Admitting Defeat

It is important to know when you are bested. After all, if you have been defeated, there is no use struggling. Admit defeat, then move on. The most important thing is to learn from your defeat, know why you were defeated, and not make the same mistake again.

At the end of the day, being defeated allows you to learn about yourself, to know your own weaknesses (and strengths) better. And with self-knowledge comes great power.