FEAR



We live in America. Greatest country on Earth. 90% of the world lives on $2.50 a day. Our worst nightmare situation is their wildest dream. Life is too short to suffer. Especially when you have choice. If true freedom and happiness were easy, most would have it. Most don't. Especially in this country which has more opportunity than any other.

Most of us who are feeling stuck aren't being held back by anything but the shackles of our own fears. 

Being comfortable for so long makes you weak, and fortune favors the brave. There's no way around it. Everyday that goes by that you choose to willingly be unfulfilled is a day you will never get back and time is something running out for us all. You Blink and 5 years go by.

If you're fortunate enough to be in America and you don't take advantage of staking your claim in this world, it's a smack in the face of the literally billions of others who would die, and have died to try to make it here and build a legacy for future generations.

No more waiting.

There is no perfect time.

There is no perfect situation.

I'd rather face my deepest fear than be sentenced to disappointment, frustration and mediocrity until I'm in the grave and cursed to think about who "I could've been if only".

Take the risk

If within the last 15 years an immigrant goat herder from Turkey could come to this country in his early 20's with no formal education, no friends, no family, no money, no business skills, no computer knowledge and unable to speak English... and then start a company and become a BILLIONAIRE by his 30's, you're gonna be OK. The former immigrant is Hamdi Ulukaya. The company he started is Chobani yogurt. 

Fear is the devil's tool to stop you from achieving God's Plan.
 
 
Warren Buffet made a bet in 2008 with Protege Partners. He bet One million dollars that in 10 years from that time an investment in the S&P Index would out perform the Protege Partners pick of the top five hedge funds they can find.

The results are in. A little short of 10 years later and the results aren't even close. The S&P Index gains of 65% while the hedge funds came in a little above 21%. (http://fortune.com/2016/05/11/warren-buffett-hedge-fund-bet/)

So with this being the case, why would anyone ever put money in a hedge fund?

Mutual Funds are no better. Here's what the data shows: 96% of actively managed mutual funds FAIL to beat the S&P over any sustained period of time. (Money: Master The Game) That means you have a 4% chance of picking the right fund. ONLY 4%!! To give contrast, if you played blackjack or as it's known 21, and had two cards that added up to 20, and told the dealer to hit you instead holding, you have an 8% chance of getting an ace. 8%!!!

Your best bet... Do what Warren Buffet did in the bet and what he advises his wife to do when he passes away. Put your money in a low fee S&P Index Fund and avoid Fund managers and mutual funds all together.

NOTE: This advice is for those who are not willing to become financially educated enough to invest in assets they control. That's ALWAYS the best route. Yes, it takes more time, energy and risk, but the rewards far outweigh anything available any of the above models. Invest in assets you control and creating cash flow is a cornerstone principal of capitalism.
 
 
Air BNB founder Joe Gebbia was interviewed saying he had many failures before success with Air BNB. He wasn't the first with the idea. He didn't have a bunch of money.

  Once he had the bright idea for the company, success did not pour in. He had to relaunch the company, not once, not twice... but 6 times before anyone really paid attention.

In 2008 while they were on TV being interviewed by CNN for helping 800 people find a place to stay for the DNC, they were still trying to find a way to make ends meet.

Joe says, "For the first three or four years it was the most dismal painful years of my life."



Now it's worth $30 Billion dollars in a little over 9 years. For perspective, Marriott is only around $20 Billion and it's over 100 years old.

Question:
How many times have you relaunched your business before thinking it would never work?

#BULLETPROOFBELIEF
 
 
This is paraphrased from Benjamin Graham, the mentor of Warren Buffet and one of the greatest investors of all time. Sound advice that applies to all. 

Know your circle of competency. When you stray to far out from it you reduce your chances of being profitable. Being unguided in uncharted waters drastically increases your chance of mistakes and errors, while dramatically decreasing your likelihood of success. 


At the same time constantly expand and explore your circle of competency because that's where your personal innovations will come from. It's where your most easily recognizable, scalable and profitable projects will be found. Never forget to constantly expand your circle of competency as it will give you an ever increasing area to mine in order to find the gold just beneath the surface. 

#BULLETPROOFBELIEF
 
 
Never doubt the Focused Few. 

Not too long ago a focused few stood up against an empire that stole from them, oppressed them and exploited them and there people. Those focused few, against all odds, and ridicule, and risk to self, who were given little chance of succeeding, created a movement of the people that tipped the domino and toppled the English Empire, and lead to the creation of the strongest nation in the history of the world.
 
Those few were the Founding Founding Fathers of America. 

But it all started with just a few... who were outnumbered and outmatched... considered foolish... but fed up and willing to do whatever it takes to get the freedom they deserved... The lives they knew God wanted for them.

Those few handful of individuals turned into hundreds of millions. 

Never doubt the power of The Focused Few.  

#BULLETPROOFBELIEF
#BORNTOUPGRADE
#BETHEIMPOSSIBLE
 
 

When it's the hardest to find a reason to go on, you shall.

When it's the most challenging to get to the other side, you must.   

When it's the most difficult to push forward, you will. 

Adversity is the fire that is used to forge and shape the untested soul into the purest form of excellence ever intended. You must welcome the flames trusting that unbreakability and strength beyond current comprehension is inevitable. 

#BULLETPROOFBELIEF
 

The Game

06/01/2016

0 Comments

 
Regardless of your background, your history, what others tell you and what you tell yourself, you gotta believe you deserve it. Believe you are worthy of it. Believe it is yours to be had. Believe anything less is a robbery of your destiny.
Then, go out there and bust your ass for it so bad that those on the sidelines think you're crazy. They're on the sidelines watching... watching  the game. They cheer... they boo... But that never distracts those in the game. Most people never do what it takes to even step on the field. And when the sidelines clear, the only ones that anyone will remember, write about or care about,  are those that had the guts to do what it takes to get in the game.
When the winner is crowned, it's not about who was born the biggest or born in the right family. It's the one who was the most determined  and had more heart than everyone else. That's who gets crowned victorious. That's who receives, their THRONE.

#BULLETPROOFBELIEF 
#EMPIREBUILDING
 
 
Regardless of your background, your history, what others tell you and what you tell yourself, you gotta believe you deserve it. Believe you are worthy of it. Believe it is yours to be had. Believe anything less is a robbery of your destiny.

Then, go out there and bust your ass for it so bad that those on the sidelines think you're crazy. They're on the sidelines watching... watching the game. They cheer... they boo... But that never distracts those in the game. Most people never do what it takes to even step on the field. And when the sidelines clear, the only ones that anyone will remember, write about or care about, are those that had the guts to do what it takes to get in the game.

When the winner is crowned, it's not about who was born the biggest or born in the right family. It's the one who was the most determined and had more heart than everyone else. That's who gets crowned victorious. That's who receives, their THRONE.


#BULLETPROOFBELIEF 
#EMPIREBUILDING

 
 
Let's say you have 1 million customers over any period of time. Let's say out of that, 70% are raving fans. 29% aren't impressed either way with you or your service. And 1% straight up think you are a scam and shady. Those are amazing percents for anyone. But guess what, you still 1%, or 10,000 angry people with itchy twitter fingers, tumblr accounts and blog posts who are gonna shout to the high heaven how much you stink. 700,000 people are too busy loving your service to write an online review. Remember those 10,000 next time you do Google search and pass judgement.


#BULLETPROOFBELIEF
 
 
("A lot of people are gonna hate me, but somebody is gonna love me." In my Byron Schrag voice)

This is something I still struggle with but slowly getting better at.
For most people, it's easier to continue doing what you have always done, even if it isn't getting you closer to where you really want to go, because we tend to favor the familiar even when it's bad for us. We make up all kind of stories in our head to make ourselves not look foolish to ourselves and others in order to justify our stubborn behaviors.  I'm guilty of this and know the pattern too well.
I used to do freelance video editing professionally years ago. I thought it was cool. I met celebrities. It was fun. But, it was not getting me any closer to my financial goals. So, many years too late, I had to let it go into a hobby instead of primary income/wealth generator. If I would have listened to my ego, and not looked at it as an experiment, but instead a permanent inflexible trajectory, I'd still be chasing that unicorn.
What is the difference between an experiment and a mistake? According to Peter Drucker, one the preminent business minds ever, "A mistake is an experiment that runs too long."
  • Most people are one of these extremes. Either, they dabble, meaning start something based on shiny object syndrome and drop it after a few weeks after they realize real effort is involved, or, they do one thing for 5, 10, 30 years, and get zero progress towards the true results they were after in the first place. For them, instead of doing X (example, working a business, being in a relationship) in order to get the result of Y (financial independence, deeper growth experience), after a while of not having progress towards Y, the process of X becomes the only thing they're after. But, they are never fulfilled because Y was never achieved. (I hope that's clear)

What does one of the smartest guys in the world of success say about this? (Not me, I'm clueless. Peter Drucker) You should have 18 month experiments. Try a specific approach for 18 months consistently, then track results. If it's getting you closer to your originally stated outcome, at a growth curve that fits into your stated timeline, continue it. If it doesn't, try a different approach. If you trying to lose 30 pounds by July, but your current approach drops 1 pound every two months, don't say, "Hey, well this is fine. I can still make my goal by July 2022!"
Dear God, don't change your outcome/goal to fit an approach that's convenient. That's gonna end up in regret. Been there!
There's only three big goals:
Health
Wealth
Relationships
Sub goals and targets may change in each category, but the bullseye remains the same until you hit it.
A lot of times just doing what you love, ain't gonna help you hit that bullseye. If you are passionate about teaching people how to underwater basket weave, that's cool. I hate to tell you, that alone isn't gonna help keep the lights on, food on the table and comfortable retirement to look forward to. Passions are essential. But not everyone's passion is going to lead them to the financial promise land, which is ok. The things you love don't have to be financially rewarding. But knowing the difference is very difficult for many, but essential in order to hit your bullseye.
Ultimately, if you stay open minded, acquire knowledge, experiment your tail off, it will all fall into place.
#BULLETPROOFBELIEF 
#BORNTOUPGRADE