Sunday, July 5, 2015

Everything starts within the mind

This post is a departure from the normal talk of money or investing but leans more to self development. There are many who have mastered the art of persuasion (ability to sell) and self discipline in mind, body, and spirit. Why are these things important and what does this have to do with investing?

Right now I am going through Jordan Belfort's Straight Line Persuasion system. Yes, that's the same Jordan Belfort aka Wolf of Wallstreet who was depicted by Leonardo in the film. Reading topics of self improvement has always been a habit of mine since my teenage years and I am developing a greater sense of appreciation for it a decade later. Jordan's course is good, his ideas sound, and the system easy to understand to get in the right mindset to putforth the action necessary for success.

In discussing books recently I was talking to my friend about Napoleon Hill's books Think and Grow Rich and Positive Mental Attitude. What triggered this discussion was that a few weeks back I attended a career presentation by Combined Insurance which was founded by W. Clement Stone who was a successful implementer of Hill's book Think and Grow Rich. So I figured if Stone was successful and Hill wrote about successful people that I should read Stone's book The Success System that Never Fails to gain his perspective followed by subsequent reading of Hill. Stone's book is way better than Hill's for many reasons because it gives the reader his first hand experience with the strategies and his view on how to implement them for success. Hill's book, while good overall, is riddled with excessive stories. I am a fond believer of simplicity and Hill's book can be read by strategically capturing key information while leaving out the filler for subsequent reads if necessary.

My friend and I agreed that most of these books are common sense but that we, from time to time, need a reminder of these principles to go forward. There is no better time than today for me to refresh on some of these ideas as I transition between jobs and determine my true path for future success. All successful people succeed in similar ways and all unsuccessful people fail in the same ways. This is common in all self improvement books regardless of author and how they decide to spin the steps to get from no where to somewhere.

What I want to share is the key elements that makes a person successful:

  • Believe in yourself
    • Self empowerment - You can or you can choose not to
    • Confidence - if you don't who else will?
  • Self discovery and introspective reflection
    • What's your purpose?
    • What are your strengths?
    • What makes you happy and why?
    • Are you willing to sacrifice vices for success?
  • Mentors
    • Save yourself the time with someone who is more experienced
    • Guide you through similar situation(s)
  • Act Immediately
    • Else everything remains the same
    • At least you are doing rather than thinking
  • Persistence/Dedication
    • Can't quit
  • Success, What's next?
    • Repeat
The idea that you have to sell to yourself is that you CAN be successful at some or all aspects of life. After you truly believe that you CAN be successful then you can have a higher level of thinking or be in the winner's mindset so as to be able to accomplish something.

I've never truly enjoyed accomplishment thinking like a loser even if I won but I've always enjoyed every bit of success no matter how small in a positive mental mindset. Joy is empowering, boredom enervating. Plan to succeed, act on it, and make it happen. The first step, however, is in the mind as with anything else since it is the origination of thought and your existence.

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