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The compounding effect of not making mistakes

  • By Alan Knott-Craig
  • March 11, 2024

Most successful entrepreneurs, billionaires, only started their business after the age of 40.

Why did they succeed?

Sometimes it was making great decisions.

More common it was avoiding bad decisions.

Experience teaches you what works, and more importantly, what doesn’t work.

The compounding effect of not making bad decisions outweighs the compounding effect of making great decisions.

Aim low. Aim to not make mistakes.

Success is the compounding effect of not making mistakes.