Knowledge comes from experience but it shouldn't be our own experience. We should be able to learn from the mistakes of people around us. There are times that if we fall victim for some certain circumstances we find it difficult to recover from it faster. Such things we delay our time to do what we plan on doing or achieving the goal we want.

Ill add to what you have said so far. I will be focusing my point on time. Time is very important in life if we want to be successful. So many people that falled in life were doing a lot at the earlier stage. But the thing is that they were busy doing something that did not profit them later in the future. All those why they felt they were on the right track untill time went far and they achieved nothing. In as much we choose to take actions quickly, we must make it a criteria that we choose a right path that at the end of the day we would be successful. We shouldn't limit ourselves to the little things but rather look at the bigger picture in life.