Getting It Wrong Will Help You Get it Right

As an entrepreneur or small business owner, you’re constantly learning and growing. You’re constantly making decisions, and sometimes those decisions are wrong. But that’s okay. In fact, being wrong can be a good thing.

Here are three reasons why being wrong can be good for your ego, business, and learning process:

  1. It can help you build resilience. When you’re wrong, it can be tough to admit it. But if you can learn to embrace your mistakes and learn from them, you’ll become more resilient. Resilience is an essential quality for entrepreneurs and small business owners, because it will help you bounce back from setbacks and keep moving forward.
  2. It can help you improve your decision-making skills. Every time you make a mistake, you learn something new. This knowledge can help you make better decisions in the future. The more you learn from your mistakes, the better you’ll become at making sound decisions.
  3. It can help you build a more collaborative team. When you’re willing to admit that you’re wrong, it creates a culture of trust and openness within your team. This can lead to better communication and collaboration, which are essential for any successful business.

Here are three real-world examples of how being wrong can be good for entrepreneurs and small business owners:

  1. Steve Jobs was fired from Apple in 1985. At the time, it seemed like a disaster. But Jobs used his time away from Apple to reflect on his mistakes and learn from them. When he returned to Apple in 1997, he was a changed man. He was more humble and more open to feedback. This led to a period of tremendous innovation and growth for Apple.
  2. J.K. Rowling’s first Harry Potter book was rejected by 12 publishers. She was told that her book was too long, too complicated, and that kids wouldn’t be interested in it. But Rowling didn’t give up. She kept submitting her book to publishers until someone finally said yes. The Harry Potter books went on to become a global phenomenon, selling over 500 million copies.
  3. Walt Disney was told that he didn’t have any imagination and that he would never succeed in animation. But Disney didn’t let this discourage him. He continued to pursue his dream, and eventually he created the Walt Disney Company, one of the most successful entertainment companies in the world.

These are just a few examples of how being wrong can be good for entrepreneurs and small business owners. If you can learn to embrace your mistakes and learn from them, you’ll be well on your way to success.

Here are some tips for entrepreneurs and small business owners on how to embrace being wrong:

  • Don’t be afraid to admit when you’re wrong. It’s okay to make mistakes. The important thing is to learn from them and move on.
  • Be open to feedback. Ask for feedback from your team members, customers, and mentors. This can help you identify your blind spots and areas where you can improve.
  • Celebrate your failures. Failure is a part of the learning process. Don’t beat yourself up over it. Instead, learn from it and move on.

If you can embrace being wrong, you’ll be well on your way to success as an entrepreneur or small business owner.

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Rob Basso is a recognized small business expert, successful business owner and entrepreneur.

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