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Admitting when you’re wrong is crucial for building trust because doing so demonstrates transparency and honesty. Acknowledging your errors shows you are accountable and take responsibility for your actions. It also fosters a culture where learning and growth are valued. It encourages others to do the same and promotes a mindset of continuous improvement. Moreover, admitting mistakes humanizes you, making you more relatable and maintaining credibility and respect from team members. It’s an essential aspect of authentic leadership that fosters trust, learning, and growth within teams and organizations.