Tuesday, February 19, 2019

What You R.E.A.L.L.Y. Want

Mind Rehab


Are you doing what you REALLY want to do?

It's a simple question, but the answer doesn't always come right out.  Whether it be a job, business, or career, many of us aren't doing what we would ideally love to do on a daily basis.

So many things outside of ourselves determine what we spend most of our time on.  From financial obligations and responsibilities to fears and doubts about our ability to do "more".

 In my personal development course, Mind Rehab,  I developed an assessment that includes an acronym for helping determine if you are doing what you really want to do, and how to identify what "it" is.

Are you doing what you R.E.A.L.L.Y. want?
Right- Is your goal, career, or business right for you?  Do you have the gifts, talents, and abilities to do "it" well?
 
Enjoy- Do you enjoy what you are doing?  Are you constantly watching the clock waiting for the day to be over, or do you wake up in the morning in eager expectation of the day ahead?

Always-  We are what we think about all day long.  A good indicator of what you really want is what you always are thinking about or think about the most.

Love- It's hard to do something day in and day out well and with excellence without love.  You have to have a passion and a drive to endure the pain, sacrifice, and perseverance that comes along with what you really want.

Leave- This is simply asking yourself, is it worth it?  Is it worth the sacrifices you have made and the things you may have to leave behind or stop doing?

You- What's the motivation for what you are doing?  Is it the "responsible" thing to do or what the opinions of others have persuaded you to do?  What you R.E.A.L.L.Y. want to do should come from YOU.  

Here's a Mind Rehab tip:  You can't do what you REALLY want to do without first being who you REALLY are!


Thursday, February 14, 2019

Dreamgirl

Valentine's Day

"When I first saw you, I said oh my, that's a dream, that's my dream.  I needed a dream, when it all seemed to go bad. Then I found you. And I have had the most beautiful dreams, any man's ever had".

"When I first saw you.  I said oh my, oh my. That's my dream. That's my dream.  I needed a dream, to make me strong.  You were the only reason I had to go on. "

These are the lyrics from the song, "When I First Saw You", from the Dreamgirls movie soundtrack.  These words captured exactly how I felt when I first saw and met my wife.   I couldn't have asked for a better wife than her.  She is truly the woman of my dreams.

Today, millions of people celebrate valentine's day.  Also, about the same amount of people wish they had a "dream person" to spend today with.  Relationships can be tough sometimes.  So can being single.  It is my suggestion that we should enjoy every season of life that we are currently in.

So this Valentine's day,  I will enjoy my life and marriage with my wife, Nicci Willis.  She is living proof that dreams do come true!

If you are married or in a relationship, be inspired to take some time and tell that special person how you care about them.  And if you are single and desiring the person of your dreams, be encouraged that although no one is perfect, but "dreams" still do come true.

Happy Valentine's Day!


Tuesday, February 12, 2019

Calculated Risk Formula

Calculated Risks

What was the biggest risk you have ever taken?  Was it something thrilling and exciting like skydiving or mountain climbing?  Or was it taking a chance on a relationship or business without prior knowledge?

A risk is the possibility of losing something of value.  It is to take a chance without being in full control of the outcome.  Generally, we make decisions by determining how likely something is to happen, and judge the value that the outcome has for us.

Sometimes we can focus too much in the pleasure of the reward of taking the risk.  And at other times, we can fear the possible pain or loss and not take a risk.  Emotions can either help or hurt making a decision based on the source of the emotion.

One of the first big risks I took was when I bought my first property at 22.   I bought a two family building with a condemned bar attached.  As soon as I closed on the property I became a home owner, landlord, and rehabber all at the same time.

My plan was to rent out the two units and rehab the bar into another one bedroom apartment, for me to live in.  The project was projected to take four months to complete.  I had my plans drawn up, budget in place, and my contractor lined up.  As the project got going, I started running into additional things that needed to be done, that costed more money and took additional time to get done.  From underground pipes that needed to be replaced, to waiting for building permits and special orders to come in.

Long story short, my project that was supposed to take four months to get done, ended up taking ten months to get done!  I had miss calculated the knowledge, time, and money it would take to successfully get this project completed.  But was the risk worth it? Absolutely!  I learned the renovation process, how to be a landlord, and was able to sell this property for a profit and buy another one.

Is their a "sweet spot" in taking risks and making decisions? What's the formula to making a "calculated risk"?

Here are three things that I learned from my experience in taking this risk:

1. Having the proper knowledge is key.  Before you make a move, whether it be starting a business, new career, or relationship, make sure that you have enough information and experience to successfully meet the goal.  I think that the famous investor Warren Buffett said it best, "Never invest in a business you don't understand".

2. Be realistic about the time it will take to see results.  This is by far, the biggest thing to consider.  You can learn and gain experience as you go, but time is a limited commodity that you can never get back.

3.  Determine the financial sacrifices that may have to be made and how long you can go before you see financial gains or improvements.

It is my suggestion that the riskiest thing you can do is to take no risks.  But we must take calculated risks that include much research and preparation.

Be inspired by the reward of making a dream a reality by taking calculated risks!