Jamie Dimon’s Advice on Success: “Admit Your Flaws Quick” and Change Course When You’re Wrong - Jamie Dimon was asked at the World Economic Forum in Davos what had mattered most to his success. His answer was not a formula for making money. It was a blunt list of habits shaped by years of making decisions, getting some of them wrong and learning what happens when problems are left alone.
“I made a lot of mistakes. I don’t want to echo the secret sauce. Relentless, grit, attention to details, admit your flaws quick. Problems don’t age well, reverse course when you’re wrong, get great people, let them do their jobs.”