Monday, January 19, 2009

learning from mistakes

Whether it's life or business one thing you must try to do is learn from your mistakes. If you don't you will continue to make the same mistakes over and over again, which ends up being no fun for anyone and can often be costly--and not just for business owners.

I have found mompreneurs to be one of the most supportive groups of women out there. Many of us believe strongly we are all in this together and try to help each other out as often as we can. One way to do so is to let others learn from our mistakes rather than making the same mistakes themselves. An example is this recent post from Savor the Success founder, Angela.

In "My debacle with a Big Name corporate client" Angela shares with readers about her experience with a corporate client and the lack of a purchase order. When all was said and done her company never received payment because the company claimed they never ordered product--and Angela had no way to prove they did because no purchase order existed. She took what she learned from this experience and has since implemented five major steps when it comes to securing orders from customer. You will have to read her story to learn just what those five things are--and learn how to avoid making the same costly mistake.

It's painful to make mistakes and painful to watch others make mistakes. Perhaps that's why moms rely so much on each other for support; it's hard to watch your children make the same mistakes you did. The same goes for business. Those of us who've learned a lesson or two should be willing to share their experience and insight so others can avoid making similar mistakes. Yes, learning from mistakes is a good thing but sometimes not making the mistake in the first place is even better.

Have you learned from someone else's experience? Have you shared what you've learned with others? We would love to hear your thoughts! --Emily

1 comment:

Susie said...

Starting a business is tough. There is a lot of things that we don't know that we don't know. I have a learning curve dealing with the post office. Buying postage on line is convenient but only if you do it right. Weigh everything very carefully and make sure the dates are not on Columbus Day!