Making mistakes is inevitable: no one is perfect. You will make a few decisions that, in retrospect, you’ll wish you hadn’t — count on it. If you cou… - Josh Kaufman

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Making mistakes is inevitable: no one is perfect. You will make a few decisions that, in retrospect, you’ll wish you hadn’t — count on it. If you could turn back time, you’d try a different approach, but you can’t. There will always be other projects, provided you don’t double down on a risky project to recover your losses. Throwing good money after bad is not a winning strategy.

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Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they’re willing to pay, in a way that (4) satisfies the purchaser’s needs and expectations, and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation.

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