There are three ways to learn from experience, minimize errors and maximize success. They are foresight, insight and hindsight.
Foresight
If you take the time to examine the consequences of your actions and to learn from others’ mistakes, then you can eliminate or minimize errors and maximize beneficial consequences. You take time to address possible mistakes, to create safety, security, effectiveness and other parameters, and you prevent many of the mistakes you have made on the past or you see others making. This is foresight.
Insight
If you examine your motives, beliefs, assumptions and expectations; if you get crystal clear on your intention and goals, then you can increase the efficiency of your actions and make wise choices. Because you know what you want, how you need it and other parameters that satisfy your goals, you are more likely to address these parameters efficiency before the event, so that you maximize its benefits. This is insight.
Hindsight
Sometimes, no matter how much you plan and examine, there are unexpected consequences. If you don’t have time or experience, you may not be able to do foresight or insight as well as you could. Then unintended consequences arise. Errors are committed. Goals are not achieved. It flops.
You still can learn from these mistakes to prevent them from happening in the future. This is Hindsight. It is the least desirable, because you go through failure to arrive at success, but it is often inevitable and a good way to gain wisdom.
If you don’t use any of these sights,
you are walking blindly through life.
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