the favorite mistake that taught her one of her most lasting lessons. Episode page with links and more At a global leadership meeting, Deb presented her plan to turn around the worst-performing region in her company by leading differently rather than firefighting harder. Her peers loved it. Her boss told her she had spent too much time on her leadership style and not enough on tactics. She left the room deflated. Eighteen months later, her region had moved from fourth out of four to second - by focusing on her people's confidence, capability, and capacity instead of working them harder. The deeper mistake, she tells Mark, wasn't the presentation itself. It was skipping the change management step of running her new thinking past her boss first - and later, staying in a role longer than she should have because the title felt like security. The conversation also covers her lift-light-lead framework, why "you shouldn't have said that" is the wrong response to an employee speaking up, and the argument behind her new book: peace of mind is a leadership outcome worth more than the next quarter's results.

    Stop Chasing Results, Start Pursuing Peace of Mind - with Deborah Coviello
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4.9
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About

My Favorite Mistake is a podcast about learning without blame in business and leadership. Despite the name, it’s not just my favorite mistake—it’s yours, it’s ours, and it’s what we can all learn from when things don’t go as planned. Hosted by author and consultant Mark Graban, each episode features honest conversations with leaders, executives, entrepreneurs, and changemakers about a meaningful mistake they made—and what they learned after things went wrong. How they responded. How they improved. How they grew as leaders. This isn’t a show about failure theater, gotcha moments, or simplistic “lessons learned.” It’s about how real people reflect, improve, and lead better in complex organizations—without scapegoating, shame, or hindsight bias. What You’ll Hear • Leadership and management mistakes that reshaped careers, teams, and organizations • How teams and leaders learn without blaming individuals • Insights about culture, systems, decision-making, and psychological safety • Practical lessons drawn from real experience, not abstract theory Guests come from business, healthcare, technology, sports, entertainment, government, and academia, sharing stories that reveal how learning actually happens. The Perspective Mark brings a systems-thinking lens grounded in Lean management, continuous improvement, and psychological safety. The focus is less on who messed up and more on what the system taught us. Who This Podcast Is For • Leaders and managers who want to learn from mistakes without blame • Executives working to build healthier, more resilient cultures • Professionals who believe improvement starts with reflection, not punishment My Favorite Mistake: Learning Without Blame in Business and Leadership

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