--- title: "Meaning & Key Takeaway of: People and companies make mistakes. I…" description: "\"People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.\" — ..." image: "https://sms4smile.com/quotes/i/3e7/jamie-dimon-1320_failure_people-and-companies-make-mistakes-i-gua_2391210.png" --- # People and companies make mistakes. I guarantee we'll make… ![“People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.” quote by Jamie Dimon](https://sms4smile.com/quotes/i/3e7/jamie-dimon-1320_failure_people-and-companies-make-mistakes-i-gua_2391210.png) [Download](https://sms4smile.com/quotes/i/3e7/jamie-dimon-1320_failure_people-and-companies-make-mistakes-i-gua_2391210.png) [Open image](https://sms4smile.com/quotes/i/3e7/jamie-dimon-1320_failure_people-and-companies-make-mistakes-i-gua_2391210.png) > “People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.” [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Mistakes are inevitable in business; acknowledging them openly reduces fear and promotes learning. **In simple terms:** Businesses will err; owning mistakes helps improve. Key Takeaway Accept errors, learn, and aim to reduce them. Themes business risk management learning culture Mood pragmatic optimistic Type leadership motivational When to use this quote - quarterly reviews - team debriefs - risk assessments Key Concepts error analysis continuous improvement Questions to Reflect On - What systems help turn errors into growth? - How to balance accountability with encouragement? A Different Perspective Overemphasis on mistakes can demoralize staff. ★ ★ ★ ★ ★ No ratings yet [Failure](https://sms4smile.com/quotes/about/failure/) [Mistake](https://sms4smile.com/quotes/about/mistake/) [Mistakes](https://sms4smile.com/quotes/about/mistakes/) [People](https://sms4smile.com/quotes/about/people/) ## Related quotes > [No one knows anything. You're going to make mistakes and you're going to do things that people think are stupid. You can't sit there…](https://sms4smile.com/quotes/bill-hader/no-one-knows-anything-you-re-going-to-make-mistakes-and-you-re-going/) [Bill Hader](https://sms4smile.com/quotes/author/bill-hader/) > [“This actually isn't a boohoo entry about my baggage. It is meant to be a 'learn from the mistakes of others'. Hopefully my 'duh'…](https://sms4smile.com/quotes/jordan-m-alexander/this-actually-isn-t-a-boohoo-entry-about-my-baggage-it-is-meant-to-be/) [Jordan M. Alexander](https://sms4smile.com/quotes/author/jordan-m-alexander/) > [Treat people who make mistakes the way you would want GOD to deal with you when you make a mistake.](https://sms4smile.com/quotes/ritu-ghatourey/treat-people-who-make-mistakes-the-way-you-would-want-god-to-deal/) [Ritu Ghatourey](https://sms4smile.com/quotes/author/ritu-ghatourey/) > [Everybody makes mistakes. You have to be careful when you make your mistakes. Now is not a good time to make a mistake.](https://sms4smile.com/quotes/nick-markakis/everybody-makes-mistakes-you-have-to-be-careful-when-you-make-your/) Nick Markakis > [The galleries are full of critics. They play no ball, they fight no fights. They make no mistakes because they attempt nothing. Down in…](https://sms4smile.com/quotes/david-m-shoup/the-galleries-are-full-of-critics-they-play-no-ball-they-fight-no/) [David M. Shoup](https://sms4smile.com/quotes/author/david-m-shoup/) > [It is not important NOT to make mistakes, but the mistakes to be small](https://sms4smile.com/quotes/carlos-slim/it-is-not-important-not-to-make-mistakes-but-the-mistakes-to-be-small/) [Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/) > [If only we could live two lives: the first in which to make one's mistakes, and the second in which to profit by them.](https://sms4smile.com/quotes/d-h-lawrence/if-only-we-could-live-two-lives-the-first-in-which-to-make-one-s/) [D. H. Lawrence](https://sms4smile.com/quotes/author/d-h-lawrence/) > [I don't want to make the same mistakes of being swept along with things, taking on jobs that I'm not passionate about, that I…](https://sms4smile.com/quotes/kelly-brook/i-don-t-want-to-make-the-same-mistakes-of-being-swept-along-with/) [Kelly Brook](https://sms4smile.com/quotes/author/kelly-brook/) > [Were not perfect. we make mistakes, but then we need to learned the lesson for what is right and what is wrong then we…](https://sms4smile.com/quotes/mhay/were-not-perfect-we-make-mistakes-but-then-we-need-to-learned-the/) Mhay > [It's only those who do nothing that make no mistakes, I suppose.](https://sms4smile.com/quotes/joseph-conrad/it-s-only-those-who-do-nothing-that-make-no-mistakes-i-suppose/) [Joseph Conrad](https://sms4smile.com/quotes/author/joseph-conrad/) > [{MONEY & WOMEN} The HUGE Reasons To Make MISTAKES In LIFE! Piece Of Advice, Be Careful Mate](https://sms4smile.com/quotes/abiodun-t-olaonipekun/money-women-the-huge-reasons-to-make-mistakes-in-life-piece-of-advice/) Abiodun T Olaonipekun > [“People make mistakes.”](https://sms4smile.com/quotes/lauren-barnholdt/people-make-mistakes/) [Lauren Barnholdt](https://sms4smile.com/quotes/author/lauren-barnholdt/) > [Look, we are human, we make mistakes. I will gladly shout from the rooftops that I am not perfect. Nor will I ever be.](https://sms4smile.com/quotes/dianna-agron/look-we-are-human-we-make-mistakes-i-will-gladly-shout-from-the/) [Dianna Agron](https://sms4smile.com/quotes/author/dianna-agron/) > [If we make mistakes, as we all do - don't run from God, run to Him.](https://sms4smile.com/quotes/t-b-joshua/if-we-make-mistakes-as-we-all-do-don-t-run-from-god-run-to-him/) [T. B. Joshua](https://sms4smile.com/quotes/author/t-b-joshua/) > [When you make mistakes during routines, it's not easy getting through them.](https://sms4smile.com/quotes/alicia-sacramone/when-you-make-mistakes-during-routines-it-s-not-easy-getting-through/) [Alicia Sacramone](https://sms4smile.com/quotes/author/alicia-sacramone/) ## More by Jamie Dimon > [I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster.…](https://sms4smile.com/quotes/jamie-dimon/i-think-if-we-had-another-set-of-policies-for-not-the-crisis-years/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…](https://sms4smile.com/quotes/jamie-dimon/i-learn-from-all-our-major-competitors-whether-they-re-in-or-out-of/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to…](https://sms4smile.com/quotes/jamie-dimon/the-united-states-has-the-best-deepest-widest-and-most-transparent/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [People always say to me, "What if it doesn't work?" If it doesn't work, we redouble our effort. We're not going to cry like…](https://sms4smile.com/quotes/jamie-dimon/people-always-say-to-me-what-if-it-doesn-t-work-if-it-doesn-t-work-we/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools…](https://sms4smile.com/quotes/jamie-dimon/we-ve-made-a-huge-effort-globally-and-in-the-us-in-getting-kids-jobs/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [You know, the benefit in life is to say, 'Maybe you made a mistake, let's dig deep.](https://sms4smile.com/quotes/jamie-dimon/you-know-the-benefit-in-life-is-to-say-maybe-you-made-a-mistake-let-s/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We…](https://sms4smile.com/quotes/jamie-dimon/jp-morgan-always-has-higher-capital-liquidity-that-is-partially-to/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good…](https://sms4smile.com/quotes/jamie-dimon/trade-is-very-good-for-the-country-it-s-very-good-for-the-gdp-it-s/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.](https://sms4smile.com/quotes/jamie-dimon/i-ve-asked-our-people-why-don-t-we-just-put-a-revolver-on-top-of-our/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for…](https://sms4smile.com/quotes/jamie-dimon/as-a-matter-of-fact-25-of-our-u-s-investment-banking-business-comes/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ Not every company went bankrupt. Not every bank needed TARP \[Troubled Asset Relief Program\]. So I'm very proud that JPMorgan, throughout that time period,… ](https://sms4smile.com/quotes/jamie-dimon/not-every-company-went-bankrupt-not-every-bank-needed-tarp-troubled/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I do want the tax system to be efficient and be conducive to growth, which it is not.](https://sms4smile.com/quotes/jamie-dimon/i-do-want-the-tax-system-to-be-efficient-and-be-conducive-to-growth/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ There are parts \[in Dodd-Frank\] that I don't agree with. But, in total, it is what it is. ](https://sms4smile.com/quotes/jamie-dimon/there-are-parts-in-dodd-frank-that-i-don-t-agree-with-but-in-total-it/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [It's good for America when the rest of the world grows, because you can sell more to the rest of the world.](https://sms4smile.com/quotes/jamie-dimon/it-s-good-for-america-when-the-rest-of-the-world-grows-because-you/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.](https://sms4smile.com/quotes/jamie-dimon/we-had-a-lot-of-gridlock-on-a-lot-of-issues-but-the-american-system/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) [Explore all 257 Jamie Dimon quotes ](https://sms4smile.com/quotes/author/jamie-dimon/) ## More Failure quotes > [When you do things they're absolutely right at that time for you and it can always teach you something about yourself. You can take…](https://sms4smile.com/quotes/kym-marsh/when-you-do-things-they-re-absolutely-right-at-that-time-for-you-and/) [Kym Marsh](https://sms4smile.com/quotes/author/kym-marsh/) > [Failures happen. You can't cry over them. You just take it in your stride because you know that you have done your best... Sometimes,…](https://sms4smile.com/quotes/divya-dutta/failures-happen-you-can-t-cry-over-them-you-just-take-it-in-your/) [Divya Dutta](https://sms4smile.com/quotes/author/divya-dutta/) > [No one is completely unhappy at the failure of his best friend.](https://sms4smile.com/quotes/groucho-marx/no-one-is-completely-unhappy-at-the-failure-of-his-best-friend/) [Groucho Marx](https://sms4smile.com/quotes/author/groucho-marx/) > [“Rhiannon's Law #28: If you're going to fuck up, be sure to fuck up good and proper. Nothing makes failure acceptable, so you might…](https://sms4smile.com/quotes/anonymous/rhiannon-s-law-28-if-you-re-going-to-fuck-up-be-sure-to-fuck-up-good/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Failure is a part of life and you have to learn to deal with it. Failure is something that is part of life's cycle…](https://sms4smile.com/quotes/colin-powell/failure-is-a-part-of-life-and-you-have-to-learn-to-deal-with-it/) [Colin Powell](https://sms4smile.com/quotes/author/colin-powell/) > [If my child had prejudice in his head, I'd be ashamed. I would see it as my failure as a parent.](https://sms4smile.com/quotes/salman-rushdie/if-my-child-had-prejudice-in-his-head-i-d-be-ashamed-i-would-see-it/) [Salman Rushdie](https://sms4smile.com/quotes/author/salman-rushdie/) > [First action was a mistake. What about the second? third? fourth and fifth?...Mehn you are bad...](https://sms4smile.com/quotes/anonymous/first-action-was-a-mistake-what-about-the-second-third-fourth-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [God's love never fail :)](https://sms4smile.com/quotes/anonymous/god-s-love-never-fail/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Don’t you just hate nights like that, when you think over every mistake you’ve made, every hurt you’ve received, every bit of meanness you’ve…](https://sms4smile.com/quotes/charlaine-harris/don-t-you-just-hate-nights-like-that-when-you-think-over-every/) [Charlaine Harris](https://sms4smile.com/quotes/author/charlaine-harris/) > [“Our failure to understand another being's inner reality doesn't make that reality any less real, or any less valuable to that being. (p.255)”](https://sms4smile.com/quotes/kathryn-schulz/our-failure-to-understand-another-being-s-inner-reality-doesn-t-make/) [Kathryn Schulz](https://sms4smile.com/quotes/author/kathryn-schulz/) > [I hope that the Palestinians don't make the mistake of unleashing a new intifada. They've tried it twice before, and the consequences were bad…](https://sms4smile.com/quotes/tom-segev/i-hope-that-the-palestinians-don-t-make-the-mistake-of-unleashing-a/) [Tom Segev](https://sms4smile.com/quotes/author/tom-segev/) > [Don't take too much comfort in the fact that you're successful today because tomorrow could bring failure. There's no surety in life.](https://sms4smile.com/quotes/michael-savage/don-t-take-too-much-comfort-in-the-fact-that-you-re-successful-today/) [Michael Savage](https://sms4smile.com/quotes/author/michael-savage/) > [“It took me years to learn to sit at my desk for more than two minutes at a time, to put up with the…](https://sms4smile.com/quotes/erica-jong/it-took-me-years-to-learn-to-sit-at-my-desk-for-more-than-two-minutes/) [Erica Jong](https://sms4smile.com/quotes/author/erica-jong/) > [failure in the theater is more public, more brilliant, more unreal than in any other field.](https://sms4smile.com/quotes/lillian-hellman/failure-in-the-theater-is-more-public-more-brilliant-more-unreal-than/) [Lillian Hellman](https://sms4smile.com/quotes/author/lillian-hellman/) > [As we are coming to the end of the year, I want you to forget about the past, the failure, the negative thoughts or…](https://sms4smile.com/quotes/anonymous/as-we-are-coming-to-the-end-of-the-year-i-want-you-to-forget-about/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) [Browse all 27,498 Failure quotes ](https://sms4smile.com/quotes/about/failure/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "People and companies make mistakes. 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