Entrepreneur

3 Secrets to a Sincere Apology

Leaders who apologize for their mistakes are actually perceived as stronger and more inspirational than those who don't acknowledge their mistakes, according to a study.
Source: Christian Gralingen
Christian Gralingen

You blew a critical deadline, lost a client, released a dud product or failed in some other way that wreaked havoc on your credibility, your business and your team. It happens. The question is: What now?

If you’re like a lot of , you’ll probably first try to cover up the problem or ignore it. A global study by The Forum Corporation found that only

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
Sunco Industries Co., Ltd
Following a record-breaking performance by its stock market, Japan topped off 2023 with a third straight quarter of improving business sentiment as its largest firms continued to grow more optimistic. In the Bank of Japan’s final ‘tankan’ survey of t
Entrepreneur2 min read
The Loss That Changed My Company
When I was 17, I founded a company to save police officers’ lives. We distribute and manufacture body armor and other protective equipment. And yet, I will admit: For the first eight years, this work felt abstract—like watching war unfold on the nigh
Entrepreneur2 min read
3 Ways to Build Real Businesses on the Side
If you have marketable skills, but you aren’t sure how to spin them into a business, try teaming up with someone from an entirely different industry. Together, you could pinpoint opportunities for innovation. That’s what Gene Caballero did. Back in 2

Related Books & Audiobooks