Tuesday, January 6, 2015

Things That Will Make You Money - Number 17 - Be Aware/Open to Opportunities

Really successful people do things that other people will not do.  One very important thing they do is to keep themselves open to and aware of opportunities.  This is like going from being closed off to just one room in your house and opening the door and finding the possibilities in all the other rooms. Sometimes in our mind we limit ourselves to where we are and get closed off to other opportunities that are open to us.

Open to Other Possibilities

What happens is we start to think only certain things are possible for us. As opposed to identifying what we want to achieve and working toward it, we let others or that voice in our own head tell us what we can and should do. Personally I do not like to do what most of the world is doing and I don't like limiting myself.  But in reality sometimes I get closed off because of what is going on in my head. It is a fight we all face. The question for each of us is do we just continue with the ideas we have been conditioned to or do we challenge them and ourselves?

As a result or considering other possibilities I personally have zero...yes absolutely zero debt...and I live where I want to live right now. I have always made choices that terrify others but I try not to let fear or negative emotions affect my decision making. I like being different and really successful people are different from the mainstream.

Taking Charge of Emotions

Really successful people are not worried that most other people are making different choices. In fact if everyone were doing what they were thinking about they would really reconsider their options. Big time traders always anticipate what the majority are going to do and they get in ahead of everyone else and get out when everyone else is listening to the advise of their cabdriver/bartender/neighbors and they start getting in. They take their money and run to the next thing before everyone else gets in too late. They are trailblazers and calculated risk takers and as a result they get different results than everyone else does.

Reality: Failure and Success

Full disclosure: sometimes when you do things that most people are afraid to do it does not work out well (at that time). Unfortunately in this world not every good idea works at the time you get in. Just like in sports such as baseball where a batter tries to get a base hit and the really successful succeed just 3 times out 10. The most successful basketball players actually miss more shots than everyone else but they also make more as well. The nature of the world today is so many things don't work out. The really successful don't allow that to make them stay safe on the porch. They get out and "run with the big dogs" and if something does not work out they either adjust their plan or make a new one. The best hitters in baseball sometimes smile when they fail because they learned something that will help succeed later in the game. Things will not turn out as you hoped every time and that is OK. But you should learn something every time that you can use to succeed.

Empower Yourself 

Be a really successful person by not allowing negative feelings, like fear of failure, to keep you from exploring opportunities. Most people won't do this but if you do you will feel alive because you made a plan and went for it. That is the related thing that really successful people do, they do their homework and they don't act without really checking things out.  Really successful people don't emotion rule their decisions.  Rather they take control of their decisions and their lives.

The CPA Superhero wants to help you to succeed in business, life, and in retirement.  While my main business is preparing tax returns, I also work with clients to setup accounting systems to start, manage and develop their business(es) and develop and implement a financial plan. Contact me using my information below to schedule a free introductory consultation up to a half hour. 

Jeff Haywood, CPA

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My posts contain general information that does not fit every situation, they are not all inclusive, and as always for your tax situation everything "depends on facts and circumstances."  In addition, the information/IRS requirements are always subject to change.  So call me to talk about your specific facts and circumstances and what you want to accomplish.