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The Entrepreneur's Playbook by Paul B. Brown, Leonard C. Green

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PRINCIPLE 11

There Is No Sense Making a Mistake Unless You Can Learn from It

We all make mistakes, and I’ve probably made more than most. It doesn’t matter if we’re talking about my personal life (when I was young and did not get good grades in school), or when I was older in business (see our discussion back in Principle 2), I’ve made a lot of mistakes.

I think that’s a good thing.

If you never want to make a mistake, then don’t do anything. If you always play it safe—research, double- and triple-check everything before you move an inch—then you probably won’t make many mistakes.

You probably won’t accomplish much, either.

To be successful, you can’t remain cautious; you must take calculated risks. If you’re going to take calculated risks, you’re ...

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