In business, as in life, most of us learn from doing. Someone once said that experience is the best teacher. But how much can we learn if we don't take some risks and make some mistakes? If you always take the safe route, your risk reward level will be low. Not every risk will turn out bad, many will reap great rewards. Most of the super rich people taday were calculated risk takers during their journey to success.
Making mistakes along the way to your successful business growth will teach you lessons that you won't find in school textbooks. 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 along the way. No one is going to be perfect unless they do nothing. And nothing gets you nowhere.
More short articles in the monthly Idea-Letter (since 2002) at www.idealetter.com
Tuesday, April 19, 2011
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