In business, as in life, most of us learn from doing. Someone once said that experience is a great teacher. But how much can you learn if you don't take some risks and make some mistakes? If you always take the safe route, your risk-reward will be low. Not every risk will turn out bad, many will reap great rewards. Most of the super rich people today were calculated risk takers during their exciting journey to success.
Making mistakes along the way to your successful business goals will teach you lessons that you won't find in texbooks. Street smart knowledge is important to a small business person who deals with the public every day. But don't let your mistakes get out of hand, make the necessary corrections when you can. No one is going to be perfect unless they do nothing. And nothing gets you nowhere.
Wednesday, July 14, 2010
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