We all have those moments when we look back at yesteryears, sometimes with fondness, but oftentimes with regret. If you were given another shot at life, wouldn’t you do things differently?
Millionaires are no different in this regard and even they have regrets when it comes to how they would have done things differently in their 20’s. Fortunately, it’s not too late to learn from their mistakes.
Makes More Mistakes
Everyone’s made stupid mistakes at some point in their lives, and anyone who thinks differently hasn’t taken enough risks.
According to New York Times’ CEO Tom Ferry, he wouldn’t have succeeded in life if it wasn’t for the mistakes he made, and he could go back in time, he would make more of them.
The key here is to not beat yourself up every time you make a mistake, but actually learn from it and use it as an opportunity for growth.
Enjoy the Process
Even millionaires agree that life isn’t just about making money. Ask successful comedian Jay Leno who savors the small joys of life such as practicing a hobby that he picked up as a kid or spending more time with family.
We only get one shot at life and if you don’t go to that concert you wanted to go to, or start that business you’ve been talking about, you will never know how your life would have panned out differently.
Self-Doubt is Good
We all struggle with moments of self-doubt, often several times in a single day but this self-doubt that can stop you from taking risks and opportunities.
The Corcoran Group cofounder, Barbara Corcoran, recalls the time when she was labeled as a dumb kid just because she had trouble reading and writing.
She was often told that she would never be able to succeed but instead of believing them, she used that self-doubt to motivate herself to work harder until she eventually proved her critics wrong.
Have a Long-Term Goal
Dan Lok is a man of many talents; apart from being a bestselling author, he also has several other businesses that have helped him become a billionaire.
Lok advises the younger generation to focus on their strengths instead of following a popular trend. Once you know what you love, you need to work on developing your passion into a monetizable skill that will instantly get you hired at any company.
