Start over, but take a different path…

March 12, 2024

This graphic from my real estate company offers good advice, but perhaps not enough.

Certainly starting over does provide an opportunity to build something better, but only if you have learned from your past failures and take a different path this time.

There is an old saying that insanity is defined as doing the same thing over and over and expecting a different result. Sadly, too many people take that approach to life. Most don’t stop to analyze why they failed the other times that they tried. They convince themselves that if they just work harder along the same path that they took before they will succeed. Often, that approach leads only to a slightly different failure.

Thomas Edison was famous for telling people how many times he failed at some of his greatest inventions before he got them right. Edison learned from each failure and took a slightly different path on each try.

Starting over also allows one to modify their goal and define a new end point or expected result. That is important because failures allow you to examine those goals or your definition of success. It might also allow you to set more realistic and achievable short-term goals on the way towards a larger long-term goal. That way you can celebrate those short-term wins to keep yourself motivated for the long haul.

One roadblock to starting over that many people allow is to become fixated on the “sunk money” or “sunk time” that you have invested in your failed approach. You may think that “I’ve come too far to start over”. Give yourself a break. Congratulate yourself instead for being too smart to continue down that dead end path. And don’t waste any time looking for a scapegoat to blame. Own the bad choices that you made; learn from them and move on.

A good habit to adopt is to frequently stop and evaluate what you have done, what you are doing and what you think will come next. Are you making progress against your short and long-term goals? Is there anything that needs to be adjusted or perhaps even abandoned and a new direction taken? Regularly reviewing and evaluating where you are and what you think is next will keep you from going too far down rat-holes and wasting time and resources.

So, don’t be afraid to start over, just make sure that you take a different path this time. Persistence and perseverance are not good traits to have if you use them on the wrong path. Learn from your past mistakes and build something better this time.