What’s the Value of Remembering the Past?

Not much!

That is unless you’ve learned something from it.

The key to remembering the past is not to keep carrying over lessons of just what went wrong in the past and then vowing to never repeat the same mistake or worse yet take risks.

The real value of remembering the past is to use your success to springboard you and bolster your confidence so you’re ready and willing to take on the next business opportunity and MAKE it work out. Yes, you have more power to make any risk you take work if you are willing to take on the accountability, the flexibility and the selective memory that gives you confidence to be aggressive and to act with speed and courage.

The goal is to do your research ahead of time, explore what the worst case scenario could be, weigh the upside potential and then act based upon a trust from successes in the past and move quickly.

Know that you can make it work and also know the when to exit and how to exit going into it.

I like to say that the time to look for the fire exit is when you enter the room…not when you need to find the exit when there’s an emergency.

That’s right. I’m the guy you see on the airplane actually reading the safety card!

I’m cautious but not fearful. I’ve got a depth of experience from having a selective memory that is more attuned to when I took a risk and it worked out. And I take comfort in knowing that I do my homework first and trust that I’ll make lemons into lemonade.

There are three ways to learn when it comes to business:

  1. Do something, learn something and make money and that feels great
  2. Do something, learn something and break even and that’s okay
  3. Do something, learn something and lose money and that stinks with one big bonus….this is when I’d learn my biggest lessons.

The funny thing is the times I lost money made me sit down and revisit what went right, what went wrong and what would I do differently the next time.

The reality is I’ve learned many valuable lessons from when things didn’t work out!

The temporary failures ultimately cleared the way for me to make my biggest strides in life and career. The reason is I learned to take these setbacks as a learning experience rather than berating myself for being a failure or worse yet using it as an excuse to get overly cautious and stuck.

Remembering the past and not dwelling on it is where you too will create the proper launching pad for the big successes that await you.

Al Levi teaches contractors how to run their businesses with less stress and more success with operating manuals. To get control of your business and grow the right way, get his Build Your Operating Manuals Online Program at 7powercontractor.com/byom today.

Also, check out Al’s latest business adventure, Zoom Franchise Company, at www.zoomdrain.com/franchise-opportunityIt’s a living example of the power of manuals and more in action.

More Ways to Become a 7-Power Contractor

The 7-Power Contractor book lays out 7 simple business powers to help you run your business with Less Stress and More Success. And now, it's available in paperback, ebook, and audiobook.

The Build Your Operating Manuals (BYOM) Program provides you with 90% completed manual templates plus step-by-step instructions on how to edit them, roll them out, and train with them.

The 7-Power Contractor Radio is a podcast series hosted by Al Levi in which he shares insights on how to better run your business. Listen wherever you are.

Posted in

Leave a Comment

Your email address will not be published. Required fields are marked *

Connect with Al



Free Chapter plus

The 7-power Cheat Sheet

10 Reasons to Choose Us 

10 Golden Rules for Family Businesses


Enter your name and best email so we can send you your bonuses!

Before you leave, do you want the

FREE Book Bonus Materials

Great! We'll send you the bonuses!

What's your best email?

This site uses cookies to improve your experience. By continuing to use this site, you consent to our cookie policy: privacy policy