Take the Shot!

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In the movie Top Gun, there is a classic line that all fighter pilots say, “Take the shot! Take the shot!” If you saw the movie, you may recall that the time available to take the shot at the enemy aircraft is measured in split of seconds. If you wait too long or are unprepared, you will miss the opportunity. The same is true in the world of money. The window of opportunity to take the shot is also narrow. If you are frozen in time, stuck in the past, dressing like your mom or dad, unprepared, or lacking the business and investment skills required, you might not even see the window of opportunity, you may take shots at opportunities that are also frozen in time and not going anywhere.

Robert T. Kiyosaki 

Make Us Feel Special

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No matter where we go, we trust those with whom we are able to perceive common values or beliefs.

But when a company clearly communicates their WHY, what they believe, and we believe what they believe, then we will sometimes go to extraordinary lengths to include those products or brands in our lives. This is not because they are better, but because they becomes markers or symbols of the values and beliefs we hold dear.

We are drawn to leaders and organizations that are good at communicating what they believe. Their ability to make us feel like we belong, to make us feel special, safe and not alone is part of what gives them the ability to inspire us. Those whom we consider great leaders all have an ability to draw us close and to command our loyalty.

Simon Sinek

Double your Rate of Failure

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The author Arthur Gordon once approached Thomas J. Watson Sr., the founder of IBM, and asked him how he could succeed faster as a writer. Thomas J. Watson, one of the giants of American business, replied with these profound words:If you want to be successful faster, you must double your rate of failure. Success lies on the far side of failure.

The fact is that the more you have already failed, the more likely it is that you are on the verge of great success. Your failures have prepared you to succeed. This is why a streak of  good luck seems to follow a streak of bad luck. When in doubt, “double your rate of failure.” The more things you try, the more likely you are to triumph. You overcome your fears only by doing the thing you fear until the fear has no more control over you.

Brian Tracy

Refuse to Believe You Can’t Succeed

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Alexander’s adamantine will and belief in himself stemmed from the fact that he was willing to out-plan, out-work, and outlast anyone. He didn’t chase dubious shortcuts, and in some cases, purposely avoided them just to experience the glory of overcoming a great challenge. He didn’t beg for the favor of the gods; he strove to overawe them.

Whether sieging an “impregnable” city, facing an “invincible” army, or solving an “impossible” knot, Alexander refused to believe he couldn’t succeed. He was driven to win by any means necessary, and he rarely played by the “rules”.

No matter the journey, one will always face opposition, whether in the form of competitors, enemies, meddlers, saboteurs, incompetents, and the like. The simplest way to defeat them all is to accomplish what you set out to accomplish. Don’t let them divert your efforts into undesirable directions. Don’t let them convince you that compromises are advantageous or necessary.

 Sean Patrick

Dream While You are Awake

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One morning, before the sun comes up, he passes along some words his mother always tell him.

Qué lindo es sonar despierto, he says. How lovely it is to dream while you are awake. Dream while you’re awake, Andre. Anybody can dream while they’re asleep, but you need to dream all the time, and say your dreams out loud, and believe in them. 

In other words, when in the final of a slam, I must dream. I must play to win.

Andre Agassi

Producing for Consumption

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Business on a money-making basis is most insecure. It is a touch-and-go affair, moving irregular and rarely over a term of years amounting to much. It is the function of business to produce for consumption and not for money or speculation. Producing for consumption implies that the quality of the article produced will be high and that the price will be low – that the article be one which serves the people and not merely the producer.

The producer depends for his prosperity upon serving the people. He may get by for a while serving himself, it will be purely accidental, and when the people wake up to the fact that they are not being served, the end of that producer is in sight.

Being greedy for money is the surest way not to get it, but when one serves for the sake of service – for the satisfaction of doing that which one believes to be right – then money abundantly takes care of itself.

Henry Ford

Mind Your Business

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The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making that person rich.

To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, not your income column. 

The rich focus on their asset columns, while everyone else focuses on their income statements.

Start minding your own business. Keep your daytime job, but start buying real assets.

Keep expenses low, reduce liabilities, and diligently build a base of solid assets.

Robert T. Kiyosaki