Experience – Does it Pay?

What choice do we make - imageWe all agree that experience in life plays a large part in the decisions that we make.

We also like to deal with experienced people when we have to trust them to complete a task. I am sure that you wouldn’t want to trust a builder with little experience. Phrases like “I’ve never done that before” don’t inspire confidence. In many situations experience does pay.

However is experience everything? Are their times that experience can be a disadvantage?

I want to write about this from running a business perspective. In today’s world change is inevitable and our experience in life can tell us that change can be good if we get it right. However you may have made changes in the past to your business that have not worked. As a result of past experience this can make us reticent to make changes now or in the future. In other words a person lacking such experience may do better because they have not had a bad experience. They will try new things and succeed because they did not think about failure based on past experiences.

If experience is making us cautious we could try a ‘test the situation’ method. Rather than diving into to something new we could give it resources to test to see if it works without risking our business. However whatever we do we must realise that we should not allow ‘experience’ to prevent us from making necessary changes to our business.

What are your thoughts about this subject? Please leave your comments in the box below.

Roland Millward
The Entrepreneur Club

Image: jscreationzs / FreeDigitalPhotos.net

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3 thoughts on “Experience – Does it Pay?

  1. Most definitely experience can hold you back – it can also bring with it the “comfort zone” and not everyone embraces change.

    I often hear, “I’ve always done it this way” – obviously they are always getting the same results and whilst they are happy with them, they do not understand why they are not achieving greater goals. Introducing change can be hard to this type of person because experience tells them they are right, and stepping out of their comfort zone is scary.

    I helped my husband build his Courier business – my husband was a technophobe and definitely believed in pen and paper. Encouraging him to use a PDA was a struggle, but after a couple of months and continual prodding, he eventually saw the benefits of new technology and is now continually looking to upgrade and improve his methods and systems.
    Keeping up to date and abreast of technology and change demonstrates your ability and gives confidence to any prospective client who may be reticent to take on the change themselves.

    We all have to embrace change or get left behind – whether it is technology, legislation, employment law or just finance. As a VA our role is changing constantly and technology is vital to our survival and I have to say I do use the “test the situation” method – thankfully I can do this using my husband’s business as guinea pig without any risk to his business or any other business – at the same time gaining the relevant experience in product or method to offer to my clients.

    Whilst everyone looks for experience when employing someone in whatever role, the employer is also looking for adaptability – it’s no good employing someone who has his/her head deep in the sand while the world is changing around them.

    Bring on change and technology – if it makes my working day easier I welcome it.

  2. There is also nothing worse than misleading or even blatant lying about your experience.

    If I come across a client situation where I don’t know the answer I tend to say that I will find out the right answer. If I do a piece of work which involves me needed to update my own knowledge I will often reduce the fee accordingly.

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