Welcome to 2021, the year that comes with a lot of promise.
Truthfully speaking, every day comes with a promise. A promise to grow beyond imagination, a promise to love and protect your family and so much more. When all is said and done, whatever possibilities each day brings, you have to be ready to seize it. Stay ready so that you won’t have to get ready. In the words of Les Brown, “It’s better to be prepared for an opportunity and not have one, than to have an opportunity and not be prepared.”
Most people I speak to have a very reserved outlook for 2021. The normal elation for the dawn of a new year, with new possibilities, is somewhat subdued, even in the aftermath of what was one of the most difficult years we have just experienced. So what’s the odds that 2021 will be better than 2020? A correct question will be, “What’s YOUR odds…?” Whilst you are thinking about the question, and before I attempt an answer to that, just a little story… I am an avid Warren Buffet fan, more than 2000 books are dedicated to how he built his fortune, and I have read a fair chunk of them.
Many of them are wonderful. But few pay attention to the simplest fact: Warren Buffet’s fortune isn’t due to just being a good investor, but being a good investor since he was literally a child. As of December 2020, his net worth was $85.6 billion. Of that, $85.3 billion was accumulated after his 50th birthday. $82.6 billion came after he qualified to go on pension. If Warren were like most of us and only started investing in his mid-30s instead of his early teens, he would not have accumulated $85.6 billion. What would your best guess be? $50 billion? $30 billion? Nope. Less than $12 million. Jip, that’s Million, not Billion. 99.9% less than his actual net worth, Effectively.
Warren Buffet’s financial success can be tied to the financial base he built in his early years and the longevity he maintained in his old age. His skill is investing, but his secret is time. That’s how the 8th wonder of the world “compounding” works! Back to the question… As much as I would like to predict this year’s outcome, I don’t have a crystal ball, and I suspect most of you don’t either! What I do know is that “sharks gills only work when in motion!”, unlike other fish, if a shark stops moving forward, it dies. You and I are the same. Instead of tackling this year with some trepidation or even fear, for what 2020 dished up, start moving. One action step at a time.
If you have a clear picture as to where you want to go in the different areas of your life, which should include:- Health – (Physical, Emotional and Relationships); Wealth – (Time, Business, Income); and Life – (Personal Development, Religion, and Contribution). Then start building momentum with a steady stream of small wins that build on each other rather than chase down massive goals, which will exhaust you before the 30th of January.
If you have built a sound foundation, just DWWWD… Do What Warren Would DO! Start compounding. Pursue weekly hits over quarterly grand slams because the latter put you at risk of drowning in the long through between. You still attack some massive goals, but you do it one thin-slice at a time. This way, you don’t predict the outcome of 2021; you dictate!
Wishing you as our valued client, and your loved ones a wonderful new year with growth opportunities and success.
All the best, stay safe, and be blessed.
CEO – attooh! Group of Companies