90: The Risk of Staying Inside a Mistake - Top Takeaways

04/26/23 • 4 min

What is the risk of staying inside a mistake? In episode 89, I interviewed Kathleen Adams, who started her new business in her fifties and she discovered that the platform she chose to run her business on was a mistake. We dove into how to deal with moving through that mistake. What it means to push through and choose something different. But I think that there is a lesson here for all of us about what it means to let go of a commitment and move on to something else.

When you make a commitment to something (a job, a marriage, a business venture, a partnership) it feels easier to stay inside that commitment rather than go through all the pain and heartache of moving into something new. It feels risky to move into something else. There's inertia. There are all the things that we've done to get settled in that decision. And there are all these unknowns on the other side of it. Will it actually be better? And how do I really know that it's going to be an improvement? But at the same time, you can't sit and stay in that mistake. Change is painful. It's not easy, but it's worth it.Consider what is the risk of not making that change or staying in that mistake. It's regret. Regret is the biggest risk.

So if you realize that something in your life is a mistake. Then it might be time to start making changes and understand that there is going to be pain with it, but you're going to be able to push through. And there will be something new on the other side.

Tune in to learn more about my top takeaways from Katheleen Adams.

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Get the show notes and resources on our website at: https://latestartersclub.com/90-the-risk-of-staying-inside-a-mistake/

Facebook: https://www.facebook.com/LateStartersClub

Instagram: https://www.instagram.com/latestartersclub/

Website: https://latestartersclub.com/

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Make sure you grab the free guide, Top Tools for Late Starters on the website at https://latestartersclub.com/tools/

Tune in to learn more about my top takeaways from Katheleen Adams.

==========================================

Get the show notes and resources on our website at: https://latestartersclub.com/90-the-risk-of-staying-inside-a-mistake/

Facebook: https://www.facebook.com/LateStartersClub

Instagram: https://www.instagram.com/latestartersclub/

Website: https://latestartersclub.com/

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Make sure you grab the free guide, Top Tools for Late Starters on the website at https://latestartersclub.com/tools/

Previous Episode

89: The Second 50 Movement an Interview with Kathleen Adams

My guest today has a driving ambition to help those in their second 50s obtain financial confidence, find opportunity expansion, and gain enhanced vitality. In this interview, Kathleen talks about what it took to start her own firm focusing on this age group and how her realizations have led her to more and more opportunities to show how to live a better life!

Kathleen Adams, CFP®, CPWA®, RMA®, entrepreneur, co-founder of Second 50 Financial; author of “Second 50”. Expanded financial planning for successful people who want financial confidence, opportunity expansion, and enhanced vitality.

Join me as Kathleen talks about:

[00:00] Introductions

[01:29] What was the catalyst that inspired Katheleen to start a financial services firm that focused on those in their second 50s?

[03:26] Given that Kathleen was in a good firm, why did she decide to go out on her own?

[5:06] What were some of the obstacles that she faced as she opened her own practice?

[7:17] What were the best ways to get over those obstacles?

[9:02] Who are some of her favorite mentors and teachers? What have they taught her?

[11:05] How can you find a supportive group that will help expand your thinking?

[14:42] What is the next phase of the Second 50 Movement?

[22:55] How do you think your views on aging have changed?

[25:19] What is her favorite quote, right now?

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Get the show notes and resources on our website at: https://latestartersclub.com/89-interview-with-kathleen-adams/

Facebook: https://www.facebook.com/LateStartersClub

Instagram: https://www.instagram.com/latestartersclub/

Website: https://latestartersclub.com/

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Make sure you grab the free guide, Top Tools for Late Starters on the website at https://latestartersclub.com/tools/

Next Episode

91: Change Your Money Mindset - Quick Fix Friday

Are you worried about your retirement and financial future? Maybe you aren't sure about even starting something new because you feel like it would be a little bit less secure than the job you have now. Or maybe you've been laid off and you're a little bit concerned about your financial future.

These are common concerns and in this episode of Quick Fix Friday, I'm going to dive a little bit deeper into ways you can first change your money mindset, then talk about budgeting techniques that will help you secure your financial future. Be sure to visit our website for a list of books about money mindset and budgeting.

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Get the show notes and resources on our website at: https://latestartersclub.com/91-change-your-money-mindset/

Facebook: https://www.facebook.com/LateStartersClub

Instagram: https://www.instagram.com/latestartersclub/

Website: https://latestartersclub.com/

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Make sure you grab the free guide, Top Tools for Late Starters on the website at https://latestartersclub.com/tools/