Skip to main content

Having a Role Model

Hot Fashion

Hot Fashion
As important as personal experience is, think how invaluable it is to have a role model as well - someone who's navigated the rapids before you and has a good map for you to follow. You can have a role model for your finances, a model for your relationships, a model for your health, a model for your profession, or a model for any aspect of your life you're learning to master. They can save you years of pain and keep you from going over the falls.

There will be times when you're on the river solo and you'll have to make some important decisions on your own.

The good news is that if you're willing to learn from your experiences, then even times you  think were difficult become great because they provide valuable information- key distinctions - that you will use to make better decisions in the future. In fact, any extremely successful person you meet will tell you - If they're honest with you - that the reason they're more successful is that they've made more poor decisions than you have . 

People often ask, "How long do you think it will take for me to really master this particular skill?" And I ask them, "How long do you want it to take?" If you take action ten times a day ( and have proportionate "learning experiences")  while other people  act on a new skill  once a month, you'll have ten months   of experience in a day, you will soon master the skill, and will, ironically, probably be considered "talented and lucky."

I tell you now, "Mastery takes as long as you want it to take".



Hot Fashion

Comments

Popular posts from this blog

Increase your wealth

The most important thing you'll ever do in your financial life is to decide to truly understand  the various types of investments  and what their potential risks and returns are.  Responsible advisors will make certain that all of their clients thoroughly understand the kinds of investments that are available and that they take part in the development of their own financial plans.  Without a clear-cut investment plan, you will eventually fail financially. According to financial newsletter editor Dick Fabian, "Evidence shows that investors- investors in anything make no money over a ten-year period.   There are several reasons for this tragic statistic, including: 1) Not setting a goal, 2) Chasing after trendy investments; 3) Relying on reports from the financial press; 4) Blindly taking advice from brokers or financial planners; 5) Making emotional mistakes, and so on.... Fortunately, the answers to your financial questions...

Take control of your financial l future...

Today we will learn about Finance  and the keys to building lasting wealth.  Wealth  today, has become a very critical aspect of our lives.Most of the tensions in life, relationship problems and self-esteem problems is because of  lack of wealth.  People don't see  who or what you are, they see  WHAT YOU HAVE.  We are often judged by our economic status.    We fail to remember that  "Money was made for Man, and not Man for Money".   True, wealth is important, but so also are human values. You may have all the wealth in the world but you may be too old to enjoy it, or you may have a  major illness which does not allow you to enjoy your wealth. Then what use is the wealth?  When we are young, our whole life goes by working hard in our jobs to  create wealth. Then after 30 or 40 years are over we find out that the wealth needs to be maintained so we work more hard to keep our wealth and we ...

INVESTING : Can You Borrow Money to Buy Stocks?

  It seems like an obvious move. We’re in a bull market and stocks are soaring. Interest rates are still near historic lows. If you can borrow money at a single-digit annual interest rate, you should be able to earn enough in the market to pay off the loan and earn a substantial profit. But how does that work in practice? Can you borrow money to buy stocks? And more importantly, should you? Let’s take a closer look. Yes, You Can Borrow Money to Buy Stocks The simple answer to the question is yes: you can invest borrowed money in stocks. It’s a risky strategy. It’s also quite popular, especially during bull markets. Some people have used it very effectively and made money. Others have lost, sometimes badly. That’s the simple answer, but how do you go about doing it? The decision to invest with bor rowed money comes down to comparing the cost of borrowing versus the expected investment returns… If the returns exceed the cost, then the transaction makes economic sense. How Can You Inv...