Time to Learn from Your Mistakes!

Whether we like it or not, we are all moving forward into the future. Some of us cling to old memories and stories of days long gone. We hold on to pictures of ourselves when we were young and compare them to recent pictures where we are decidedly less than young.

Last night I cleaned out the filing cabinets that hold my entire collective entrepreneur and business history. While I was looking through the invoices, the receipts, and the e-mails, I began to separate the papers into the ventures I considered successful (the ones that made me money) and the ones that I thought were epic bombs (the ones that lost me money).

I wasn’t stunned by what I saw.

The “failure” pile was immensely bigger than the “success” pile. I’ll tell you in all honesty, I was a bit crushed. The first decade of my business existence looked like a history lesson in “What Not To Do: 101.” In all, my failures should serve as a warning to others. Better yet, these failures should serve as a lesson for myself.

Both my success and my failure have brought me to the place I currently reside.

My success provides money and livelihood. It sustains me and allows me to purchase goods and even provides a shot of confidence. But my failures allow me something just as valuable: experience.

I value experience as much as I value education and/or money.

Everyone is different, but I hope that if you are ever at a point where you can stop and examine the last few years of your business or personal life, that you’ll count it all joy. These things are making you the person you are. The trials and tribulations of this (business) life will make you stronger if you allow it to.

If you learn a lesson from each failure, as well as each success, you’ll be that much stronger in the end.