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Face Reality

Former ge chairman and CEO Jack Welch once said that the most important rule in business is the “reality principle.” This is the ability to see the world as it really is, rather than the way that you wish it would be. It is the ability to be perfectly honest with yourself in any situation, no matter how much ego you have invested in being right. When Jack Welch would come into a problem-solving meeting, the first question he would ask was, “What’s the reality?”

This should be your question as well. What’s the reality? Go through every area of your business and personal life and ask that question. “Is there anything that I am doing that I would not get into again today if I had to do it over, knowing what I now know?”

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