What I Wish I Knew When I Was 20

‘What I Wish I Knew When I Was 20’ is a provocative and inspiring book – which I definitely recommend reading! – by the entrepreneur and Stanford professor Tina Seeling. Since each chapter is filled with lots of great, motivational stories that force you to think outside the box, I decided to put together a list of my favorite lessons from the book.

– Take the time to really understand and dissect the problem first; then take the time to clearly identify all of your assumptions. Assumptions are sometimes so integrated into our view of the world and society that it’s hard to actually see them. Once you do that, you can challenge the assumptions and tackle the problem.

– Brainstorming is about breaking out of conventional approaches to solving a problem. Idea generation involves an exploration of the landscape of possibilities where you “break” the rules of society but there’s also no need to commit to any of them.

– View failure as an asset: failure is a natural part of the learning process, and it is acknowledged as such by most great entrepreneurs. Don’t be afraid of failure, because if you aren’t failing sometimes, then you probably aren’t taking enough risks and you’re not learning from your experiences.

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– Learning from others can significantly reduce your failure rate. You don’t have to figure everything out yourself: instead, you should gather all the data you can from your environment and then tap into the wisdom of those who have gone before you in order to make the best possible choice.

– We are all powerfully influenced by the messages around us. One statement, even from a stranger, can shift the way one sees oneself and one’s prospects. So don’t preclude yourself from interacting with the people around you.

– Pay attention and figure out what actually needs to change in your life. This self-assessment process forces you to come to terms with the fact that sometimes it’s time to move on to a new environment in order to excel. Don’t be in a rush to get to your final destination—the side trips and unexpected detours quite often lead to the most interesting people, places, and opportunities.

– The harder you work, the luckier you get. Put yourself in a position to be lucky. The lack of good luck can be very much self-imposed. The world is full of doors through which we can find a staggering array of opportunities—we just have to be willing to open them.

– The most common mistake in all negotiations is making assumptions. In fact, parties often share interests, even when they believe they’re on opposite sides of an issue. Know what you want to achieve from any negotiations, but don’t walk in with a clearly defined plan. Instead, listen to what’s said by the other party and figure out what drives them.

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– Being in the same position does not mean we are actually in the same place. Your position is how the world sees you, and your place is how you see yourself in the world. Always try to put yourself in people’s shoes and understand where they come from and their struggle to get to their position.

Michele Robatto is a Sport Management Master’s graduate from the University of San Francisco with a passion for Entrepreneurship, Marketing, Partnership, and Customer Experience.

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