5 Lessons I Learned Through Failure
Erik Throndsen, MS
?? Passionate about Innovation & Sustainability | Creating Solutions for a Better Future ?? | Purposeful Business Transformation
Ever launched a product or initiative you thought would be an instant hit—only to watch it fall flat? I’ve been there, and it’s never fun. Believe me. But after more than 20 years in innovation, I’ve realized that failure is a better teacher than success. By examining what went wrong and why, I’ve grown into a more adaptive and understanding leader.
Below, I’d like to share five big missteps I made and the insights they gave me (and my teams) to become stronger and more prepared for the next challenge.
1. Thinking You Know the Consumer
What Happened: Early in my career, I launched a sparkling tea product that seemed perfect on paper. Unfortunately, I didn’t get enough real feedback from consumers. This internal echo chamber led to underwhelming sales, and the product quietly disappeared from shelves, though the discussions in my office were quite loud.
What I Learned:
2. Micromanaging a High-Potential Team
What Happened: Under pressure to fix a product glitch with big retailer orders on the line, I controlled every detail and missed chances to involve other departments. My team felt stifled, creativity dipped, and we lost the chance for a faster, more innovative solution. I also robbed them of ownership and accountability.
What I Learned:
3. Underestimating Connections
What Happened: I launched a cost-efficiency program without involving key players, from finance to operations. This caused confusion and wasted time. Luckily, after honest talks and better alignment, we salvaged the program and got it back on track.
What I Learned:
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4. Avoiding Tough Conversations
What Happened: While launching a high-profile product line, I knew our co-manufacturer was struggling but assumed the team had it covered. Instead of proactively checking in and confirming the plan, I waited too long. That turned out to be a big mistake—launch dates were missed, frustration grew, and our partnership took a hit.
What I Learned:
5. Resisting a New Approach
What Happened: Midway through a major reorganization, I failed to see how quickly everything around me was changing. I clung to old habits, while others embraced the new direction, and that left me behind. It also caused friction on the team and slowed my growth.
What I Learned:
Key Takeaways
Conclusion: A Call to Action
Failure will happen—it’s how we handle it that sets us apart. By treating setbacks as opportunities to learn, we come out stronger on the other side. Whether you’re rolling out a new product, refining a process, or guiding a team through change, these lessons can help you lead with adaptability and empathy.
What about you? Have you experienced a professional failure that turned into a turning point? Share your story in the comments—you never know who you might help.
About the Author
Erik Throndsen, MS is an executive leader focused on innovation and sustainability, with more than 20 years of experience in product development and cross-functional leadership. He loves building teams and solving problems to drive responsible growth. If you want to swap stories or compare notes on when things didn’t go as planned, feel free to reach out!
Fueling Business Performance through Data & AI-Powered Solutions
1 个月Thanks for sharing Erik! Truly insightful, appreciate your transparency. One area I'm (still) working on is seeking out raw feedback on my ideas and performance, and taking an analytical view on how I can improve as a result.