It’s always nice to hear folks, especially those that you deeply respect, admit when they are wrong.
Why? Because most people are incapable of doing that.
The longer I live the more I realize how hard it is to admit, fully and honestly, that you’ve made a mistake. Personally, I feel like I’m pretty at ease with doing this myself but I have my own blindspots to manage and deal with (which is why I have mentors and a circle of new executive coaches that are helping me).
Sergey Brin, cofounder of Google, shared publicly that they “probably already failed to be on the bleeding edge, I’ll be honest” when it comes to blockchain technology. Ironically, he’s been mining Ethereum with his son on a homemade miner.
The great thing about the technology industry (and technology as a whole) is that it demands that the smartest people in the room work on the future. But, it doesn’t care who those people are or their history or pedigree; technological innovation is open to anyone and everyone, regardless of background or experience.
This naturally means that the smartest people in the room is a revolving, open door. Those who once held that title are long-gone and barely remembered (as it should be). The new and exciting entrants in our technological debutante ball (if you will) arrive seemingly out of thin air.
This is what makes it so darn exciting. The only requirement is that you dream big, work hard, find great people to work with (or for), and then not give up.
This is what I’m doing with Yen and will continue to do until I see a completely decentralized economy, at scale.