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Do You Make This Success Mistake?
By: Mike Litman
This success mistake has cost me so much money that I'm almost
embarrassed to tell you.
"So Mike, why are you telling me?"
Because I know that if you can steer away from this success mistake, it
can help you improve your income and change your life. That's my goal.
Here's how this came about:
Yesterday, I was reading a book about investing from the very
successful
money manager Peter Lynch.
Even though he was talking about 'investing', he zeroed in on a success
principle that so many people miss.
I did.for 7+ years and it cost me a fortune.
And it caused me a bunch of stress.
What's so interesting is that Warren Buffett used this same success
insight to become the 2nd richest person in the world.
Here's the deal:
I used to be so 'short-sighted' and wanted immediate gratification.
If my new 'business idea' didn't work out in 30-60 days, I quit.
Then I'd try something else and, after a week, I went onto something
else.
This downward spiral happened for a while because I was 'ruled' by a
short-term vision and the desire for immediate gratification.
This is how 98% of the world operates.
THIS is why only 2% of the world live their dreams.
Here's what Peter Lynch was saying and what Warren Buffet knows.
Also, Michael Dell knows this, Bill Gates, Donald Trump, Oprah and
others all know this.
***One of the biggest 'secrets' to success is taking the LONG-TERM
VIEW.
(Let me say that again)
***One of the biggest 'secrets' to success is taking the LONG-TERM
VIEW.
When Warren Buffett makes an investment, he's looking 5-15 yrs out,
sometimes more.
All great entrepreneurs understand that in order to WIN BIG they must
take the long-term view.
3-years, 5-years, 15-years, 20-years+.
You need to give yourself time for your idea or business to grow.
Most people never do this - it's unfortunate. AND.it's also never too
late to start.
You need to EXPAND your horizon.
Change your perspective.
You need to take the NEXT STEP today and keep in mind your long-term
view. Not necessarily a specific long term goal, but a longer term
VIEW.
There's a season for everything.
Take the time to plant the seeds, water them, and be patient for your
harvest.
Stay disciplined.
I know you can do it.
About the author:
by Mike Litman
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If you're scattered, if you procrastinate too much, and if
you want to 'rev up' your income, see Mike Litman's site at:
http://www.powerofconcentration.net
Circulated by Article Emporium
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