Author: Fred Wilson
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The Harvard Business Review Entrepreneur's Handbook: Everything You Need to Launch and Grow Your New Business
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Show me a successful person and I will show you someone who has made a ton of mistakes. That’s how things go. You can’t really learn from your successes. You can try to replicate the wins and sometimes you can and sometimes you can’t. But mistakes – those are powerful learning moments.
I have made my share of mistakes over the years and continue to do so, particularly in new areas where I am not experienced. It’s always a bummer when the mistake comes home to roost and you have losses, egg on your face, a problem, a mess, or any and all of that. You feel terrible, you are angry at yourself and possibly angry at those who were involved in the mistake. I think it is best to own it, fix it if possible, and mostly to learn from it and not make that one again.
There will always be new mistakes to make. It is best not to repeat the ones you’ve already made.