Episode 780: The Ten Best and Worst Decisions of My Life - Part One (Worst Decisions)
The Mind Your Business Podcast
James Wedmore
4.9 • 1.8K Ratings
🗓️ 18 August 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
What is a "bad decision" if not a lesson in disguise? And what do you do once you've learned that lesson? Today, I'm sharing the ten worst decisions I've made across my 18 years in business and life. From costly business partnerships and legal missteps to personal regrets and missed financial opportunities, I'm pulling back the curtain on my biggest screw-ups so you don't have to make the same ones.
This isn't a conversation about regret; it's about reflection. Tune in now and to let us know which of these you can relate to the most, and make sure to tune in next week for Part Two, where I'll be revealing the best decisions I've ever made!
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In this episode you'll hear:
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Why doing it yourself is sometimes the best option, and how I learned this lesson the hard way through multiple business partnerships
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The crucial importance of getting every agreement in writing
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Why you should invest in yourself sooner and the single decision that changed my business trajectory after years of struggling
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How the habit of investing, no matter how small the amount, is more critical to financial success than how much money you make
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What I learned after selling Bitcoin and passing on real estate opportunities out of fear
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Why the desire to "improve" something that's already working can lead to costly mistakes and how I learned this lesson the hard way
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The importance of keeping your guard up and not trusting easily
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Why a bad decision is only a true mistake if you don't learn from it and apply the lesson to future choices
For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/780
Transcript
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| 0:00.0 | You're listening to the Mind Your Business podcast. In this week's episode, I share the 10 worst |
| 0:07.6 | decisions of my entire life. Oh, stay tuned. Stay tuned. Hi, I'm James Wedmore and with 17 years online, I've built my business to over $12 million |
| 0:26.0 | in sales per year. And this is the first non-business business podcast that shows you how to apply |
| 0:33.7 | the principles of spirituality, energy, and mindset to grow your business beyond your |
| 0:39.0 | wildest dreams. All from the inside out. This is the Mind Your Business podcast. |
| 0:49.0 | What's up, friends? I'm James Wedmore. And I'm Jenny Finley. And Jenny had no idea that this is the topic for today's episode. |
| 0:56.1 | I like this new format where you just throw the topic at me. |
| 0:59.3 | Surprise. |
| 1:00.2 | After a recording, I'm like, it's so fun. |
| 1:02.7 | And I thought through a couple of these episodes because these are things that have been |
| 1:06.2 | on my mind, things I wanted to share. |
| 1:07.9 | And, you know, I've been running our brand of business by design and |
| 1:12.3 | teaching business coming up on 10 years now. So I was like 10 years of this. It's been 18 years in |
| 1:18.2 | business. It was 10 years of this. I wanted to share the 10 best and worst decisions. We're going to |
| 1:22.3 | make it a two-parter episode. Okay. So I'll talk about the worst ones first. Okay. And these are life. Okay. |
| 1:29.7 | They're not business only. Wait, so is it 10 worst and 10 best or is it five and five? |
| 1:35.8 | 10 and 10. 10. So we're doing the 10 worst decisions you've ever made is what we're doing today. |
| 1:41.0 | Yes. Oh boy. Yes. Okay. And I'm going to be honest, this was hard. It was |
| 1:46.8 | really hard. And the intention behind this episode is to like maybe help someone avoid a bad |
| 1:52.4 | decision. Okay. Number one. And number two, what's been on my mind and I share it like with our |
| 1:56.4 | BPD members is what's fascinating to me is how much of success, long-term, sustainable, lasting |
| 2:02.1 | success in any business across the board, doesn't matter what business you're in comes down |
... |
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