You Must Make Mistakes to Be Successful in Business
You will often hear people say that making mistakes is good for
the character and accelerates the learning. This is a load of rubbish.
Making mistakes costs a lot of money and the last thing you need is
unnecessary expense in your business.
The business gurus state that until you have made a whole raft of mistakes, you will not understand business. This is unadulterated garbage.
Do you learn from mistakes? Yes you do, but you also learn from avoiding them. I don't know about you, but I would sooner learn from avoiding a mistake than actually making it and it costing me a lot of money.
What you actually learn from your mistake is not to make it again. The problem is you learn what NOT TO DO instead of what you SHOULD DO. As a result your progress has been hindered rather than assisted. So your mistake has not advanced your learning or your business.
It's impossible to understand how making mistakes is good for you and your business.
Failure will not make you more successful.
Let's think about it differently. What is the most valuable experience you can have?
It seems to me that the most valuable experience you can have is to be successful. Every success that you have, directs your behavior to repeat it. There is clearly something in the old expression that, "Success breeds success."
Rather than making lots of mistakes, progress is fueled by success. It's just that this has been forgotten and overwhelmed by the whole concept that failure builds your character and is a necessary ingredient for learning.
Okay, so what does this mean to the person that is running their own business?
Seek sound business advice from experts. If you are unsure about a financial decision, check it out with an accountant. When you have a legal problem, ask a lawyer. Normally, their fees are much less than the cost of a mistake.
Speak to a successful business veteran to bounce ideas off. It may cost you a lunch or a dinner but the experience will be well worth it. Don't trust your memory, make notes.
The business gurus state that until you have made a whole raft of mistakes, you will not understand business. This is unadulterated garbage.
Do you learn from mistakes? Yes you do, but you also learn from avoiding them. I don't know about you, but I would sooner learn from avoiding a mistake than actually making it and it costing me a lot of money.
What you actually learn from your mistake is not to make it again. The problem is you learn what NOT TO DO instead of what you SHOULD DO. As a result your progress has been hindered rather than assisted. So your mistake has not advanced your learning or your business.
It's impossible to understand how making mistakes is good for you and your business.
Failure will not make you more successful.
Let's think about it differently. What is the most valuable experience you can have?
It seems to me that the most valuable experience you can have is to be successful. Every success that you have, directs your behavior to repeat it. There is clearly something in the old expression that, "Success breeds success."
Rather than making lots of mistakes, progress is fueled by success. It's just that this has been forgotten and overwhelmed by the whole concept that failure builds your character and is a necessary ingredient for learning.
Okay, so what does this mean to the person that is running their own business?
- Firstly, ignore the conventional wisdom that you have to make mistakes to progress. Mistakes cost a lot of money and stall business progress.
- Secondly, use your successes to direct your future behavior.
- Thirdly, seek advice from practical experts in the specific area in which you need help.
Seek sound business advice from experts. If you are unsure about a financial decision, check it out with an accountant. When you have a legal problem, ask a lawyer. Normally, their fees are much less than the cost of a mistake.
Speak to a successful business veteran to bounce ideas off. It may cost you a lunch or a dinner but the experience will be well worth it. Don't trust your memory, make notes.
Thank you for reading this article. Peter L Mitchell invites you
to visit his web site where you will discover a wealth of resources such
as free downloads, ideas, articles, information and books, This site is
updated nearly every day. Click here http://plmitchell.com/
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