By Richard Feloni
Some young professionals
make the mistake of equating success solely with making money.
Most people use their
20s to figure out what it means to be an adult, and the process is certainly
not easy for everyone.
Whether you're finishing
up school, just starting out on your own, or preparing to transition into your
30s, you can benefit from the wisdom of those who've already made their way
through all of it.
We looked through three
Quora threads, "When people in their
30s, 40s, and older look back on their life, what are some common regrets they
have?", "What myths do we
commonly realize are false in our 20s?" and "How should a
22-year-old invest his/her money?" to find the biggest mistakes 20-somethings make. Here are
13:
1. They think education and talent are enough to become successful.
High intelligence,
natural talent, and degrees from elite universities are all good things to
have, but they in no way guarantee that you will land a great job — and mean
nothing when not paired with hard work.
How you work with others
and carry yourself can also turn out to be much more important in advancing
your career. "Having social skills, navigating politics, knowing who to
ask for what, and being able to see the big picture are invaluable no matter
what you do," says copywriter Joe Choi.
2. They don't start saving money.
A new survey found that
69% of those ages 18-29 had no retirement
savings at all. Your retirement may
seem far off, but you're doing yourself a massive disservice if you don't
recognize the importance of saving as soon as possible.
Entrepreneur Aditya Rathnam says there's no need to
start investing too much as you're just starting out, but that it's essential
to take advantage of your company's retirement program if it's available.
3. They equate happiness with money.
Prestige and a fat
paycheck can certainly make you happier, but there's plenty more to success
than that, says Choi.
You're setting yourself
up for years of regret if you pursue a paycheck rather than your passion.
4. They neglect their health.
As you get older, you'll
learn pretty quickly you can't party like you did in college. "Your
hangovers will be so bad at 28 that the idea of staying out drinking all night
will be a hilarious idea to you," says Meggie Sutherland
Cutter. And the more years out
of school you get, the more excessive drinking, smoking, and even an unhealthy
diet go from acceptable behavior to dangerous habits.
Communications professor Michael Weston also says that 20-somethings also need to pay
attention to their mental health, since any potential issues usually arise in
your 20s.
5. They give up when things get tough.
Ending a serious
relationship, getting fired from a job, and having your startup crash and burn
can all seem life-destroying when they happen to you for the first time. But
rather than giving up or aiming for a lower target the next time, you should
use failures as opportunities to learn and improve yourself.
"Getting fired and
waking up the next day as usual made me realize that failure isn't the end of
the world. Getting dumped taught me the difference between a good and a bad
relationship, something I already knew inside but refused to accept until the
bad relationship was over," says Carolyn Cho.
6. They put things off.
"Myth[:] You will
be incredibly successful and have it all figured out by 30 years old,"
says Sutherland Cutter.
It can be tempting to
set aside your longest-held aspirations, continually thinking that you'll have
time for them later. But then you'll find yourself at an age where it may be
too late to change careers, or go to graduate school, or start a family.
7. They try to please everyone.
When you're starting out
in your career, it can seem natural to want to be on friendly terms with your
boss, clients, and all of your coworkers. Rather than feeling crushed when you
realize some of them simply don't like you, accept it and don't stress out.
"Inevitably,
someone will always dislike you. I wish I had figured this out a lot earlier
and stopped trying so hard and worrying so much about it," says Cho.
8. They think all friendships can last forever.
"Your college pals
that you think will be your best pals for life? Some will still be there at 40,
most will be living their lives doing their thing," says Sutherland Cutter.
When your friends aren't
all living in the same town or campus, you'll realize which ones mean the most
to you, and which ones are worth the effort of maintaining a relationship with.
9. They look for their "soul mate."
Some people decide to
spend most of their 20s single, unattached to anyone. Others search for the
right person to marry. The latter group can get caught up in the fantasy of
finding someone where everything just clicks and the relationship is
effortless. But in real life, the most meaningful long-term relationships
require work and dedication.
"You have to
continuously make sacrifices, adjustments, accept shortcomings explain
yourself, but know what — that's what makes it fun!" says Mitesh Jain.
10. They think moving somewhere new will solve their problems.
Traveling and living
somewhere new can be culturally enriching experiences, and your 20s are a
perfect time to do both. But, says Choi, do not think that
moving to the opposite coast means you'll suddenly find meaning and direction.
11. They see things in black and white.
Author and investor James Altucher thinks that many people in their 20s get caught
up in absolutes. For example, some feel like they have to choose between a
career path that benefits them or one that benefits others, without realizing
that self-interest does not have to mean the opposite of doing good for the
world.
12. They try planning years in advance.
"It's hard to
predict where you'll end up and what you'll be doing," says Choi. So avoid driving
yourself crazy with five-year plans and focus on immediate goals.
13. They think they're the only one of their friends struggling.
As you're finding your way in the world,
determining who you are as an adult and building a career, it can seem like
your friends or colleagues are more successful and confident, says Sarthak Pranit. But
regardless of income, job, or living situation, every 20-something is still
figuring things out as they go along.
BUSINESS INSIDER
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