Learning from Mistakes.

Kia Ora,

I thought I would get back to this week the reasons why I found the Rich Dad Poor Dad series suited me.

Early on he states that you learn in life by making mistakes yet the education system is set up for 'A' students & a system where it is wrong to make mistakes.

Because we all go through the school system we pick up on this & go through life trying to avoid making mistakes.

Personally I always claimed to have learnt more in the army than anyone else as I made more mistakes & the military actually encourage mistakes in training. That is why you train. Better to make most mistakes in training, than when the bullets are flying.

To that end Robert Kiyosaki designed a game called Cashflow 101 then 202 so you can make more mistakes when playing than having to use your real money.

Since then other groups or people involved in wealth creation have taken that on board & there are now a few games that do the same.

It all fits with the 'Cone of learning' where we learn most by doing the actual task, next by simulating (in the military we called this BHL/BHE-Battle Handling Lessons followed by Battle Handling Exercises, then exercises proper) the real life situation.

The next level is by playing games.

Funnily enough the ways most people learn the least is by reading or lectures.

It is probably why I made so many mistakes in the army. I am essentially an 'A' student in that I do learn most by reading, but choose a profession where it required me to perform at a practical level.

But it does open you up to opportunities. The next step is how to take advantage of them.

Currently besides writing my blogs on the subjects I am passionate about, it is supposed to be a way to create cash flow, but it is a slow process.

Virtually everytime I am on I see something I have being doing wrong so fix to see how that makes a difference.

On the big picture I can see how they all connect ( I will get my twitter up & running soon, someday), but the nuts & bolts are a bit different.

As they say it is the same with investing. Most people make a mistake doing it & give up, saying it was too risky instead of trying to learn the lessons it presented. It is hard at times to see those lessons because you are upset at the latest person to have ripped you off or misled you.

Even those that are successful may still have a lot of lessons to learn if they are to hold on to it.

Many people suddenly come into a great amount of money through lotto or good jobs, but it is not how much you make or have that measures your wealth but how much you keep.

It is also about learning the laws applicable as there is a lot you can do, that most people will say you "can't do that here". It just takes some knowledge to find out how you can do that here or more importanly a change in mindset.

Many people get upset with what others are doing to keep their lifestyle going. Calling them crooks, but it is more a lack of knowledge on one parties part, than anything criminal in nature.