Becoming rich and staying rich are two different things. Becoming rich involves a lot of effort and getting out of the comfort zone. Of course, you need to work your ass off. But staying rich requires intelligence. Because money put on depreciating assets can reduce the wealth into half within a short period. All the efforts that were put on creating this massive wealth goes in vain. Staying rich is equally important as becoming rich.
The problem with people who were used with instant gratification is that they would often assign wrong time frame with result analyses. What gets them to get their feet off the pride work is correlated with the measurement. The first few time blocks are always found to go against expectations. Without having the right time frame to measure, they often fall into the trap. The initials days or months always are meat to experiment and learn. During this learning process, things won’t go as expected and mistakes are necessary. Because learning at the early stages makes the person or the organization strong and keeps huge losses away in the near future. This period is often misunderstood and depicted as a wrong scenario thereby instilling the wrong belief or notion of passion. This is imprudent in nature and could be fixed straight with understanding or guidance. The range of possible net outcome differs different purposes. On a personal level, it requires less time a...
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