"The Wrong Side of Right: Achieving the Best Outcome"

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Hatched by Glasp

Aug 06, 2023

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"The Wrong Side of Right: Achieving the Best Outcome"

One common mistake that people often make is their tendency to focus on proving themselves right rather than aiming for the best possible outcome. This mindset, which I refer to as the "wrong side of right," can be detrimental to personal growth and decision-making. When individuals are fixated on proving their correctness, they invest significant effort into defending their beliefs and selectively accepting information that aligns with their viewpoint. This approach limits their openness to alternative perspectives and hinders their ability to make informed decisions.

To overcome this mindset, it is crucial to adopt a different approach. Instead of striving to be right, individuals should aim to be less wrong. This shift in mindset allows for a more objective and flexible perspective, enabling entrepreneurs to adapt to new information and adjust their strategies accordingly. By acknowledging that their initial position may not be entirely accurate, entrepreneurs can embrace a growth-oriented mindset that prioritizes continual learning and improvement.

At Farnam Street, a core principle we adhere to is working with the world as it truly is, rather than how we desire it to be. This principle aligns with the idea of being less wrong, as it encourages individuals to confront reality and make decisions based on accurate information. By detaching their ego from their position, entrepreneurs can avoid the trap of personal attachment and remain open to constructive criticism and opposing viewpoints.

One valuable lesson I have learned from running a company is that the more I let go of my need to be right, the better the outcomes become for everyone involved. It is no longer about who receives credit but rather about creating the best possible work. This shift in focus allows for collaboration, innovation, and collective growth.

While the concept of being less wrong may seem straightforward, putting it into practice can be challenging. Here are three actionable pieces of advice to help implement this mindset shift:

  • 1. Cultivate intellectual humility: Recognize that you do not possess all the answers and that there is always room for growth and improvement. Embrace the idea that being wrong is an opportunity for learning and personal development.
  • 2. Seek diverse perspectives: Actively seek out viewpoints that challenge your own. Engage in conversations with people who hold different beliefs and opinions. This exposure to alternative perspectives can broaden your understanding and help you make more informed decisions.
  • 3. Emphasize outcomes over ego: Shift your focus from proving yourself right to achieving the best possible outcome. Prioritize collaboration and open-mindedness, valuing the collective wisdom and expertise of your team. By letting go of personal attachment, you create an environment that fosters innovation and creativity.

In conclusion, the "wrong side of right" is a mindset that hinders personal growth and decision-making. By shifting our focus from proving ourselves right to being less wrong, we open ourselves up to new possibilities and better outcomes. Cultivating intellectual humility, seeking diverse perspectives, and emphasizing outcomes over ego are actionable steps to adopt this mindset shift. Let go of the need to be right, and embrace the journey of constant learning and improvement.

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