Month: March 2012

Warren Buffett. The legend. The greatest investor of our time. This man has a lot to offer and it is a must that you begin to learn from the best. Whether your into investing or not, he offers pearls of wisdom that you may not be able to discover elsewhere. His story is remarkable and I advise you to check up on his biography if you are not aware of who he is.

Anyways, below are some of his greatest quotes that offer insight into what makes him so darn successful.

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”

It is no surprise that Warren accumulated so much wealth because from the get go he knew this was exactly what he wanted to do. It is much easier to accomplish something if you know what you are after. Otherwise you are just travelling blindfolded in an attempt to luckily land on success which is far less likely. Therefore it is a must that you clearly define your goals and dreams. Create your own vision. Eliminate all doubts whatsoever. No room for doubts on the pursuit of success. Doubts keep people broke and their dreams unfulfilled. We all have doubts, however it is important to not surrender to them. Rise above and keep going. Never give in. Don’t let up and don’t give up.

“I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”

Many people believe that success comes fast. This unfortunately is rarely the case. Instead all the big successes that characterize the successful are the result of small successes. All those small successes begin to add up and are ultimately what gives rise to the creation of the big life making successes. So take it easy and understand that the pursuit of success is all a process. Get some small successes under your belt.

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

Although this quote seems greatly applicable to only investors it actually offers some great advice for the everyday person. You always need to be thinking long term. Don’t get caught up in instant gratification. Instant gratification is the enemy of long term success. Be wise and think how your decisions are going to effect you 5-10 years down the road before proceeding to make them.

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

Your reputation defines you. Sure you cannot control what others say about you, but you can influence their perception of you. Warren would not have made it this high up the ladder if it wasn’t for his honesty and integrity. A great way to increase your reputation is by always keeping your word. This simple tactic will go along way since majority of people do not keep their word in today’s times.

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

The quote above is simply one of the truest statements ever made. Read it and apply and watch your life change. If you could only do one thing that would result in the greatest effect you should do the above. Simply life changing. Majority of people surround themselves with people who are worst than themselves. Sure this gives a rise to your self esteem, but it robs you of ever becoming better so seek out the very best and watch your whole mentality change for the better.

It all boils down to how much you can get done in a day. The way you utilize the 24 hours you are granted each day will ultimately determine if you “make it.”

It goes without saying that hard work is the recipe for success in any endeavor, however contrary to perceived opinions, relaxation is also important.

Before we get to talking about relaxation it is important to note that most people believe that you have to be working non stop in order to get what you want. Well, there’s two things wrong with this statement. One being that you actually need to work smart and hard and not necessarily long which ultimately means that by working smart you can get twice as much done in a shorter time span rather than getting the same amount done in a longer time span. For instance, some people can complete a certain task in 2 hours while others can complete it in 5 hours. Now it is obvious that the latter person has worked longer, judging by the time, however he/she didn’t work harder nor did he/she work smarter. Working smart and working hard go hand in hand. Therefore, progress should not be measured based on how many hours you spent doing something, but rather on what you got done. 

The second thing the statement made earlier ignores is our bodies natural rhythm. Our body’s are very interesting and their performances can be viewed in cycles. These cycles are characterized by peaks and slumps since we experience peaks and we also experience slumps throughout the day. For instance, you may have noticed that during certain times of the day you feel energetic and productive, however you also feel in the dumps that same day. This is the general pattern of our bodies. We continuously go through ups and downs.

Therefore, the person who is constantly working non stop experiences these highs and lows and as they progress they begin to experience more lows which shows on the quality of their work because they are not in a state of relaxation to restore their body. By not restoring their body they do not get their body back up to the peak level. Hence, this is where continuous relaxation comes into play. In order to be operating at a high level you have to schedule times of relaxation throughout the day.

Relaxing is to your body, what gas is to your car. You need gas in order to operate a car without any problems and the same can be said about relaxation. You need to relax in order to perform in the most effective manner.

You should schedule relaxation during certain periods of your day.

A rule of thumb is to take a 5-10 minute break and completely relax your muscles for every hour you work.  The important part here is your muscles have to be completely relaxed. No tension in them whatsoever.  A good way to do this is to just go lay down and close your eyes and just relax. Don’t think of anything, just keep your mind clear. What this will allow for you to do is to escape that slump phase we humans go through. You should perform much better and your productivity should increase if you shut off your body for about 5-10 minutes. This is one of the main reasons why athletes take a brief nap before game time. The reason for this is simple, continuous relaxation fits into our phase of ups and downs perfectly as it occurs during the slump phase and therefore gets us right back up to the peak. Therefore, begin your quest to relax. Relax all your muscles and drift off to another world for about five to ten minutes. Do this continuously and you should see your productivity increasing.

There are numerous ways in order to put yourself above the herd and seek out new opportunities. This simple, yet effective way involves you to simply use your brain. Nothing more, nothing less. Simple as it can get.

Most people aren’t using their brains effectively. Instead they are running on auto pilot. This defines majority of the people in today’s population. No deep thought, no questions posed, just auto pilot. Therefore, in order for you to get a leg up on the competition all you have to do is be open your mind and use your brain.

NEVER shut your brain off.

Always be thinking.

If you follow these two pieces of advice you will be on your way. In order to understand why this is so effective is because like I just mentioned, majority of the people hate using their brain. Instead they use their brain once and from then on run on auto pilot and always follow that one route. Unfortunately the problem with this is that one route may not be as beneficial as another. That one route will not create new opportunities. Therefore, the person who isn’t running on autopilot and actually takes time out to question will experience tremendous rewards.

The ones who question the status quo are ultimately the ones who change it. For instance, Steve Jobs deeply challenged the status quo. While others were running on autopilot and content with it, he stepped back and posed some questions about the computer industry until he started coming up with answers he liked and that ultimately led to the creation known as Apple.

Therefore, you need to nurture this skill to constantly be thinking and be open minded in any endeavor. Use it whenever you can. In fact you can use it in most situations during your daily life. This will build your thinking skills up and not only make you more knowledgeable, but open your eyes to new opportunities as well.

This is crucial. Success depends on capitalizing on opportunities. The one who seeks out opportunities and exploits on them is ultimately going to be the one who walks out superior. Therefore, the way to find new opportunities is to constantly be open minded. 

Majority of the people fail to recognize new opportunities because they are so immune to doing something a certain way or looking at something in a certain light. They have conditioned their mind to believe that there is no better way so they never do find it and instead just go along with the herd. This mentality seems to describe the average person and it is obvious that this mentality won’t get them very far.

On the other hand, the elite, always seem to create new opportunities.

Opportunities ultimately results from experience + critical thinking. For instance, the whole reason why Richard Branson started up what is now known as Virgin Airlines is because one day he was in a plane and didn’t like the service (experience) and thought he could do a much better job (thinking skills). It is important to note that if the average person was in Richards shoes all they would have done was complain and bitch, however Richard put his brain to the test and instead came up with new ways to make the system much better which led to the birth of Virgin Airlines.

With all this in mind, the way to create new opportunities is to live life and question everything. If you don’t like something, ask yourself, “What can I do to change it?” and in your answer lies the opportunity.

It’s graduation season. Maybe you are on the verge of graduation or your graduation has long passed. Regardless, below are Bill Gates eleven pearls of wisdom that he believes that kids did not and will not learn in school.  I decided to pass this along to you for two reasons, one he offers his two cents on a variety of different topics and secondly it will be greatly applicable to you or to kids you may know of any age. There is really some great insight you can take away so read below…

Rule 1 : Life is not fair – get used to it!

Rule 2 : The world won’t care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.

Rule 3 : You will NOT make $60,000 a year right out of high school.   You won’t be a vice-president with a car and a phone until you earn both.

Rule 4 : If you think your teacher is tough, wait till you get a boss.

Rule 5 : Flipping burgers is not beneath your dignity. Your grandparents had a different word for burger flipping:  they called it opportunity.

Rule 6 : If you mess up, it’s not your parents’ fault, so don’t whine about your mistakes, learn from them.

Rule 7 : Before you were born, your parents weren’t as boring as they are now.   They got that way from paying your bills, cleaning your clothes and listening to you talk about how cool you thought you were.  So before you save the rainforest from the parasites of your parent’s generation, try delousing the closet in your own room.

Rule 8 : Your school may have done away with winners and losers, but life HAS NOT.   In some schools, they have abolished failing grades and they’ll give you as MANY TIMES as you want to get the right answer.  This doesn’t bear the slightest resemblance to ANYTHING in real life.

Rule 9 : Life is not divided into semesters.  You don’t get summers off and very few employers are interested in helping you FIND YOURSELF.   Do that on your own time.

Rule 10 : Television is NOT real life.   In real life people actually have to leave the coffee shop and go to jobs.

Rule 11 : Be nice to nerds.  Chances are you’ll end up working for one.

Knowledge is power. Knowledge leads to the spark needed to create new ideas which results in huge benefits. Knowledge serves out human beings and makes their minds unique. Your mind is ultimately defined by what is in it and this all comes down to the knowledge you possess.

Therefore, since we are all equal and the only difference in us all is what is in our minds then it should go without saying that knowledge is essential for success. The difference between a successful person and a non successful person is what they possess in the depths of their minds.

The successful have leveraged the use of knowledge to build up a competitive advantage which obviously equates to tremendous rewards.

With all this understood, you should be on the quest for knowledge. However, it is interesting to note that contrary to perceived opinions, knowledge is not primarily found in the classroom. Many people believe that education and the pursuit of knowledge is done in school, however, most knowledge learned in school really is not applicable to the real world. The knowledge picked up in school is typically just about theories that have no merit to the outside world. Hence, this form of knowledge is not really usable (however it does offer knowledge related to the formation of new skills which is a very good reason to enroll in school).

Knowledge therefore is found mostly outside the classroom. Many people believe that their pursuit for knowledge is over once they leave high school or college. They believe that they have become knowledgeable. However, you can never become knowledgeable. There is always room for improvement.

It all comes down to what you know and you can never know too much. So with that stated, below are two free methods which are very simple that you can undertake in order to increase your knowledge.

1. Get A Library Card– Not rocket science. Its a must that you have a library card. Not only should you have a library card, but you should be using it as well. The knowledge found in one book will far surpass everything you have ever learned in the public school system. Believe me. True knowledge is to be found in non fiction books. The lessons learned from these books which are written from people before you who have accumulated a life time of wisdom will completely change your life. Therefore, it is a must that you put your library card to good use and try to knock down a book a week.

This is the simplest way to increase your knowledge which will result in massive benefits.

The second way to increase your knowledge is more specific as you can learn a lot from just watching…

2. TED Videos– TED is great. Simply amazing. For those of you who are not aware of what TED is, it is ultimately the get together of the leading thinkers around the world who come together in one place to give brief talks about a variety of different topics. These videos are very similar to university style lectures except for two big differences. One, they are brief and appealing and two, the knowledge accumulated is regarding the real world. No theory bullshit.

You can go to TED’s website here: http://www.ted.com/ to start your journey or you can subscribe to their YouTube channel which is TedtalksDirector.

Habits. What type of habits do you have? I encourage you to take a step back from everything and analyze what you do on a daily basis. These are your habits. Now I ask you, are your habits constructive or destructive? Will your habits lead you towards becoming a better individual who will become successful no matter what, or are they keeping you from becoming successful? Brutal honesty is the way to go when answering these questions because if you deceive yourself and say you have habits that are constructive then your not going to have an open mind to the solutions put forth regarding the formation of  the right types of habits.

You know yourself better than anyone so you may have some really good habits in place or you may not. Regardless, you can still add onto those and further increase your odds of success or take this opportunity to form the right habits now.

Before I go into depth about the creation of new habits you need to realize one important fact…

Each day you are granted a limited amount of will power. 

What you do with this willpower is completely up to you. But allow me to fill you in on a secret. Will power is the essence of creating habits that are everlasting.

Therefore, you need to use the little bit of willpower you receive on a daily basis and  put it to good use in order to not only build up your habits, but to strengthen them as well.

What Is Willpower?
Put simply, it is ultimately self control. Hence, it is exactly as it sounds. Taking control of your own behavior.

Most people do not use their willpower and channel it towards something productive therefore they are all over the place and appear to be a lose cannon. You on the other hand, need to start directing this willpower towards building new habits.

This article is all about creating new habits the right way so that they truly become habits and not just another phase you went through. With that said, lets get to it.

How To Build New Habits
When setting out to build new habits it is important to realize that we humans ultimately do the same things every day. We are creatures of habits so therefore forming new habits isn’t as hard as you may think.

If you don’t believe me, just go back to the analyzation you made earlier about what you do on a daily basis and you will see that you participate in the same old activities and do the same old things day in and day out.

To take this a step further, we humans ultimately do the same things every day, we feel the same things every day, and we think the same things every day. Again, I encourage you to analyze yourself during the next couple of days in order to prove to yourself that this is true.

Hence, with all this in mind, this is where that little bit of willpower comes into play. What you ultimately need to do is to take the willpower you are granted on a daily basis and put it towards forming a new ritual. A ritual is exactly as it sounds, its something you do everyday.

So whatever habit you want to form, make it a ritual. For instance, if my new habit involved me wanting to increase my skill of becoming more outgoing. Then a ritual I may adopt is to speak to someone new each day. Some simple ritual like that will go along way.

Don’t let a day go by without conducting your ritual. It ultimately takes thirty days to make that new ritual apart of you. What you want to do is to repeat the ritual on a daily basis until it becomes coded in you and apart of your daily actions. Again this usually occurs around the thirty day mark. It is important that you do not break the streak. Stay committed, however here is what you are ultimately going to experience when trying to adopt a new ritual as a habit.

When forming a new habit and performing a ritual for thirty days you are going to undergo three unique phases. The first phase usually last from day one to about day ten and its basically like you are trying to get up a hill. Your mind is not going to be used to this new ritual so it is going to attempt to do everything in its power to stop you from completing your ritual. You are going to be faced with tons of resistance. This is where most people quit and give up. You, however are going to muster down and get through this phase. It only lasts for about ten days. If you condition yourself to perform your ritual for ten consecutive days you will have defeated the resistance and will have ultimately made it up the hill. Use your will power to push you during this phase.

The next phase occurs from about day eleven till about day twenty and this is where your mind is slowly becoming accustomed to performing your new ritual so fortunately you will be faced with very less resistance. Your mind is ultimately seeing if you stick with it, so during this phase it is a must that you continue.

And lastly, the last phase which occurs during the last ten days is where the ritual starts to become apart of you and doesn’t really require any work on your behalf except for continuing to perform your new ritual. During this phase, the ritual will become apart of your daily activities and it would seem like you  have always done it, therefore your brain will have no resistance towards it whatsoever and will continue to perform it day in and day out just like any other habit you have formed in your life.

With all this in mind, it is important you begin creating the right type of habits. I advise you to stick to one ritual at a time and like Eben Pagan said, imagine how powerful you would be if you performed 12 new rituals a year? Imagine the new you. I bet you won’t be able to recognize yourself when you wake up after you put into your life twelve new rituals.

Here’s the simple formula again…

Each month form a new ritual. Do this for a consecutive year and the results shall blow you away.

Life is sacred. However, most people go about living life in all the wrong ways, they do not cherish life instead they treat life as if its a job.

They live out a boring ass life and once they are on their death bed is when the regrets begin to pour out. This is very common in most individuals as they let life pass them by without doing what they truly want to do. With that said, in order for you to prevent this happening to you, below are the top three rules for living life to the fullest.

Top 3 Rules For Living

1. Life Is For Living, Not Living Uptight– These wise words were spoken by the legendary rapper, Jay Z. Always remember them. Memorize them and whenever you are going through a difficult time, don’t let it affect your attitude. Many people treat life as if they were forced to live, instead of treating it as a gift. You only live once, so truly live. Do what it is that you always wanted to do.

Most people know exactly what they want to do, however they let fear stop them. Well a rule of thumb is to feel the fear and do it anyways. Live out a life that people could watch on a movie theater and would not be bored by it. Live it to the maximum. Take your life as far as you want, at the end of the day, it’s all up to you. You need to open up the gift of life every new morning and be thankful. Whenever you are in a horrible situation understand that you can simply change it. Your actions can change it. You only live life once so don’t settle for negative situations. Change them to truly be what you want them to be. You have the power.

2. Don’t Take Life Too Seriously, You’ll Never Make It Out Alive– How many people do you know that are always uptight and are all about following the straight and narrow road? Tons, I bet. These type of people are always so damn serious and never really live. Really unfortunate. They let negative circumstances get them down and they always beat themselves over about it asking a billion and one what if questions. Don’t let this be you.

Take it easy and enjoy yourself, when things go wrong, don’t stress yourself  because at the end of the day when death draws near none of it is going to matter. Remember that. The only thing that is going to matter is if you lived your life the way you wanted to live it.

3. Leave Some Form Of Legacy– By being true to yourself and following your heart you should aim to leave your mark on this planet. When its all said and done, let it be known that you made an impact. Don’t settle for being just another human being that lived and is now dead. Instead, become someone that people talk about well after your last breath.

Ask almost any human being alive if they would like to be rich and you will be overwhelmed with tons of YES’s. It’s a fact of life I guess that people want to strike it big financially. Whatever the reason for you wanting to become rich is irrelevant in the face of actually doing the necessary things to become rich.

Many people say they want to become rich because of this or because of that, but their actions are not in alignment with their desires which results in them not becoming rich.

With that said, the purpose of this article is to put your desires in alignment with certain actions which you can implement in your life right away in order to start itching your way towards financial freedom.

Therefore, I purpose to you a simple, yet effective way to strike it big financially which is to be accomplished by thinking like a bank. 

Let me say that again. If you want to become rich start thinking like a bank.

Now it is apparent that this is definitely not the only way you can become rich since there’s a million and one way ways to make a million and one dollars ha, but this is more of a mindset builder which will result in you increasing your wealth. Hence, it’s one of many ways to get rich, unfortunately it is not a get rich quick method. In my perspective there is no get rich quick method because if there was such a method than everyone would be rich.

With that said, building up your mindset and taking the necessary steps will result in your accumulating wealth. In order to build up your mindset you first need to know what a right mindset looks like…

The Mindset of a Bank
The number one goal of a bank is to generate profit. That is what every commercial bank aims to do. They want to make money just like you want to make money. This is the first step, right now your and the banks mindset is in alignment, but the bank generates this money in much different ways than the average person does. The bank ultimately generates money by investments, while the average person generates money through devoting his/her time and truly working hard for it. The bank has money create money, the average person has to work to create money. These are some of the basic differences between a bank and an average individual that results in a separate mentality amongst the two. Therefore, in order to truly become a person who possesses the  ability to think like a bank you first need to understand how banks work and how they generate profit.

How Banks Work
I will be talking briefly about the way commercial banks work. Commercial banks are the banks that you come into contact with in your daily life. The way commercial banks work is they ultimately get people to open up an account with them. For instance, you probably have an account opened at a near bank of your choice.

Next, the person who opens up an account with a bank soon begins to deposit money into his/her account. For instance, every time you receive a cheque you deposit it into your chequing account as well as maybe put a way some money in your savings account which will result in interest earned.

Now what the bank does with your money once it is deposited is it ultimately takes a certain percentage of the money you deposited and it invests it. On the other hand, it also leaves a small percentage on hand in case you want to withdraw your money. Next, the bank takes the large percentage of money and puts it to good use. It ultimately invests it whether that be by granting loans, investing in businesses, or whatever it is. The bottom line is it seeks out profit bearing investments and puts the money to use.

By investing the money you deposited it makes money which results in profit since it is much more than the interest it owes you. Hence, it uses your money in order to make money for itself while at the same time making it appealing to you to continue depositing money because you will earn interest. In that sense, it’s a win win for everyone.

That is the way banks ultimately function. Again that was the simplest explanation since I just wanted to highlight some key actions that distinguish a banks thinking form a normal human beings thinking.

Lessons You Need To Apply
As I just mentioned the bank does two things with the incoming money it receives, one is to save and the second is to invest in order to generate more money. This is what you need to do. You need to become a bank ultimately. With every paycheque you receive, you should put aside a certain percentage into your savings account and let it accumulate which in return can be used to generate more money once it reaches a significant level.

Due to the fact that you don’t get to enjoy some of the great luxuries the bank enjoys, I advise you take off at least 10-15% off your paycheque and let it accumulate while the rest can be spent towards bills and necessary expenses.

By letting your savings accumulate and investing the money in return should result in more money being made. This process can be repeated till infinitely and it will continue to bring in more money after more money considering that you are making sound investments. Of course you are going to lose money along the way, therefore it is up to you to become an intelligent investor.

However the fact of the matter remains that if you follow this method you will become rich. Now I’m not saying that it is going to happen over night, but it eventually will happen. You may be thinking to yourself, well if it was truly this easy than how come more people are not rich? Well allow me to shift your attention to two main problems which keep people broke.

1. THEY SPEND MONEY ON UNNECESSARY THINGS INSTEAD OF SAVING– You need to take control of your spending habits. If you receive money and you continue to spend this method will never work for you because you are not saving. You need to stop spending money on shit that you do not need. Simple as that. However, we are all humans and I get that we all want shit that we don’t need so I offer a simple solution to this issue…

Allow your investments buy you shit you don’t need. Put the money you earn to good use and the return you receive on your investment can be used to purchase new fancy items. For instance, say you want a Lamborghini. The dumb person would generate about $200,000 and go buy a lambo. Whereas the intelligent investor would put that $200,000 to use and let it accumulate more money. Once that initial $200,000 investment is returned this is used to purchase the Lamborghini. Now the difference is in the latter stage you have a Lamborghini as well as an asset that continues to pay out money. This is how the rich operate as I’ve mentioned countless times in past articles and this is how you should start to function as well.

The next reason why most people don’t achieve financial freedom is because…

2. THEY DON’T INVEST THEIR MONEY– Now it’s much easier to become rich when you are working hard, saving your money, and investing than working hard and just saving. Don’t get me wrong, the former method can be used to get rich, however the latter method will result in you raking it in much faster. With that said, I encourage you to tune up your investment skills. Starting out, you are probably going to make huge mistakes, but remember, every mistake contributes to your learning. The person who has made the greatest number of mistakes is ultimately the person who has learned the most and is therefore much more likely to experience success.

With all this noted, it is a must that you shy away from these two issues just mentioned which keep people broke and follow this method or other methods and truly strive towards financial freedom if that is your goal.

It’s human nature I suppose to get a few bucks and go out spending. Many people have trouble keeping money in their pockets. That I cannot fix. However, what you spend your money on contributes to your success level in an indirect way. Everything you go through in life ultimately shapes your character and that character is what leads one to either become successful or not. Remember that. Re read it again.

So what you spend your money on will either increase your odds of success or decrease the odds. Now it is obvious that money is better spent by investing in things that will offer a return and profit, however that you already know, so I will not be talking about that type of spending in this article.

Instead I will be shedding light on the everyday spending habits of many.

Most people in today’s world spend their hard earned money on possessions. They spend money on objects. These objects elicit some emotional responses once you buy them, but soon after the emotional response you first got begin to fade, making the object obsolete. This is the prime reason why you should not waste your money on possessions. For instance, have you ever had a time when you were so caught up in getting something that you deeply wanted, that once you got it, after awhile those feelings faded out and the object you purchased was now just another object? This happens to almost every object people purchase. It’s only a temporary fix and is truly just a waste of money.

With that stated, in order to live a richer life, you need to stop buying possessions and instead buy EXPERIENCES. This simple shift of perspective will lead to a much enriched lifestyle. Believe me. When you seek out and buy experiences, the emotions you receive from that experience stay with you till your death, since the experience results in memories being made. This is crucial and should be what you should be spending your hard earned moula on.

People ultimately purchase items because of the feelings they believe they will receive from them. With that said, most people believe that possessions will offer the greatest amount of feelings when in fact the opposite is true. Buying experiences is what results in fulfillment and a much better life.

It is important to note that experiences are intangible objects ultimately. Examples of experiences include everything that you spend money on in which you don’t receive an object in return, instead you get to experience something. For instance examples of experiences include, vacations, jet skiing, sky diving, yoga class, kickboxing, etc. I think you are beginning to get the point. It should be becoming obvious that by purchasing experiences such as those mentioned above you will become a well rounded individual.

A hidden advantage of purchasing experiences is experiences enhance neural outgrowth. Put in simpler terms, once you experience something your brain becomes stretched and opened to new limits and does not go back to it’s normal dimensions. Hence, the more experiences you accumulate the greater the wisdom you articulate which in return shapes your character and builds you up for success. 

A couple days ago, I stumbled upon a recent article written by the Mavs owner, Mark Cuban.

The article, surprinsingly was written in a perspective not shared with many. In today’s world when you ask for career advice, most people hit you with the same line, “follow your passion.” Well, I turn it over to the words of Mark Cuban who will show you why this is the wrong advice and what you should focus on following instead….

I hear it all the time from people. “I’m passionate about it.” “I’m not going to quit, It’s my passion”. Or I hear it as advice to students and others “Follow your passion”.

What a bunch of BS.  “Follow Your Passion” is easily the worst advice you could ever give or get.

Why ? Because everyone is passionate about something. Usually more than 1 thing.  We are born with it. There are always going to be things we love to do. That we dream about doing. That we really really want to do with our lives. Those passions aren’t worth a nickel.

Think about all the things you have been passionate about in your life. Think about all those passions that you considered making a career out of or building a company around.  How many were/are there ? Why did you bounce from one to another ?  Why were you not able to make a career or business out of any of those passions ? Or if you have been able to have some success, what was the key to the success.? Was it the passion or the effort you put in to your job or company ?

If you really want to know where you destiny lies, look at where you apply your time.

Time is the most valuable asset you don’t own. You may or may not realize it yet, but how you use or don’t use your time is going to be the best indication of where your future is going to take you .

Let me make this as clear as possible

1. When you work hard at something you become good at it.

2. When you become good at doing something, you will enjoy it more.

3. When you enjoy doing something, there is a very good chance you will become passionate or more passionate about it

4. When you are good at something, passionate and work even harder to excel and be the best at it, good things happen.

Don’t follow your passions, follow your effort. It will lead you to your passions and to success, however you define it.