Learning from Others’ Mistakes

A few weeks ago, I was reading a book by Rick Warren and noticed that several times he wrote about the benefit of learning from others’ mistakes.  He said that we don’t have enough time to make all the mistakes and learn the respective lessons ourselves, so we need to watch and learn from the mistakes of others.  Great wisdom.

So, with that in mind:  Circuit City filed for bankruptcy yesterday.  You can read about it and the effects here, here, here, and lots of other places.  Casey Ross posted last week (before the bankruptcy filing, after the store closing announcement) some lessons that can be learned from Circuit City.  Enjoy the great insights and use this opportunity to learn from others’ mistakes.

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