Adopt a mindset of anti-perfection

I volunteered with a guy who owns most of the bars in downtown Raleigh. A couple of lessons from his journey:

  • Luck was a HUGE factor:

He opened the first bar and it was the “right place at the right time.” Shortly after opening a major business moved to the next store and all the employees needed a place to meet for fun after work. They were so successful he decided to open up a second bar and this time serve food. He failed miserably. The profits from #1 covered the losses of #2. If he had opened #2 First, he would have been done and wouldn’t be operating any businesses.


  • Perfection is the enemy of risk-taking:

He told me that the majority of people (95%) don’t take a risk to create something because they incorrectly correlate achieving “success” with “executing perfectly.” They then think “Well I know I can’t do x perfectly so I just won’t even try.” This belief is totally wrong. You actually achieve “success” because you keep going. You try so many different things and most fail. But you learn. And if you keep going your learnings will eventually lead you to a formula that works.

Accept that you can’t control everything.

Work your butt off. Be okay with making a lot of mistakes.












Advertisement: I would like to buy your property or small business.




Comments

Popular posts from this blog

A lie defined

A leader's biggest blindspot: insecurity

Accepting what is