When you read financial success, there are many ways to perceive financial success. True financial success for me comes from achieving something of value – something that serves other people and makes the world a better place while providing support for my family. And that my friend, it’s easy to do.
By the way, this is a series of 4 blog posts. Here is a link for PART 1.
When people see successful people, they might think to themselves:
“How did they get there?” “I bet they were lucky.” “Could that ever happen to me?”
These 3 phrases combined make financial success a mountain so high to climb, that most people give up before even taking the first step to climb.
What’s worse, caring reader, is that many successful people help widen the financial success’ gap. They might do it on purpose or by accident, but when they glorify themselves and their own story, it may seem that others can’t achieve what they’ve achieved.
I don’t want to be that guy. Far from it. I want to encourage you, so together we can shorten the odds against your success. I believe that it’s possible for anyone to achieve success in the way that I’ve described it today. So, how do we achieve success? Is there a secret trail to the mountain that you haven’t heard yet?
Not really. It’s because some people haven’t realized the importance of planning.
If you’ve ever gone rafting, you know the importance of planning.
If you haven’t, I’m about to give you a picture of it.
The guide or the instructor has to plan the best route to navigate safely through the massive rocks that rapidly approaches the raft. If the instructor doesn’t do a very good job planning the route, or even worst, doesn’t plan the route at all, then the raft can easily smash into a rock or overturn.
Financial Success is The Same Way.
John Wooden, one of the greatest college basketball coaches of all times, summarizes in 1 quote what I’ve been try to tell my friends all these years:
“WHEN OPPORTUNITY COMES, IT’S TOO LATE TO PREPARE.”
He won 10 NCAA national championships in a 12-year period, including a record 7 in a row with this mindset.
Oh man he knew how to prepare didn’t him?
He basically said that we need to be intentional daily and we ought to be prepared daily, so when a financial opportunity comes for us, we can seize it.
You see, if we wait for the opportunity to come and then we say – “Oh I think I need to get prepared” – by the time we get prepared, the opportunity is gone.
Opportunities don’t stand and wait on us. Opportunities keep moving. So, when people come to me and say:
“Johnny, I would like to learn more about finances, but I’m not in a financial position to do anything right now”.
I say to them:
“Prepare now and learn the foundations of personal finances before you move into trying to open your own business.”
Prepare for this position: To make money!
Don’t fall for the trap that after you get a lot of money or your opened a business that all of the sudden you’re going to read a finance’s book.
How about reading the finance’s book now and then you get the money?
I bet you missed an opportunity before because you weren’t prepared. I know I have.
Why don’t you comment below and tell us about a time when you maybe missed an opportunity just because you weren’t prepared.
Also, while you’re at it, tell me one financial book that you start reading today. If you need suggestions, just ask me and I will be more than happy to help you.
Take care my friend!