Hi reader,
Here I am going to share my personal experience of mistake, which make my better myself. What we’re going to do in today’s blog is talk about five of my worst failures, five of my biggest blunders or mistake, and what I’ve learnt from them. I believe this is a very personal and essential topic because if I had understood these things earlier, I could have prioritised and structured my life much better.
Investing without research:
Let me being with my share market experience. Beginning of two, two and a half, three years. I didn’t even make basic returns in my investment journey. Even I lost the most of my money in investment. In fact, my returns were worse than fixed deposit returns (negative return), which was somewhat shocking given that I ended up randomly investing in terrible stocks (news based). And, yeah, that was a horrible decision. So that was my lesson.
Please read it carefully from that perspective. I will also discuss my investing path as well as my personal adventure.
1. Feel like Insecure, Under-confident and less risk taker:
So the first major failure or mistake I made in my life was, that I was extremely insecure, under-confident and risk-averse. This was due to the fact that I grew up in a tiny town in Tamil Nadu. I spent the most of my childhood there. So I’ve always believed that most of my life, you know what? People from major cities are well-dressed, well-settled and self-assured.
Another factor was that I was an introvert, therefore it become my nature. Even now, whenever I attend a networking event or a meeting, I feel completely out of place. Even now, networking does not come effortlessly to me. However, I am not an extrovert. So I’m usually a little nervous when it comes to networking events or meeting new people. And finally, my English was quite awful. But you can argue that now, that you’re operating a blog website, you’re writing in English is good. How did that change occur? I’ll tell you about it later. However, I was unable to communicate well in English.
I grew raised in a tier 2 and tier 3 city and my naturally insecure. I was an introvert, so I was always really self-conscious, even when I was exceptional at something. So this became my first failing point because, as I grew older, I discovered that if you are just confident, it solves so many problems for you. Consider this: in the office, you may have seen that many of your co-workers are not accomplishing anything, yet they are really confident. They go in front of the boss and are usually promoted. And even if you know a lot and technically sound, if you lack confidence, you will fail. Many fantastic employment prospects just pass you by. As a result, confidence is essential. This is something I only realised much later in life.
I wish I had been more self-assured. Now, there are two extremely significant aspects or approaches that I will teach you here on how to build confidence.
So one is an outward technique of expressing or growing confidence. It is referred to as “We take it till you make it approach.” You may have heard of this item as well. It just portrays to the globe that, you know, a lot of things just keeps dragging and faking it till you start believing in it. This is something that has worked for many individuals, and it might work for you as well. So give it a try. Try exploring with that specific mode.
However, a second method to boost confidence, particularly for introverts, is to improve at what you’re doing. Consider this, for example, if you are having difficulty learning English. So, for example, when it came to studying English, I struggled. As a result, I began viewing a lot of English films. And that piqued my interest in learning.
Similar story from my life, and I’m not joking. If I say that my first failed was my maths unit test in fifth class. So there you have it, my first academic failure in my life. And that kind of drove me to realise that, you know what, that was a time I was really take an interest in studying Maths because, no matter where I lived, whether it was in terms of reading books or consuming any form of calculation, you need to know the basics of calculation in Maths. And, while I was in school, the Internet was not widely available. By the way, I’m not that old. But, sure, I hope you get the idea that if you grew up in India in the 1990s, Internet was not that common. Learning was quite challenging.
But the point I want to make here is very simple: in order to progress and become confident in any skill set, you must go through a succession of improvements. For example, I began by solving more arithmetic problems and learning the fundamentals. Then I started going to local tuition, joining a math club, and doing a variety of other activities. I did it because I recognised that without math my life will not move forward, so there are only about two options for survival.
To shorten a lengthy story short, it is critical to create confidence. That is why confidence may be built in an inorganic manner. Take it till you make it, or create it in a true sense by effectively increasing little by bit on the scale at which you’re attempting to enhance performance.
2. Not Being able to pursue a professional job
Let me now discuss the second major failure in my life and what I learned from it. So my second major failing was not being able to pursue a professional job. So, for those who know me at school life well, most of my career chose was I wanted to pursue a career in finance. And all I wanted to accomplish at the time was become a professional CA. That was all I want. And when I didn’t make it as a CA, it truly broke my heart. In my life, I had reached rock bottom. I had no idea what I wanted to accomplish with my job. I’m speaking from the perspective that many of you may be suffering in your profession. You may desire something really much, but it just does not work out for whatever reason. Right? And at that moment, we felt like, you know what, everything was done. Nothing would exist from this moment forward. And believe me, I was at that point in my life, and it was a really dark point in my life. To put it another way, I had no idea what I was going to do next. I was genuinely terrible at studying.
Math was the one thing I accepted, and it was snatched from me. What caused this to occur? So what I learned from this experience was that, first and foremost, any failure is not deadly. Your passion may not work out regardless of what you actually desire to achieve in life. Please do not be discouraged. The second point is that your career is in flow. This is an extremely essential topic. After that, I learned a lot about life and the importance of pushing on.
For example. So the point is that my career soared from point A to point B to point C, and at each stage of my career, I wanted to gain something fresh out of it because if I had just assumed that I had accomplished everything, I would have been wrong. Is life going well? As a result, your career will always be in motion. When you have completed the goal, you will select a little more challenging new goal for yourself. And achieving that will undoubtedly provide you with a sense of pleasure and exhilaration. This can be interpreted in a variety of ways. You’d say, “You know what, I’m a career,” but you’re probably not focused. If I end up doing something like you, my seniors would tell me that focused, you should simply focus on one thing. They are accurate in that you should be micro-focused. But, in the big picture, you have to be careful about what you desire, right?
Short-term thinking is essential for survival. Then you understand what engineering examination is. So we’re extremely delighted, and we’re enjoying that moment. However, long-term planning is required. That’s ok, you’ve peered engineering. But what is the vision towards which you are striving? Setting long-term visions is challenging, but make your vision passionate. Make those short-term micro-goals simple fights towards the greater picture, and think of them as short-term conflicts that will help you create a war.
3. Extremely pressure for my life by myself
Now, my third critical failure is extremely personal to me, and it is one that many of you may be experiencing in your job. And that failure is due to my inability to articulate what I expect from you. If you look around, you will notice that many individuals are dissatisfied with their jobs. Why? Because they are unable to determine what they normally desire from their careers. Do they require greater balance? Do they require extra funds? Do they require additional security? Do they require greater freedom? People make incredibly bad judgments because of such simple things. Yes, let me give you an example.
As a result, I have a really close friend. He came from a non-profit background. He used to help me solve problems. We were both quite enthusiastic about entering the oil and gas industry. What’s more, guess what? We both ended up heading to an oil and gas field. And he was overjoyed about it. He departed the work six or seven months after starting. Not because of poor performance, but because the expectations he brought with him were utterly unwarranted. He imagined that if I got into oil and gas, I’d make more money and have a better life. I’ll have security and everything. But he had no idea the workload would be so intense. As a result, he overlooked certain critical factors that should have been considered throughout his decision-making process. And, in reflection, he didn’t like advising much; it would have been so much better if he had been focused from the start.
He would have conducted an introspective study, asking himself what he truly values. To discuss it from today’s viewpoint in my life, one of my main goals right now is to have as much freedom as possible because I want to go to these kind of destinations and engage in exciting project assignments. For example, I’m wanted to creating a book for children. So it’ll be a story-based lesson. Everything will be made available on this website.
So it’s not about money, but about the fact that this is a fashion project for me. I’d like to focus on doing more and more fashion projects like this. I would only be able to accomplish these many goals if I planned my life accordingly. So I really need to ask myself, “Hey, what is my aim from here?” Is it to make a lot of money, or is it to pursue my passion project, have greater freedom, and so on? Because, regardless of what you want to achieve, there will always be trade-offs. Let me elaborate from a personal perspective.
Because you could say that, but you know what? You currently have many sources of income. It is quite simple for you to follow these trendy tasks. And I agree, because the last decade of my life has been spent figuring out who I am, for example, there was a time in my life when I was sick. I recall a period when I had malaria and was yet able to work. I’m sure I’ll receive a lot of flak for this. You should not have done it. I wholeheartedly concur. But I can tell you that there have been times when I was unwell and had to work because I didn’t have a choice.
And this is a circumstance in which many people find themselves. Because that is what occurs when you think about it this way. I spent 12 hours a day establishing parallel revenue streams, which sapped a lot of my energy. But I did it because I didn’t want to lose what I’d already accomplished. For example, after graduating from college, I landed a service position in a chemical firm. Now, the working hours are insane, but I had fought so hard to get there that I didn’t want to waste the opportunity. So, you know what that meant? Just keep spinning the hamster wheel. So, in retrospect, I wish, I would have emphasised my health more, and I would have actually contemplated and determined what I want most. And I would have probably begun making better judgments earlier in my career rather than later.
4. My investment experiences
The fourth failure that I experienced more comes from the stock market or investing trip itself. So, let me tell you a little bit about my family history. As a result, no one in my family invests in stock market or neutral funds for long term. My father used to do it occasionally, but no one ever properly studied how to invest in the stock market, for example. As a result, when I first began investing, I had to learn a lot of things by trial and error. So, because there was no YouTube earlier then, I couldn’t gain a lot of important information. As a result, I learnt a lot via trial and error. So here are some of the big blunders I made when I first began out in the stock market. I didn’t even make basic returns for two and a half, three years. In fact, my returns were less than six percent of deposit returns, which was somewhat surprising given that I ended up randomly investing in terrible mutual funds or stock. And, yes, that was a horrible move. So that was my lesson. So the most important lesson I learnt was that you must be responsible for handling your own money. So it was the start of my stock market adventure.
After that, I resumed direct stock market investment, suffering a loss as many of you would in 2022. It is a typical practise to pay fees to the market in order to learn about stock investing. The fundamental error that I made, and that many of you may be making, was that I used to be terrified of volatility, even when some days I saw my portfolio in green, extremely happy. Then there’s a slight crash. I’ll begin to panic. I liquidated my holdings. After a while, I realised that the market was rising. It has risen significantly. I’ll input it again now. In the first one, I made a terrible mistake by attempting to hammer the market. I couldn’t return after a year and a half, two years of my quest investment journey.
In reality, I would have lost money once again. Throughout the first three to four years of my investment career. I’d lost one since I started working again; I used to work on a variety of projects for several firms, draining their revenues and earnings. I rapidly learned that the stock market is not that dissimilar. It is about firm analysis as well as economic analysis. It is necessary to be patient. But curating my psyche, which only comes through experiences and past. So, in a way, and perhaps for your comfort, practically all investors, when they begin their investment adventure, They will lose money, particularly in direct equities. It’s perfectly OK if no one is directing you. Make a little financial loss.
But, please, don’t sell your house and invest everything in the stock market simply because it’s dropping or increasing. Please refrain from making any dramatic motions. As long as you can survive and stay in the stock market for a long time. You will make a lot of money if you can survive and stay in the stock market. So, I hope you learned from this failure.
5. Not having time for my family
Now, let me discuss my fifth and last failure, which is my inability to devote enough time to my family while pursuing my professional goals. This is a failing that I’m sure many of you can relate to: not being able to devote enough time to your wife, husband, or parents. This is a very regular occurrence since the work culture is structured in such a manner that you are left with no higher for family, which becomes a significant issue. The stakes are really high.
If you’re not competing at a quick pace, you’re likely to fall behind. So, at the age of 25, it became quite clear to me that I was prioritising my professional career far more than my personal life, which is something I would strongly recommend all of you to consider. I’m not saying you should take your career slowly, but there are a few crucial points to consider. First and foremost, please devise a productivity method for yourself because if you can do a large amount of work in 7 – 8 hours, you will have plenty of time for other things.
Also, first and foremost, what is universally relevant to everyone? Regardless of the sort of work you do, whether it’s in corporate, government, or entrepreneurship. Second, attempt to integrate your personal and work lives as much as possible. Now, this is an extremely contentious issue. I’ll explain in more detail later. So, basically, blending your personal and professional lives means doing what I’m doing right now. So I’m not saying you should follow me because I’m a gold standard. And I’m not bragging in any way. However, if life gives you with an opportunity to combine your personal and professional lives, seize it.
Many YouTubers, for example, work and film a YouTube video while on vacation. He’ll tell his wife that he’ll take a couple of hours to film a few of movies and then we’ll go to a restaurant. The main conclusion is that you must at least have the option of working from home, where you can spend time with your kids If your parents require your assistance, you can be there for them. You can simply travel. You are not hampered in terms of obtaining leave authorization or working with employers who are unconcerned about your family time. Please make these fundamental changes. Now I’m going to say something incredibly terrible, but don’t let that bring you down. Consider this.
For example, are you going to be hugely significant regardless of how much work you do or how much money you make? The reality is that none of us will have a huge impact. It’s far better to be inwardly satisfied than to strive to run some external rates. It simply isn’t worth your time. Consider this. If there are chances for you to earn money from home. If you can reach financial freedom soon, then work rapidly and balance your personal and business lives. You know what I’m not saying? Simply retiring and doing nothing will deplete a large amount of cash. The crucial thing, as our parents usually teach us, is to maintain a sense of balance. You should not push yourself to the point where you are either working nonstop or working really hard. Determine the point in the middle where the task becomes enjoyable. So these are some of the major flaws.
Conclusion
Mistakes are a necessary part of life as a human being. It’s how we learn and grow! And if we never made any mistakes, we’d be boring people who never tried new things. Mistakes can actually be fun—they lead to new opportunities and help us try out different paths in the world that we otherwise wouldn’t have taken
And Most important part of mistakes is journey to becoming an adult. They help us learn and become better people. They provide opportunities to learn new things and improve ourselves. They remind us of our strengths and our weaknesses.
When you make mistakes, they are not always bad. In fact, they often help us learn and improve. As such, the better we can tolerate mistakes, the better we can learn and the better our lives can get.
Avoid 3 L’s for better life
Leavage, Liquor, and Ladies