WE ALL NEED A TRAMPOLINE!
Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.
The Winning Combination: Hard Work, Lifelong Learning, and a Trampoline
There are numerous opportunities to fail in life. Here are a few biggies: Getting Fired, Laid Off, Divorce, Damaged relationships, Bad Investments, a Recession just before retirement/wiping out 50% of your savings.
And the dance goes on and on and on and on!
WINNERS OWN THEIR TRAMPOLINE!
In life, failure is not just a possibility but a certainty. What sets true winners apart is their remarkable ability to bounce back. It’s like they have an invisible trampoline that propels them upward even higher after each failure; this resilience is not accidental; it results from being conscientious, diligent, persistent, and a relentless learner. Let’s explore the powerful stories of a few iconic figures and the essential traits that enabled them to rise again, more vital than ever.
REMARKANLE BOUNCE BACKS
Muhammad Ali:
Ali’s career seemed over when he was stripped of his titles and banned from boxing for three years during his prime due to his stance against the Vietnam War. However, his resilience and unwavering belief in himself saw him return to the ring and reclaim the heavyweight championship three times.
Ali’s story highlights the importance of standing by one’s principles and the power of perseverance.
Jamie Dimon:
Dimon, the CEO of JPMorgan Chase, was fired from Citigroup, a move that could have derailed his career. Instead, he used this setback to re-evaluate his goals and strategies, eventually leading JPMorgan Chase to become one of the most successful banks in the world. When Jamie Dimon speaks, politicians, business titans, Global Leaders, and even the Royals LISTEN!
Dimon’s story underscores the importance of resilience and the ability to turn adversity into opportunity.
Steve Jobs:
How the heck do you get fired from the company you started? When Steve Jobs was dumped like your pet’s turd, many expected him to implode! Jobs faced a career-ending setback. Instead of succumbing to despair, he founded NeXT and Pixar, both of which thrived. Next, he pulled a Muhammads Ali and regained his CEO Crown when he returned to Apple. When Jobs took over a struggling and almost bankrupt Apple, he pulled out his titanium trampoline and transformed it into one of the most influential companies in the world.
Job’s story is a testament to the power of persistence and the relentless pursuit of learning and innovation.
Michael Jordan:
Widely regarded as the greatest basketball player of all time, Michael Jordan, cut from his high school basketball team, worked to become what many consider the GOAT. While discouraged, he used this rejection as fuel to work harder, shooting shot after shot in his dark backyard. His dedication to improving his game was unmatched, leading him to six NBA championships and five MVP awards.
Jordan’s journey exemplifies the impact of diligence and a never-give-up attitude.
Elon Musk:
Musk faced seemingly knockout setbacks when he was FIRED as CEO of Zip2 and PayPal {yep, he was fired twice as CEO}. Musk attached a rocket to his trampoline and went on to found Tesla and SpaceX, two companies that have revolutionized their industries. Musk’s story underscores the importance of learning from failures and maintaining a visionary outlook.
Ronald Reagan:
Before becoming the two-term, 40th President of the United States, Reagan experienced numerous failures, including losing a primary challenge against Gerald Ford, a stalled acting career, and a contentious stint as the President of the Screen Actors Guild. These setbacks, however, shaped his resolve and political acumen, enabling him to become a transformative leader. Reagan’s story is a powerful example of how perseverance and adaptability can lead to monumental success.
YOU CANNOT CLIMB WITHOUT FALLING! – GET UP!
TAKE CONTROL!
External circumstances are often beyond our control. How you respond is entirely up to you!
1. Conscientiousness: You take ownership of your tasks and responsibilities, ensuring you deliver your best, irrespective of the outcome.
2. Diligence: Consistently putting in the effort required to achieve your goals. It’s about showing up daily, ready to tackle challenges head-on, and working the necessary hours to master your craft.
3. Persistence: Maintaining a positive attitude and unwavering determination, even when slow progress or setbacks occur.
4. Lifelong Learning: The most successful individuals never stop learning. They seek new knowledge, skills, and experiences, understanding that each failure is an opportunity to learn and grow.
Embrace these traits, and you’ll find that setbacks are not roadblocks but stepping stones to more extraordinary achievements. Like a trampoline, the harder you fall, the higher you can bounce back—if you control what you can and commit to your growth.
WINNERS BOUNCE BACK LIKE THEY ARE ON A TRAMPOLINE!
The paths to financial freedom are UNLIMITED. CHOOSE YOUR OWN!
LET’S MAKE SOME MONEY – CRYPTOCURRENCY, ANYONE?
WHAT SUBJECTS DO YOU WANT TO READ NEXT? WHAT QUESTIONS CAN I ANSWER? UNTIL NEXT TIME!
YOUR GREATNESS IS NOT WHAT YOU HAVE; IT’S WHAT YOU GIVE! – SOME CHARITIES I SUPPORT
St Jude Hospital: The mission of St. Jude Children’s Research Hospital is to advance cures and means of prevention for pediatric catastrophic diseases through research and treatment. Consistent with the vision of our founder Danny Thomas, no child is denied treatment based on race, religion, or a family’s ability to pay.https://www.stjude.org/
Wounded Warrior Project: An American charity and veterans service organization that offers a variety of programs, services and events for wounded veterans of the military https://www.woundedwarriorproject.org
Folds of Honor: Providing life-changing scholarships to the spouses and children of America’s fallen or disabled military. And now, our mission expands to the families of America’s first responders. On our watch, those who protect our freedoms and our families will know they are not forgotten. https://foldsofhonor.org
Wilson’s No-Kill Animal Shelter: A N0-Kill shelter that is a top-rated non-profit. They compassionately care for all their animals. https://wilsoncountynokillanimalshelter.mywcn.com/
Tunnel To Towers: Since 9/11, we have been helping America’s heroes by providing mortgage-free homes to Gold Star and fallen first responder families with young children and by building specially adapted smart homes for catastrophically injured veterans and first responders. We are also committed to eradicating veteran homelessness and helping America to Never Forget September 11, 2001. https://dogood.t2t.org/give/320847/#!/donation/checkout
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ABOUT ME
I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an NC. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life. It is my time to serve and give back.
DISCLAIMER
I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, and real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation. As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.
