I read this article on Linkedin, posted by Virgin Group founder Richard Branson, and found it invaluable to myself and for child education.
“The best advice I ever received? Simple: Have no regrets. Who gave me the advice? Mum’s the word.
If you asked every person in the world who gave them their best advice, it is a safe bet that most would say it was their mother. I am no exception. My mother has taught me many valuable lessons that have helped shape my life. But having no regrets stands out above all others, because it has informed every aspect of my life and every business decision we have ever made.
It is one thing to dish out advice; it is another to lead by example and show exactly what you mean through your actions. My mum has always had a keen entrepreneurial streak herself, and still does today. When I was a child, she inspired me to take risks in all manner of business ventures. Most of them didn’t work out (notably growing Christmas trees and breeding budgerigars!) but the lessons learned were invaluable.
The amount of time people spend looking back on failed projects has always astounded me. If we were to add up all of the hours spent regretting mistakes and use that time to develop new ideas, who knows how many brilliant new businesses would be created. Even now my mother starts more new projects in a week than most people do in a year.
She explained how to think of setbacks as part of a learning curve. Sometimes it will be steep, but if you concentrate on looking forward rather than back, the climb will be easier. My mother was able to ingrain that advice in me – not just through words, but through actions.”
by Richard Branson