The poor decisions smart leaders make are sometimes intentional and sometimes accidental, but they always follow a clear pattern of hubris that ensures even the most successful enterprise can be run into the ground.
| less than a minute read
6 Reasons Smart People Fail
Most businesses are run by highly intelligent people, and when businesses fail, it's usually due to these smart leaders' boneheaded mistakes. Even when a product--or lack of one--is at the center of the spectacle, flawed thinking by very smart people is often what made things fall apart.

/Passle/58a5cb8db00e8110e83aa395/MediaLibrary/Images/2026-08-04-15-32-04-091-6a7205f4b4306b41266d92f2.jpg)
/Passle/58a5cb8db00e8110e83aa395/MediaLibrary/Images/2026-08-04-18-23-13-222-6a722e11663e81e26a6b2c3e.jpg)
