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How To Avoid Making Mistakes

January 31, 2024 by Tom Corley

How to avoid making mistakes

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TOM@RICHHABITS.NET

When you do things wrong, too often, those mistakes can offset all of the good you’ve done. Mistakes set you back. If you make too many mistakes it can lead to failure. 

One of the keys to success, therefore, is to minimize mistakes. Making fewer mistakes allows you to keep moving forward in life.

There are specific Rich Habits whose purpose is to help you avoid making mistakes:

  • Study the Experts – There are two ways to learn: learn by doing (school of hard knocks) or learn from the experts. The school of hard knocks is the hard way to learn. In the school of hard knocks you learn by making mistakes. The problem with the school of hard knocks is that by the time you figure out what to do and what not to do you could run out of time and money, resulting in failure. When you study what the experts in your company, field or industry do, however, you learn without the heartache and without the loss of time and money. Reading books, reading industry trade magazines, reading blogs related to your field or reading any articles related to how you make a living will save you from making costly mistakes that can set you back.
  • Practice – Practicing over and over again, when no one’s watching or when it doesn’t matter, allows you to perfect your skills without being under pressure to perform. This is one of the many reasons I am so big on volunteering and interning. Volunteering or interning at an organization that allows you to practice new skills or develop your skills will help you become an expert technician without having to worry about getting fired for making too many mistakes. Non-profits are always looking for volunteers. Many large companies offer internship programs. Volunteering or interning at a big company gives you a lot of rope to make mistakes, without those mistakes destroying your career.
  • Find a Career Mentor – Career mentors have knowledge, experience and wisdom. When you find a mentor they can share with you that knowledge, experience and wisdom. The few who find mentors, learn what works and what doesn’t work. Finding a mentor is the fast track to success. 
Tom Corley Headshot
Tom Corley

Tom Corley is an accountant, financial planner, public speaker, and author of the books “Effort-Less Wealth: Smart Money Habits At Every Stage of Your Life” and “RichKids: How to Raise Our Children to Be Happy and Successful in Life“.  Corley’s work has appeared on CNN, USA Today, The Huffington Post, SUCCESS Magazine, and many other media outlets and podcasts in the U.S. and 27 other countries. Tom is a frequent contributor to Business Insider and CNBC.

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