We all make mistakes in our 20s. It’s a part of life. But some mistakes can set us back further than others. Here are some of the worst business decisions we made in our 20s – and what we learned from them.
Not doing enough research
When we were in our 20s, we thought we knew everything. We didn’t think we needed to do any research before making a decision – we would just go with our gut instinct. And more often than not, our gut instinct was wrong. We’ve since learned that it’s so important to do your research before making any decisions – whether it’s a big decision like starting a business, or a smaller decision like choosing a new product to sell.
We didn’t realize that every decision we made had the potential to affect our future. Now, we always take the time to think about
Not listening to advice
When we were in our 20s, we thought we knew better than anyone else. We didn’t listen to the advice of those who were more experienced than us, and as a result, we made a lot of mistakes. We’ve since learned that it’s so important to listen to the advice of those who know more than us – whether it’s a mentor, a friend, or even just someone with more experience in the industry.
Focusing on the wrong things
In our 20s, we often focused on the wrong things. We would worry about the small details instead of focusing on the big picture. As a result, we would often miss out on opportunities or make decisions that didn’t align with our long-term goals. We’ve since learned that it’s so important to focus on the things that are truly important, and to not get bogged down in the small details.
Being too indecisive
In our 20s, we were often too indecisive. We would hem and haw over every decision, no matter how small. As a result, we would often miss out on opportunities or take too long to make a decision, which could cost us time and money. We’ve since learned that it’s so important to be decisive and to trust our gut instinct.
Not taking risks
In our 20s, we were often too afraid to take risks. We would play it safe instead of taking chances. As a result, we would often miss out on opportunities to grow our business or reach our goals. We’ve since learned that it’s so important to take risks, and to not be afraid to fail.
Our best advice to you
Making mistakes is a part of life, and we all make them. But some mistakes can set us back further than others. In our 20s, we made a lot of bad business decisions – but we learned from them. We now know that it’s so important to do your research before making any decisions, to listen to the advice of those who have done it before, let them make all the mistakes so you don’t have to!