Mistake University


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“The foundation of success is built upon a mountain of mistakes. The more mistakes you make in life, the higher your mountain will be. The higher your mountain, the greater your success.” Tom Corley

I love kicking off many of my speaking engagements with this quote because it forces people to re-think mistakes. Instead of thinking about mistakes in a negative way, we need to embrace mistakes as learning opportunities.

Mistakes hurt. They cost you time and money. But mistakes also force you to pivot, or change what you are doing. They force you to move in a different direction. For this reason, mistakes are your GPS guidance system for success.

But mistakes only act as a GPS when you learn from them and apply what you’ve learned. Foolproof processes, processes that have helped small companies become big companies, and founders become millionaires, are engineered on the back of many mistakes.

If you are struggling in life, one of the reasons may be because you are repeating mistakes.

Why would anyone repeat a mistake?

When you are not mindful of the mistakes you are making, you cannot learn from them. The cure is to create a process in which you track each one of your mistakes. Every one of them. Here’s what you need to do:

For one month, track every wonderful mistake you make. Carry around a little notepad in your pocket and, for one month, write down every single mistake you make. At the end of the month review your list. Search for duplicate mistakes; those that repeat.

This tracking process will force you to become aware of your mistakes, particularly the ones you are repeating. Only after you become aware of your mistakes can you learn from them and change what you are doing. Eventually, after experimenting with different solutions or processes, you will stumble upon one that works and helps you succeed in whatever it is you are doing.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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  1. Gopal Agrawal says:

    yes ,Thomas you have given new insight towards mistake. I have’t realized before making the mistake only blaming myself.
    Thank you
    Gopal Agrawal
    indore india

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