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The LIVE BIG Framework: A Complete Guide for Entrepreneurs

Stacey St John

by Stacey St. John  - May 22, 2025

Table of Contents

TL;DR

Key Takeaways

Introduction

The Honest Truth About That "Improvement"

Why Owning Mistakes Matters More Than Avoiding Them

3 Steps to Leading Through a Misstep

Final Thoughts: Progress Over Perfection

Call-to-Action

TL;DR

Not every decision is going to be a home run—and that’s okay. Real leadership shows up in how you respond when something misses the mark. Own it. Fix it. Keep your team in the loop. That’s how you build trust and momentum, even when things go sideways.

Key Takeaways

  • Leadership isn’t about always being right—it’s about making it right
  • Owning mistakes builds credibility and trust with your team
  • Transparency keeps frustration from festering
  • Fixing problems quickly shows your commitment to continuous improvemen

Introduction

Let’s keep it real: sometimes the decisions we make with the best intentions don’t play out the way we hoped.

That’s exactly what happened recently behind the scenes at Team Stacey. We rolled out a change to one of our online systems, thinking it would simplify things for the team.

But instead of making life easier? It did the opposite.

The Honest Truth About That "Improvement"

Our goal was to streamline a process, but it ended up creating more confusion than clarity. Instead of saving time, it added frustration.

So I did what every leader needs to do in moments like this: I called it what it was.

I let the team know:

  • I hear you

  • I see the frustration

  • I’m on it

  • You can expect a fix by early next week

I also explained why we made the change in the first place—and acknowledged it’s just not working.

Because here’s the thing: leadership doesn’t mean pretending everything’s fine. It means facing the reality, communicating it clearly, and moving forward with a plan.

Why Owning Mistakes Matters More Than Avoiding Them

It’s easy to fall into the trap of thinking leadership is about never dropping the ball.

But the truth? Leadership isn’t about avoiding mistakes—it’s about taking responsibility and making it right.

When you own the miss and address it head-on, you:

  • Build credibility with your team

  • Foster a culture of accountability

  • Keep trust intact, even in tough moments

Trying to hide or downplay mistakes only erodes confidence over time.

3 Steps to Leading Through a Misstep

Here’s the simple framework I follow whenever something needs a course correction:

  1. Own it – Be upfront about what’s not working. Don’t sugarcoat or spin.

  2. Fix it—fast – Communicate the timeline for a solution and follow through.

  3. Keep your team in the loop – Updates matter. Let them know what’s happening so they’re never left guessing.

This approach doesn’t just solve the problem—it strengthens the culture.

Final Thoughts: Progress Over Perfection

If you’re growing a business, one thing’s for sure: you’ll make decisions that miss the mark.

But what sets great leaders apart is how they respond.

Leadership isn’t about getting it perfect every time. It’s about making progress, learning out loud, and showing up for your team—even when it’s uncomfortable.

That’s the kind of leadership that builds trust, resilience, and momentum.

Call-to-Action

Ready to lead with clarity, confidence, and courage?

Grab The LIVE BIG Strategy Planning Workbook—my free step-by-step guide to help you clarify your goals, map your next moves, and break them into actionable steps you can actually follow through on.

Download it here

Your leadership journey doesn’t require perfection—just bold, intentional action.

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Stacey St John

Stacey St. John

Stacey is living proof that big dreams and bold moves can lead to incredible results. With a successful career in sales and corporate America, Stacey cannonballed into real estate with just $50,000 and turned it into a 7-figure portfolio in just a few years. Whew!

Now, she’s on a mission to show other women (including you!) how they can do the same with any dream, in any industry, or even their personal goals.

Stacey’s passion is all about lifting others up and enabling them with tools to create their best lives. She knows that dreaming big can feel scary, but she’s living proof that with the right guidance, some hard work, and a proven plan, those dreams can turn into reality.

Drawing on her years of not only business experience but a ton of mindset work – which honestly, can be harder to practice – Stacey now mentors women who are ready to take control of their future, break through barriers to finally get un-stuck, and design the life they’ve always dreamed of.

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