before i begin, let me clarify what i mean by “starting early”
to be clear, starting early is not mutually exclusive with age.
i interpret it as starting wherever you are without waiting for the perfect alignment of the planets.
the thing with starting early is that-
1. you don’t know how much you don’t know.
2. you also think you know just enough to start.
your humble confidence cancels out your sheer ignorance.
but you only enjoy this privilege when you start out early.
don’t get me wrong. im not discounting experience.
but when you’re starting out early, you get to think about wins and losses in a different way.
if you win, you really win. you hit a home run
if you lose, you’d have learned a lot. A WHOLE LOT.
your “loss” is 1x your investment. your win however could be 1000x your investment.
you can’t lose as much as you invested.
but you gain more than you invested.
“sunk cost” is an underrated gift when you’re young b/c they’re not lost but instead compounding.
the thing with compounding efforts is that they add up, with patience.
you can’t recover the cost because it’s a cost.
but you can reap the compounding efforts of the cost down the line.
so when you’re young, sunk cost is a gift. don’t worry about it.
greater rewards = greater risks
to be comfortable with winning big, you have to be comfortable with losing big.
said another way, to be comfortable with winning big, you have to be comfortable with learning a lot.
when you see it this way, there’s really no alternative that’s a downside.
the alternative to winning is learning a lot.
the alternative to learning a lot is “winning + learning a lot”
cause even when you win, you’d still have learned a lot.
either way, you’re better off than you were when you started.
p.s i spent days thinking about how to end this but didn’t get any inspiration. so i’m leaving it this way.
feel free to end whichever way it speaks to you.
ttyl,
dulra <3