Business Strategy

You know that feeling you get when you drive home along a familiar route and afterwards you don't remember any of the drive?

That is what running on auto-pilot is like.

Your brain is amazing. If you've done things repeatedly the same in the past before, you can do them again with little thought or effort required.

The same is true if you are doing something simple or low risk. You don't need to fully engage.

In both cases you can run on auto-pilot and safely get to your destination.

Until something changes suddenly. Or until a danger suddenly appears.

Then you will be present again.

But it […]

Assuming I set New Year's resolutions I would have the following and more:

• Get more sleep on a regular basis,
• Exercise more,
• Eat better,
• Lose 10 pounds,
• Achieve more business and financial success,
• Balance my time over all areas of my life,
• Have a neater and more organized work space,
• Waste less time on distractions,
• Deal with stress better,
• Travel to Mars.

But if I haven't done those things consistently in the past, what makes me think I will do them in early 2012? Why am I making a big list of things I will likely fail at?

The problem with resolutions is that we tend to focus on the things we aren't happy with… […]

In the previous post I talked about how to intercept the flow of money. This post addresses investing, borrowing, the master plan and concludes the series.

But What About Investing?

When you invest money you no longer have it in your possession. What you have is either a promise to give you your money plus interest back or you have ownership of shares in a company or other investment vehicles.

Cash investments are loaned to others so the money can be spent on something of value.

When you invest in a company you are either buying the shares (at their perceived value) […]

Have you ever heard someone say that there is no shortage of money, in fact there is an abundance of it? This is what the rich understand and the poor do not.

I’ve heard it quite a few times, several times in the last week alone.

What does this really mean? I had to really think about it too.

The following is my take on what they mean about how money really works. Like most things, there is a reason it is important and some important lessons to be learned that go with it. So I encourage you to stick with […]