Things I learned back in my 20's - (1st chapter)

1. FAIL EARLY AND OFTEN; TIME IS YOUR BEST ASSET

When you are young, your greatest asset is not your talent, not your ideas, not your experience, but your time. Time grants you the opportunity to take big risks and make big mistakes. Dropping everything and traveling the world for six years or starting some company to build this crazy app you and your friends came up with when you got high one night, or randomly packing up all (four) of your belongings and moving to another city on a whim to work and live with your cousin, you can only get away with these things when you’re young, when you have nothing to lose. The difference between an unemployed 22-year-old with debt and no serious work experience and an unemployed 25-year-old with debt and no work experience is basically negligible in the long run.

Chances are you aren’t strapped by all of the financial responsibilities that come with later adulthood: mortgage payments, car payments, daycare for your kids, life insurance and so on. This is the time in your life where you have the least amount to lose by taking some long-shot risks, so you should take them. Because it’s the disastrous failures of these years — that crazy love affair with the Taiwanese dancer that made your mother lose her hair, or the entrepreneurial joint venture some guy in Starbucks talked you into that turned out to be an elaborate pyramid scheme — it’s these failures that will set you up for your life successes down the line. They are the best lessons of your life. Get learning