Saturday, September 12, 2009

If i knew then ..


It is better to know nothing and do a lot,
than to know a lot and do nothing.

(Theres no correlation between intelligence and wealth.
Action is a critical ingredient in success.
What you do is far more important than what you know)

Everyone falls over.
(The difference between winners and losers is in the response.
Winners get up again and bounce back)

Do not blame another person, circumstances or yourself.
Just learn.

(Mistakes are more than "an acceptable occurrence". They are essential.
If you blame yourself, you are hurting someone who you
should be spending energy to nurture - yourself.)

Don't burn your bridges. Bomb them.
( but don't burn the people on the other side)

Be wary of gurus who advocate getting a passive income.
(Business and property is fun, scary, rewarding, exciting, energising, exhausting and
much more. But I have not yet experienced the process as "passive".
The income itself might be considered in technical terms as passive, but the process involved in
achieving it is definitely not. To the contrary, it is bloody hard work!
The satisfaction in all this business and investment stuff is not about the money, rather the adventure.
To simply aim for passive income seems to be missing the best bits.)


You don't have to be an expert at anything.
(We do not have to know anything in particular about the business we are in to be a success.
We should have some knowledge of the industry, but there is always the option to attract good
people to work with you. They can be the experts in their chosen field.

The key is not rocket science.
Hire good people, point them in the right direction,
get out of their way and help them when they need it.)

The secret to success.

Try stuff.
Some of it works. Some doesn't.
You learn.
You try more stuff.
You have fun.