Growing the Money with Rich Lennon

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


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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/

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Growing the Money with Rich LennonBy Rich Lennon

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