Skip to content
Menu
Box Thoughts
  • Home
  • About Me
  • LinkedIn
Box Thoughts
January 5, 2017

Smart, successful people can also be wrong.

There’s a meme that hits LinkedIn every few months that is a picture of Theranos founder Elizabeth Holmes with the quote:

The minute you have a back-up plan, you’ve admitted you’re not going to succeed.

This quote started going around well before Theranos crashed and burned but picked up again because of their situations.

The point being you can find many great CEOs/founders/leaders that are wrong on a subject at some point in the past. Sometimes vocally, wildly and publicly wrong. Warren Buffett is not 100% in his financial plays. Steve Jobs failed at Apple before coming back as a savior. Yahoo was once bigger than Google.

There is a cult of success that sometimes throws up a blanket of “right-ness” around those that seem to live successfully. Reality is far different though. Success comes not from perfection, success comes from timing, process, skill and (more often than people care to admit) luck. If Google had been founded 3 years earlier on the east coast, would it be what it is today? I highly doubt it.

Don’t take your cues from standalone quotes of successful people. I’d much rather read a well-written biography than a quote-a-day calendar of inspirational business quotes.

Share this:

  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on X (Opens in new window) X
  • Share on WhatsApp (Opens in new window) WhatsApp
  • More
  • Share on Reddit (Opens in new window) Reddit
  • Share on Facebook (Opens in new window) Facebook
  • Email a link to a friend (Opens in new window) Email

Related

Leave a ReplyCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Workplace operations is about balancing static vs. dynamic delivery trade-offs.
  • Commercial real estate and Proptech are the antithesis of winner-takes-all industries
  • A tool for making shift management and occupancy easier
  • Seasonality matters in your CRE data
  • CBRE’s 2025 Americas Occupier Sentiment Survey report is a full encapsulation of the current corporate real estate conversation.

analysis bias change change program collaboration Communication CRE culture data decision making demand design experience failure fear finance flex flexibility future growth hybrid idea innovation leadership managing mandate metrics modeling people personal planning portfolio productivity program management quality relationships risk strategy success team technology trust WFH work Workplace

©2026 Box Thoughts | Powered by WordPress and Superb Themes!