Both are equally as important. It’s great to learn from your own mistakes because you suffer the consequence or thrive in the reward. But same for learning from others. If you are surrounded by people who are a bad influence, they may suffer the consequences of their actions and you will know not to make the same mistake they did. If you surround yourself with a good group of people, they may be rewarded for something they did or an achievement they reached, so it may encourage you to do better or be a better person like your friends.
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To pass on from one place or person to another or a electrical signal or a trait
The verb in the sentence is, to follow (his father's footsteps). This verb is used as an infinitive. An infinitive is a word in the verb form that functions as a noun, adjective or adverb. Infinitives are generally introduced by the word "to".
personification or hyperbole