• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Commentary

The ‘fake it moment’ that led to the downfall of Elizabeth Holmes—and could lead to yours

By
Sabrina Horn
Sabrina Horn
Down Arrow Button Icon
By
Sabrina Horn
Sabrina Horn
Down Arrow Button Icon
November 30, 2021, 7:15 AM ET
Elizabeth Holmes has pleaded not guilty to fraud charges. She could face up to 20 years in prison if convicted.
Elizabeth Holmes has pleaded not guilty to fraud charges. She could face up to 20 years in prison if convicted.Bloomberg—Getty Images

As we react to the ongoing trial of Theranos founder Elizabeth Holmes, we would like to think we have nothing in common with her. The frightening truth? We’re all often tempted to veer from the truth in the heat of the moment.

What caused Holmes in that one split second to consciously tip from integrity to faking it? Like it or not, we’ve all been in that situation and either gave in to the temptation to exaggerate, distort, and dress up the truth, or consciously held on to it in the face of pressure. 

If there’s any lesson from the Holmes trial, it’s to learn what we can do to gather our moral wits about us in that “fake it moment” and never tip the wrong way. As a founder and former CEO of my own tech PR firm, I admit I faced those moments myself and advised clients on this dilemma regularly. I helped them own up to the truth about product delays and failures, the validity of sales contracts, or lackluster business performance.

Was Holmes under pressure in the boardroom and afraid to talk about delays in her product development for fear of losing funding? Was she influenced by her colleagues and business partners to allegedly spin the truth, just to keep moving the needle forward? 

Whatever forces or people influenced her, the decision of faking it is yours alone.

Every day, we face these moments in our personal and professional lives when we are under pressure, overwhelmed, embarrassed, insecure, or afraid—from lying on one’s résumé for a job interview to embellishing one’s athleticism to impress a date, or even overstating performance to win over an investor. The fact of the matter is, the truth ultimately always comes out. And when it does, you’ll set yourself back, or worse. It’s why “fake it till you make it” is the worst business advice ever. 

The only way to turn a “fake it moment” into a “make it moment” is to stop and push ourselves to move forward the right way, do the right thing, and plan for the worst while hoping for the best. No doubt, being honest about mistakes and setbacks is always better than getting caught lying. Faking it doesn’t help you make it—it actually causes you to fail.  

Recognize what the absolute truth about your situation is. The whole ugly truth. That’s a “make it moment” in itself. Next, identify the emotion that you are feeling, whether it’s fear, pressure, shame, embarrassment, or anxiety. Describe it and what it’s triggering in you.

Then, assess what is causing you to feel that particular emotion. Is it loss of business, reputation, stature, money? What would it take to resolve it? What’s the worst that could happen? What plan B or alternative strategies could you devise to deal with the situation? Who do you need to talk with to get a different perspective? If none of your options are favorable, what is the least unfavorable path that is still grounded in reality and the truth? This is the harder path, but it’s better than getting exposed later for lying, deceiving, or worse.

No matter how many days the Holmes trial lasts, her verdict will be decided by what went on in her head at that one moment that caused everything to unravel.

More likely than not, you’ll face your own “fake it moment” this week. What will you do?

Sabrina Horn is the author of Make It, Don’t Fake It: Leading With Authenticity for Real Business Success and the founder, former CEO, and president of Horn Group (now part of Finn Partners), the tech communications agency she founded in Silicon Valley at age 29.

More must-read commentary published by Fortune:

  • We can’t walk blindly into the metaverse
  • I know how lobbyists make sure Americans don’t get dental care—I was one of them
  • Millennials and Gen Z are a growing force in investing. The market needs to catch up
  • Great leaders show gratitude beyond Thanksgiving
  • Don’t let them tell you inflation is good for the poor. It’s not

Subscribe to Fortune Daily to get essential business stories delivered straight to your inbox each morning.

About the Author
By Sabrina Horn
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

EuropeLetter from London
Rishi Sunak is giving advice to CEOs on AI. Here are his golden rules
By Kamal AhmedMarch 25, 2026
7 hours ago
retirement
CommentaryRetirement
Our retirement system gets a C-plus; policymakers have an opportunity to make it A grade
By Chris MahoneyMarch 25, 2026
15 hours ago
david-f
CommentaryVenture Capital
Europe has survived 3 energy shocks in 4 years. The only way out is to stop buying power from its enemies
By David FrykmanMarch 25, 2026
16 hours ago
fauci
CommentaryCOVID-19 vaccines
How COVID turned America against science — and what it will take to win it back
By David Blumenthal and James A. MoroneMarch 24, 2026
2 days ago
alex
Commentarydisruption
AI’s disruption is a choice, not a forecast
By Alex StephanyMarch 24, 2026
2 days ago
trump
Commentarynational debt
The Treasury just declared the U.S. insolvent. The media missed it
By Steve H. Hanke and David M. WalkerMarch 23, 2026
2 days ago

Most Popular

Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
2 days ago
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
2 days ago
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Fortune EditorsMarch 24, 2026
1 day ago
Energy
Nobel laureate Paul Krugman calls it 'treason': $580 million in suspicious oil futures traded minutes before Trump's Iran reversal
By Fortune EditorsMarch 24, 2026
1 day ago
Success
The job market is so bad that ‘reverse recruiters’ are charging $1,500 a month just to help people look for jobs
By Fortune EditorsMarch 25, 2026
16 hours ago
Success
JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it's for employee well-being
By Fortune EditorsMarch 24, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.