If there is anything I’ve learned in my personal and professional life, it’s that most people have an extraordinarily difficult time admitting when they’re wrong. I know this because I’ve witnessed hundreds of awkward confrontations in the work place, at school, among family and with friends, where someone takes a hard stance on something and even after they are clearly proven wrong, they simply cannot bring themselves to openly admit their mistake. For many of us – it just isn’t easy to fess up to our mistakes. We have this innate desire to stick to our guns and fight to the death to defend our position. Once we’ve laid our pride and dignity on the line, admitting to a mistake is just too much to lose. After being proven wrong about many of my own ideas and assumptions over the past 30 years, I honestly can’t say I’m any different. I usually feel quite confident about the things I do and it takes a pretty cataclysmic event (followed by a lot of soul searching) for me to openly admit that I was wrong about something.

I don’t know about you – but whenever I discover that I’ve made a bad investment, hired the wrong person to do a job, assigned blame to the wrong party or been careless with my resources – it feels terrible… in fact, it might even be the worst feeling I know.

“Confidence is the feeling you have before you understand the situation.” – Mark Twain

Coming to the realization that you’ve made a mistake is an awful, gut-wrenching experience, but this kind of realization (and admission) is also one of the most important things you can do for your personal development as a human being. Dealing with the consequences of your errors can be incredibly …read more