Mistake 1 - Health - Overexerted Lifting And Dislocated Shoulder
I was moving salvaged barn wood for use in a garage project. Instead of asking for help or using some form of leverage, I decided to lift a large beam unassisted. Resulting in a dislocated shoulder, 2 months of PT, and 6 more months of recovery back to normal use.
Lessons: Ask for help or use leverage, be aware of personal limits, and prioritize preventative maintenance through fitness to avoid injuries.
Mistake 2 - Wealth - Poor Risk Management Of Crypto Holdings
This year rocked the crypto industry and me along with it. At one point I was considering changing my investment approach based on new information and personal intuition, but then thought, why change what works? Intuition isn't always right, but it is worthwhile to examine such feelings.
Lessons: Build your strategy with available information and don't hesitate to change it if new information breaks your model, understand where your decisions come from (fear and greed triggers), and create rules to overcome emotional influences.
Mistake 3 - Relationships - Not Spending Enough Time With Loved Ones
This is relative to what I want and what I think my shared relationships need. This year I spent time doing shared activities, helping with projects, and offering support. More often than I would have liked, I allowed other life stressors to interfere during these moments.
Lessons: Focus on being present (turn your phone on airplane mode), take a moment to center yourself and leave your problems where they belong, and think about how you want others to remember your shared moments.
Mistake 4 - Experiences - Did Not Prioritize Time Spent On Hobbies
I enjoy many hobbies but rarely have enough time for all of them. Without prioritizing what to focus on I ended up trying to focus on everything. This left me unsatisfied with my progress across all of my hobbies.
Lesson: Choose your areas of focus each year and ruthlessly avoid doing other activities.
Mistake 5 - Business - Inconsistent Output
When progress is slow it is easy to get discouraged. During times of discouragement, it is important to rely on a system that you have developed and trust in your process to yield results. I attempted to optimize my system and became overwhelmed as the complexity exceeded my ability to manage it.
Lessons: Simple systems that track your key performance indicators will provide the most results over time, and complexity increases failure points.