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3. People don’t see the world the way you do

This was one of the first and most crucial lessons I learned. As a young person, too often we assume that everyone thinks as we do, and this means our judgement is critically impaired. Whether you’re evaluating potential partnerships, hires, or even clients, you will run into inevitable issues if you make the mistake of thinking that people see any given situation through the same eyes that you do. Developing an ability to step out of your own viewpoint will ensure that you’re able to make more informed and objective decisions that will aid your long-term success. The logic that underlies your own thought process isn’t universal, and learning to express and adapt your vision to account for more varied perspectives is critical to driving a business forward.

4. Seeing obstacles is as important as seeing opportunities

Being solution oriented is a major boon for young entrepreneurs, but it can be dangerous when it comes without the ability to identify problems before they arise. The older you get, the harder it is to ignore all the instances where something didn’t work out: a potential client rejected your proposal, or an investor shot down your pitch. One of your biggest assets as a younger CEO is the ability to see the world in terms of its possibilities as opposed to its pitfalls, since you’re in the enviable position of being unencumbered by an awareness of all the obstacles in your way. But the fact that you “don’t know what you don’t know” is also your greatest weakness. If you want to be a successful CEO, you will need to cultivate an appreciation for where the future obstacles along your path will lie and adjust your course accordingly. This will ensure that instead of wasting time dealing with crises as they erupt, you will be able to anticipate and avoid them.